Page 339 - SAMRC AnnualReport 2025-26

F I NAN C IAL I N F O R MA T I O N

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
23. Investment revenue

Dividend revenue
Listed financial assets – Local 226,550 182,582

Interest revenue
Unit trusts 75,237 66,866
Bank 924,107 1,214,059
Interest charged (reversed) on trade and other receivables 254 595
Corporation for public deposits 69,033,821 52,928,890
70,033,419 54,210,410
70,259,969 54,392,992

24. Operating expenses

Depreciation and amortisation 46,376,503 37,225,735
Collaborative research costs 602,912,153 473,670,196
Debt impairment (reversal) – 3,166,724
Employee costs 620,298,488 599,247,707
Loss on disposals 2,376,860 2,616,517
Loss on foreign exchange 1,727,423 –
Impairment (reversal) loss of impairments on property, plant (227,281) 1,353,329
General expenses 285,447,329 272,129,587
Lease rentals on operating lease 4,595,103 4,306,707
Repairs and maintenance 25,037,739 22,029,682
Repayment of conference registration fees 475,447 14,808,926
1,589,019,764 1,430,555,110

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