Page 124 - KZN Film Annual Report 2023/2024

KWAZULU-NATAL FILM COMMISSION
(Registration number M3/15/32 (834/15))
Annual Financial Statements for the year ended 31 March 2024
Statement of Comparison of Budget and Actual Amounts - Unaudited (continued)
Expenditure
Employee related costs
Board and Committee members costs
Marketing and projects
Audit fees
Depreciation and amortisation Finance costs
Research and development Repairs and maintenance
Production and development costs
Operating expenses
Total expenditure
Operating deficit
Loss on disposal of assets and liabilities
Impairment loss
Surplus for the year from continuing operations
Capex
Actual Amount on Comparable Basis as Presented in the Budget and Actual Comparative Statement
Budget on Cash Basis
Figures in Rand
Actual Approved Final Amounts on Budget Adjustments Budget Comparable
Basis
Difference between
Final Reference Budget
and Actual
(35 282 034) 2 552 013 (32 730 021) (34 419 369) (1 689 348) 40.6
(1 355 718) 269 917 (1 085 801) (1 174 295) (88 494) 40.7
(12 821 716) (6 158 290) (18 980 006) (18 317 567) 662 439 40.8
(1 310 000) (327 961) (1 637 961) (1 603 392) 34 569 40.9
- - - (697 205) (697 205) 40.10
- - - (1 696) (1 696) 40.11
(800 000) (92 000) (892 000) (891 030) 970 40.12
(313 000) 22 159 (290 841) (149 570) 141 271 40.13
(20 646 293) (26 138 848) (46 785 141) (43 758 718) 3 026 423 40.14
(14 828 240) (6 028 268) (20 856 508) (17 518 235) 3 338 273 40.15
(87 357 001) (35 901 278) (123 258 279) (118 531 077) 4 727 202
799 999 846 988 1 646 987 8 780 657 7 133 670
- - - (12 315) (12 315) 40.16
- - - (769 613) (769 613) 40.19
- - (781 928) (781 928)
799 999 846 988 1 646 987 7 998 729 6 351 742
(800 000) (846 988) (1 646 988) (1 754 053) (107 065) 40.17
(1) - (1) 6 244 676 6 244 677
ANNUAL REPORT
2023/2024 122