Page 320 - SAMRC AnnualReport 2025-26

ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
NOTES TO THE ANNUAL FINANCIAL STATEMENTS
(CONTINUED)

31 MARCH 31 MARCH
2026 2025
R R
5. Receivables from non-exchange transactions

Research grant debtors 65,372,836 21,723,586
At 31 March 2026 there were funder/grantor non-exchange debtors including
the amount owing by the Foreign donor funded project sponsor and accrued
income (31 March 2025 there were funder/grantor non-exchange debtors
and accrued income).

Split between financial instruments and non-financial instruments
Carrying amount of financial instruments 65,372,836 21,723,586

Split of carrying amount of financial instruments into categories
Financial assets measured at amortised cost 65,372,836 21,723,586

Financial instrument disclosure
Additional information on the financial instrument components of this note, as required by GRAP 104, is provided
in note 46 Financial Instruments – Risk Management and Other Disclosures.

Receivables from non-exchange transactions past due but not impaired
The expected credit loss allowance on research grant receivables from non-exchange transactions at
31 March 2026: Nil (2025: Nil).

Receivables from non-exchange transactions impaired
The amount of the provision was Nil as at 31 March 2026 (2025: Nil), the amounts owing are considered fully
recoverable and no expected credit loss has been identified.

Currencies
The carrying amount of other receivables from non-exchange transactions are denominated in the following
currencies:

Rand 65,372,836 21,402,026
Other – 321,560
65,372,836 21,723,586

6. VAT receivable

VAT 8,247,296 13,248,404

VAT Receivable and VAT Payable are statutory arrangements.
7. Prepayments

Prepayments – other relate to expenditure paid in advance for subscriptions; membership fees; annual computer
licenses; computer software updates and maintenance; computer warranties; insurance; conference registrations;
airtickets; accommodation and equipment maintenance.

318 SA M R C A N N U A L R EP O R T 2 0 2 5 / 2 0 2 6