Page 358 - SAMRC AnnualReport 2025-26

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

46. Financial Instruments – Risk Management and other disclosures
(continued)

Class of financial instrument 31 March 2025

AT AMORTISED
COST TOTAL
NOTE(S) R R

Trade and other payables from exchange transactions 14 77,126,410 77,126,410

Financial assets or financial liabilities at fair value through surplus or deficit

Concessionary loans, and financial assets (or group of financial assets) that the entity has
designated as measured at fair value through surplus or deficit that would otherwise be
measured at amortised cost
Refer to the credit risk note section for quantitative disclosures of maximum exposure to credit risk and related
credit derivatives.
Methods and methodologies for instruments designated as fair value through surplus or deficit
The hierarchy of Financial assets recognised at fair value are disclosed in note 3. For level 1 the unadjusted
quoted prices in active markets is used. For level 2, applied inputs other than quoted prices that are observable
for the assets either directly (i.e. as prices) or indirectly (i.e. derived from prices). The valuation certificate received
from Sanlam indicating the unit balance and price per unit and market value.
The entity does not have any designated financial liabilities at fair value through surplus or deficit, and therefore
the relating disclosures required are not applicable.

Statement of financial performance
Items of revenue, expenses, gains or losses

31 March 2026
AT FAIR VALUE
THROUGH
SURPLUS OR OF WHICH:
DEFICIT IN SURPLUS/
(DESIGNATED) DEFICIT TOTAL
NOTES(S) R R R
Net gains or net losses on financial assets and
financial liabilities
Financial assets 2,482,462 2,482,462 2,482,462

31 March 2025
AT FAIR VALUE
THROUGH
SURPLUS OR OF WHICH:
DEFICIT IN SURPLUS/
(DESIGNATED) DEFICIT TOTAL
R R R
Net gains or net losses on financial assets and
financial liabilities
Financial assets 3 1,477,299 1,477,299 1,477,299

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