Page 3 - SAMRC Annual Report 2024-2025

PART D PART F
PART C HUMAN RESOURCES FINANCIAL
GOVERNANCE MANAGEMENT INFORMATION

INTRODUCTION 199 INTRODUCTION 231 INDEX 251
Portfolio Committee on Health 199 HR priorities and the impact
Executive Authority 199 of these priorities, while NATURE OF BUSINESS
highlighting achievements 231 AND PRINCIPAL ACTIVITIES 252
THE ACCOUNTING Workforce planning and key REPORT OF THE
AUTHORITY/BOARD 200 strategies to attract and retain a CHIEF EXECUTIVE OFFICER
Our Board 200 skilled and capable workforce 232 & PRESIDENT 253
Board Charter 200 Employee performance
management framemwork 232 REPORT OF THE AUDITOR-
BOARD MEMBERS 202 GENERAL TO PARLIAMENT
Employee wellness programmes 233
ON THE SOUTH AFRICAN
COMPOSITION OF BOARD 203 Policy development 233 MEDICAL RESEARCH COUNCIL 254
Future HR plans/goals 233
COMMITTEES 210 ANNEXURE TO THE
Remuneration of Board members 211 AUDITOR’S REPORT 257
HUMAN RESOURCE
OVERSIGHT STATISTICS 234
ENTERPRISE RISK 212 ACCOUNTING AUTHORITY’S
MANAGEMENT RESPONSIBILITIES AND
APPROVAL 260
Risks & opportunities 213
INTERNAL CONTROL UNIT 217 AUDIT COMMITTEE REPORT 261
PART E
FRAUD AND CORRUPTION 218 PFMA COMPLIANCE STATEMENT OF
Minimising conflict of interest 218 REPORT FINANCIAL POSITION 263
STATEMENT OF FINANCIAL
SAMRC’S MATERIALITY
PERFORMANCE 264
AND SIGNIFICANCE
FRAMEWORK: 2024/2025 219 IRREGULAR, FRUITLESS
AND WASTEFUL EXPENDITURE STATEMENT OF CHANGES
COMPANY/BOARD SECRETARY 222 AND MATERIAL LOSSES 239 IN NET ASSETS 265
SUPPLY CHAIN MANAGEMENT 243 CASH FLOW STATEMENT 266
SUSTAINABILITY
RESPONSIBILITY 223
STATEMENT OF COMPARISON
OF BUDGET AND ACTUAL
SOCIAL RESPONSIBILITY 224
AMOUNTS 267
AUDIT COMMITTEE REPORT 228
SIGNIFICANT
ACCOUNTING POLICIES 268
B-BBEE COMPLIANCE
PERFORMANCE INFORMATION 228
NOTES TO THE ANNUAL
FINANCIAL STATEMENTS 298
B-BBEE CERTIFICATE 229
DETAILED INCOME STATEMENT 337

SAMRC ANNUAL REPOR T 2024-25 1