Page 14 - CAO Annual Report 2023-24

CENTRAL APPLICATIONS OFFICE
CENTRAL APPLICATIONS OFFICE NPC (RF) REGISTRATION NUMBER: 2007/002819/08
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 28 FEBRUARY 2024
Notes
2024 R
2023 R
Revenue
6
58 500 999
53 911 528
Other income
21 811 532
20 612 858
Income
80 312 531
74 524 386
Operating expenses
71 914 559
58 824 134
Operating profit
7
8 397 972
15 700 252
Interest received
8
3 745 373
1 920 696
Profit for the year
12 143 345
17 620 948
Accumulated surplus at the beginning of the year
91 835 435
74 214 487
Accumulated surplus at the end of the year
103 978 780
91 835 435
12 ANNUAL REPORT 2023/2024