Page 77 - KZN Film Annual Report 2023/2024
P. 77
KWAZULU-NATAL FILM COMMISSION
Statement of Financial Performance
Figures in Rand Note(s)
Revenue
Revenue from exchange transactions
Rendering of services 14 Rental of facilities and equipment 15 Interest received - investment 16 Other income 17 Impairment loss reversal 26 Total revenue from exchange transactions
Revenue from non-exchange transactions
Transfer revenue
Government grants and subsidies 18 Total revenue 13
Expenditure
Board and committee members costs 19 Employee related costs 20 Marketing and projects 21 Depreciation and amortisation 22 Impairment loss on projects 23 Bad debts written off 24 Operating expenses 25 Impairment loss 26 Audit fees 27 Production and development costs 28 Research and development 29 Loss on disposal of assets and liabilities 7 Total expenditure
Surplus for the year
2024
21 040 214 047 1 504 593 2,437,309 - 6 523 368
84 907 000
91 430 368
(1 174 295) (34 419 369) (18 317 567)
(697 205) - (1 696) (17 667 805) (769 613) (1 603 392) (43 758 718) (891 030) (12 315) (119 313 005) (27 882 637)
2023
29 953 234 508 3 058 963 603 298 672 358 4 599 080
85 705 000
90 304 080
(1 537 242) (34 062 089) (18 058 827)
(887 253) (1 500 000) - (18 366 643) - (1 482 311) (42 242 498) (644 303) (13 400) (118 794 566) (28 490 486)
(Registration number M3/15/32 (834/15)) Annual Financial Statements for the year ended 31 March 2024
75
ANNUAL REPORT 2023/2024
