Contributions, material assistance and support to SANParks The amount of contributions, material assistance and direct support to SANParks increased to R14 765 343 (2023: R9 565 460). In addition to the support to SANParks through the contributions, material assistance, of wish list items, fundraising events are held in the national parks where accommodation and camps are purchased from SANParks. This amounted to R 3 954 947 (2023: R3 214 109). Total monetary spend on SANParks was R18 720 290 (2023: R12 779 569). This represents 65,09% (2023: 62,3%) of total income for the financial year ended 31 March 2024. Summary of administrative expenses 31 March 2024 R 31 March 2023 R Accounting, consulting and professional fees 37 370 56 907 Administration costs 254 720 215 797 Advertising and marketing 120 052 73 261 Auditors' remuneration 21 085 27 500 Bank charges 68 255 51 151 Depreciation 204 501 254 004 Employee costs 1 084 558 1 247 386 Information technology expenses 77 455 6 614 Insurance 45 363 33 318 Licence fees 45 964 51 122 Printing, stationery and telephone costs 58 098 65 128 Small assets – 47 250 Travel costs 324 889 397 007 Total administration expenses 2 342 310 2 526 445 Administration expenses amounted to R 2 342 310 being 13,38% (2023: R 2 526 445 being 22,2%) of gross surplus and 8,14% (2023: 12,3%) of gross income. Reduction in provision for bad debts and decreased employee costs contributed to the decrease in expenses. Summary statement of cash flows 31 March 2024 R 31 March 2023 R Cash generated from operations 1 619 355 3 463 508 Investment income (interest received) 2 051 288 1 258 424 Purchase of equipment and trailers (359 545) (174 889) Total cash movement for the year 3 311 098 4 547 043 Cash at beginning of financial year 26 792 642 22 245 599 Total cash at end of financial year 30 103 740 26 792 642 SANParks Honorary Rangers 2024 55
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