SACAA Annual Report 2022_23

PART F I Annual Financial Statements Annual Financial Statements for the year ended 31 March 2023 Statement of Financial Performance

Note(s)

2023

2022

Revenue

Revenue from exchange transactions Interest revenue

14 15

24 045 477 9 101 836

10 934 803 3 996 335

Other revenue

Gain on disposal of assets

412 076 142 509

- -

Bad debts recovered

19

Total revenue from exchange transactions

33 701 898

14 931 138

Revenue from non-exchange transactions Revenue from non exchange transactions

16

851 913 953 885 615 851

760 876 177 775 807 315

Total revenue

Expenditure Personnel cost

17 (557 982 456) 18 (188 276 058)

(473 108 215) (132 089 086) (11 556 581) (33 028 373) 25 128 470 (38 913 033)

Operating expenses

Depreciation and amortisation Lease rentals on operating lease

(9 070 058) (33 177 775) (5 137 439) (2 737 106)

(Increase)/decrease in debt impairment provision

19 19

Bad debts written off

Loss on disposal of assets

-

(312 887)

Total expenditure Surplus for the year

(796 380 892)

(663 879 705) 111 927 610

89 234 959

180 I Annual Report 2022/23 I Annual Financial Statements