Page 347 - 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
36. 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 impaired.) 234,630 234,630

Amounts included in Trade receivable (Trade Payable) regarding related parties
National Health Laboratory Services (NHLS) (12,997) (3,336)
National Health Laboratory Services (NHLS) – 4,900
Dept. of Health (DOH) 2,819,133 13,141,640

Deferred Income (grants received in advance)
Dept. of Health (DOH) 7,248,336 593,523

Revenue – grants received and services rendered to related parties
Dept. of Health (DOH, revenue from non-exchange) 765,298,611 724,161,231
Dept. of Health (DOH) Contracts, revenue from exchange 154,790,208 41,103,671
National Health Laboratory Services 43 4,261
920,088,862 765,269,163

Expenditure such as grants awarded, extra-mural unit grants and collaborative
research grants incurred with related party suppliers. Repayment of
unspent grant funds.
National Health Laboratory Services (NHLS) 84,481 17,146
South African Health Products Regulatory Authority (SAHPRA) 190,790 117,400
275,271 134,546
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 and Acting Director General N Crisp from
11 March 2026.
No subsistence, travel and other related re-imbursement costs have been paid.

Executive Directors leave balances
Ms. V Bam 225,589 180,938
Prof. N Ntusi 355,809 233,483
Prof. A Mathee 79,324 180,452
Dr. M Mdhluli 369,321 375,890
Dr. M Mulder 67,213 126,656
Mr. S Ngqongwa 150,995 176,932
Mr. M Popo 71,658 70,992
Prof. L Zuhlke 189,592 154,661
1,509,501 1,500,004

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