Page 31 - UKZN Foundation AR 2023

UNIVERSITY OF KWAZULU-NATAL FOUNDATION TRUST Trust Deed number: IT 589/2003
STATEMENT OF CHANGES IN FUNDS AND RESERVES for the year ended 31 December 2023
Notes
Funds
Specified Unspecified Investment Sub-Total Total
Funds Endowment Reserve Funds Fund Funds
RRRRR
Fund balances at 31 December 2021
Total comprehensive income for the year
Transfer of donations to specified endowment funds
Transfers to University operations
Net fair value movement in investments
Fund balances at 31 December 2022
Total comprehensive income for the year
Transfer of donations to specified endowment funds
Transfers to University operations
Net fair value movement in investments
Fund balances at 31 December 2023
71 465 744
(5 175 567) 593 800
(912 041) 7 564 925
73 536 861
18 329 354 26 350
( 484 237) (17 260 450)
74147 878
127 576 589
- -
- (14 235 869)
261 783 305
(11 642 629) 593 800
(912 041) -
62 740 972
(6 467 062)
6 670 944
-
-
261 783 305
(11 642 629)
593 800
(912 041)
-
62 944 854
11 532 145
(15 220 638)
-
-
113 340 720
- -
- 32 481 088
249 822 435
26 350
( 484 237)
-
249 822 435
29 861 499
29 861 499 26 350
( 484 237) -
59 256 361
145 821 808
279 226 047
279 226 047
UKZN FOUNDATiON ANNUAL REPORT 2023 29