Page 330 - SAMRC Annual Report 2024-2025

ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
NOTES TO THE ANNUAL FINANCIAL STATEMENTS

(CONTINUED)

2025 2024
31 MARCH 31 MARCH
R R
37. Related parties (continued)

Related party balances
Loan accounts – Owing (to) by related parties
Medres (Pty) Ltd (The loan is not considered to be recoverable and has been written off.) 234,630 234,630

Amounts included in Trade receivable (Trade Payable) regarding related parties
National Health Laboratory Services (NHLS (3,336) (469)
National Health Laboratory Services (NHLS 4,900 –
Dept. of Health (DOH) 13,141,640 –
South African Health Products Regulatory Authority (SAHPRA) – 39,890

Deferred Income (grants received in advance)
Dept. of Health (DOH) 593,523 1,382,812

Revenue – grants received and services rendered to related parties
Dept. of Health (DOH, revenue from non-exchange) 724,161,231 660,413,043
Dept. of Health (DOH) Contracts, revenue from exchange 41,103,671 584,348
National Health Laboratory Services 4,261 6,087
South African Health Products Regulatory Authority (SAHPRA) refund of unspent funds – 39,890
765,269,163 661,043,368

Expenditure such as grants awarded, extra-mural unit grants and collaborative
research grants incurred with related party suppliers.
Repayment of unspent grant funds.
Dept. of Health (DOH) repayment of unspent grant – 275,008
National Health Laboratory Services (NHLS) 17,146 160,469
South African Health Products Regulatory Authority (SAHPRA) 117,400 151,000
134,546 586,477
Executive authority information
Minister: Dr. MJ Phaahla until 31 May 2024. Minister Dr A Motsoaledi from 30 June 2024
No subsistence, travel and other related re-imbursement costs have been paid.
Director General: Dr. S Buthelezi
No subsistence, travel and other related re-imbursement costs have been paid.

Executive Directors leave balances
Ms. V Bam 180,938 152,768
Prof. N Ntusi 233,483 –
Prof. G Gray – 237,720
Mr. M Popo 70,992 83,671
Prof. A Mathee 180,452 183,917
Dr. M Mdhluli 375,890 346,852
Dr. M Mulder 126,656 105,472
Mr. S Ngqongwa 176,932 68,409
Prof. L Zuhlke 154,661 133,747
1,500,004 1,312,556

328 SAMRC ANNUAL REPOR T 2025-26