Page 3 - SAMRC Annual Report 2023-24

HUMAN RESOURCES FINANCIAL
GOVERNANCE
MANAGEMENT INFORMATION

INTRODUCTION 165 INTRODUCTION 195 INDEX 213
Portfolio Committee on Health 165 HR priorities and the impact NATURE OF BUSINESS
of these priorities, while
Executive Authority 165 highlighting achievements 195 AND PRINCIPAL ACTIVITIES 214
THE ACCOUNTING Workforce planning and key REPORT OF THE
AUTHORITY/BOARD 166 strategies to attract and retain a CHIEF EXECUTIVE OFFICER
skilled and capable workforce 196 215
Our Board 166 & PRESIDENT
Employee performance
Board Charter 166 management 196 REPORT OF THE AUDITOR-
GENERAL TO PARLIAMENT
Employee wellness programmes 196
BOARD MEMBERS 168 ON THE SOUTH AFRICAN
Policy development 197 MEDICAL RESEARCH COUNCIL 216
COMPOSITION OF BOARD 169
Future HR plans/goals 197 ANNEXURE TO THE
AUDITOR’S REPORT 219
COMMITTEES 178
HUMAN RESOURCE
Remuneration of Board members 179 OVERSIGHT STATISTICS 198 ACCOUNTING AUTHORITY’S
RESPONSIBILITIES AND
RISK MANAGEMENT 180 APPROVAL 222
Risks & mitigation activities 180 AUDIT COMMITTEE REPORT 223

INTERNAL CONTROL UNIT 184 PFMA COMPLIANCE
REPORT STATEMENT OF
Internal audit and audit committees 184 FINANCIAL POSITION 225

FRAUD AND CORRUPTION 186 STATEMENT OF FINANCIAL
IRREGULAR, FRUITLESS PERFORMANCE 226
Minimising conflict of interest 186 AND WASTEFUL EXPENDITURE
Code of conduct 186 AND MATERIAL LOSSES 203 STATEMENT OF CHANGES 227
IN NET ASSETS
Health safety and environmental 187 SUPPLY CHAIN MANAGEMENT 207
CASH FLOW STATEMENT 228
Company/Board Secretary 187
OTHER NOTABLE
RELATIONSHIPS 207 STATEMENT OF COMPARISON
SOCIAL RESPONSIBILITY 188 OF BUDGET AND ACTUAL
AMOUNTS 229
B-BBEE COMPLIANCE
PERFORMANCE INFORMATION 192 SIGNIFICANT
ACCOUNTING POLICIES 230
B-BBEE CERTIFICATE 193
NOTES TO THE ANNUAL
FINANCIAL STATEMENTS 260

DETAILED INCOME STATEMENT 299

SAMRC ANNUAL REPOR T 2023-24 1