Page 103 - KZN Film Annual Report 2023/2024

KWAZULU-NATAL FILM COMMISSION
Notes to the Financial Statements (continued)
16. Interest received- investment Interest revenue
Interest on call account
17. Other income
Sundry income
Production and development recoveries/ recoupments Recoveries and Staff debt
Funds- MICT SETA Learnership
The other income relates to:
The amount of R75 099 relates to sundry income from NFVF and GFC.
The amount of R59 368 relates to production recoveries.
The amount of R1 751 887.36 relates to recoveries and staff debt.
The amount of R2 897 336 relates to MICT SETA contribution to the Learnership programme.
18. Government grants and subsidies Operating grants
Income from EDTEA Special grant
Total grants released
1 504 593
1 504 593
75 099
59 368 1 751 887 2 897 334
4 783 688
3 058 963
3 058 963
22 493 157 428 23 604 399 773
603 298
(Registration number M3/15/32 (834/15)) Annual Financial Statements for the year ended 31 March 2024
Figures in Rand
2024
2023
84 157 000 750 000
84 907 000
83 855 000 1 850 000
85 705 000
101
ANNUAL REPORT
2023/2024