Summary statement of comprehensive income 31 March 2024 R 31 March 2023 R REVENUE: Donations 6 189 100 4 424 564 Fundraising projects 20 467 114 14 370 805 Insurance claims 14 771 – Levies and membership fees 660 214 605 731 Merchandise sales 1 142 767 947 866 Skills development 287 436 155 184 Total revenue 28 761 402 20 504 150 COST OF SALES: Purchases for fundraising and merchandise (11 252 933) (9 129 581) Gross surplus 17 508 469 11 374 569 OPERATING EXPENSES: Contributions, material assistance and support to SANParks (14 765 343) (9 565 460) Administrative expenses (2 342 310) (2 526 445) Movement in provision for bad debts 63 971 (78 604) Total operating expenses (17 043 682) (12 170 509) NET SURPLUS FROM OPERATING ACTIVITIES: 464 787 (795 940) Investment revenue 2 051 288 1 258 424 Surplus for the year 2 516 075 462 484 Comprehensive income at beginning of year 27 163 937 26 701 453 Comprehensive income at end of year 29 680 012 27 163 937 Fundraising projects Fundraising projects are the largest source of revenue for the SHR and the surplus from these events contributes to the SHR’s ability to fulfil SANParks’s wish list requests. The surplus on fundraising events was well managed and resulted in the achieved surplus for the year. The net revenue (surplus) from each fundraising activity is shown in the table below. Nett fundraising activities revenue 31 March 2024 R 31 March 2023 R Birding events 489 025 1 104 100 Bush camps 4 108 423 1 484 205 Entertainment events 1 148 063 700 231 Other fundraising events 2 538 491 1 573 144 Merchandise sales 755 766 627 763 Sporting events 1 450 168 768 698 Total nett fundraising activities revenue 10 489 935 6 258 140 SANParks Honorary Rangers 2024 54 Finance continued
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