Page 360 - SAMRC AnnualReport 2025-26

DETAILED INCOME STATEMENT

31 MARCH 31 MARCH
2026 2025
NOTE(S) R R
Revenue
Revenue from exchange transactions
Rendering of services 437,041,884 546,086,648
Rental income 6,828,433 6,023,856
Other income 24,085,000 20,645,897
Interest received – investment 23 70,033,419 54,210,410
Gain on foreign exchange – 122,888
Fair value adjustments 2,482,462 1,477,299
Dividends or similar distributions received 23 226,550 182,582
Total revenue from exchange transactions 540,697,748 628,749,580

Revenue from non-exchange transactions
Transfer revenue
Government grants & subsidies 765,298,611 724,161,231
Income from contracts and grants (non-exchange) 389,220,344 138,597,870
Total revenue from non-exchange transactions 1,154,518,955 862,759,101
Total revenue 21 1,695,216,703 1,491,508,681

Expenditure
Employee related costs 25 (620,298,488) (599,247,707)
Depreciation and amortisation (46,376,503) (37,225,735)
Impairment loss (reversal of impairments) 30 227,281 (1,353,329)
Finance costs 26 (2,068,931) (287,363)
Lease rentals on operating lease (4,595,103) (4,306,707)
Debt Impairment (reversal) 27 – (3,166,724)
Repayment of conference registration fees (475,447) (14,808,926)
Loss on disposal of assets and liabilities (2,376,860) (2,616,517)
Loss on exchange differences (1,727,423) –
General expenses 28 (285,447,329) (272,129,587)
Repairs and maintenance (25,037,739) (22,029,682)
Collaborative research costs 29 (602,912,153) (473,670,196)
Total expenditure (1,591,088,695) (1,430,842,473)
Surplus for the year 104,128,008 60,666,208

The supplementary information presented does not form part of the annual financial statements and is unaudited

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