Page 342 - 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
28. General expenses (continued)

Other expenses
Canteen costs 529,431 672,617
Administration costs (209,286) 1,467,120
Personnel teas 1,838,147 1,994,771
Hire of premises and equipment 9,706,721 11,549,034
Licenses 97,337 100,782
Staff recruitment costs 145,710 176,357
Employee wellness costs 838,155 838,071
Pot and plant rental 109,726 110,098
Uniforms 423,628 446,094
13,479,569 17,354,944

29. Collaborative research costs

Extramural units and self initiated research grants 266,218,865 273,055,985
Collaborative research partners and research grant awards 336,503,829 200,377,254
Sponsorships 189,459 236,957
602,912,153 473,670,196

Collaborative research costs include amounts that were paid to research institutions which relates to tranche
payments of contractual agreements signed with institutions who will conduct research on behalf of the SAMRC
as part of the entity’s mandate. No goods or services are received for these payments as they relate to start-up
costs for research, the 2025/2026 amount is R259,932,270 (2024/2025 amount is R173,629,542).

30. Impairment of assets

Impairments
Property, plant and equipment (227,281) 1,353,329

Impairment of (Reversal of previously impaired) property, plant, and equipment were processed during the period
under review (March 2026: R2,810,061; March 2025: R1,606,984). Impairment of property, plant and equipment
was identified at the year-end by management (2026: R2,582,780 and 2025: R2,960,313) Internal indicators such
as the research sites/laboratories not being active were key factors in deciding to impair the property, plant and
equipment.

31. Fair value adjustments

Other financial assets at fair value 2,482,462 1,477,299

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