SACAA Annual Report 2022_23

S

Annual Financial Statements for the year ended 31 March 2023

R

A

Y

E

Notes to the Annual Financial Statements

2023

2022

18. Operating expenses Aircraft operating expenses Auditors remuneration (refer to note 21)

26 144 975 2 782 565

20 260 929 3 065 079

Bank charges

659 061

386 298

Bursaries Cleaning

2 709 421 1 836 743 2 879 715 9 858 620 5 681 061 2 096 872 3 962 332 3 801 959 6 128 828 266 652

6 532 987 1 572 534 1 215 460 8 991 526

Conferences, seminars and venue hire Consulting and professional fees

Consumables

157 890

Electricity

4 782 893

Fuel and oil IT expenses Insurance Legal Fees

660 167

5 211 248 1 150 622 4 567 198

Magazines, books and periodicals

707 121 974 439 785 477

551 310 962 053

Placement fees

Postage and courier Printing and stationery

1 366 064 1 398 057 2 075 419

2 198 739 4 468 401

Public relations

Refuse

129 202

439 366 22 055

Regulation development Repairs and maintenance Safety and promotion

1 128 383 1 258 617 5 087 454 4 922 469 4 188 465 35 829 563 7 465 939 2 290 281 6 319 918 11 011 244 17 515 919 12 456 766 326 077

2 458 923 2 224 118 5 273 973 3 761 158 30 950 720 1 127 166

Security

Skills development levy

Software expenses

Sponsorships Staff events Staff welfare

360 701 155 012

Telephone and fax

5 516 085 4 207 196 8 139 240 2 138 794

Training

Travel - domestic Travel - International

Uniforms

177 884 224 896

131 133 275 712

Other expenses

188 276 058 132 089 086 Operating expenses increased by 42.5% in the current year as a result of the resumption of increased business activities in the aviation industry as the impact of COVID-19 pandemic became less prevalent as compared to the prior year.

Annual Financial Statements I Annual Report 2022/23 I 209