Friday, 19 April 2024

FINANCIAL RESULTS AS AT 31 MARCH 2010    
     
     
BALANCE SHEET
   
R'000
INVESTMENTS (AT MARKET VALUE)  
26 488 862
CURRENT ASSETS  
507 760
LESS CURRENT LIABILITIES  
(3 148 421)
ACCUMULATED FUNDS  
23 848 201
REVENUE AND EXPENDITURE
CONTRIBUTIONS RECEIVED  
2 001 413
TRANSFERS RECEIVED  
54 954
INVESTMENT INCOME  
6 209 009
TOTAL REVENUE  
8 265 376
  LESS: ADMINISTRATION EXPENSES  
(85 245)
  BENEFITS PAID  
(3 034 996)
  TRANSFERS OUT  
(72 316)
TOTAL EXPENDITURE  
(3 192 557)
ADD ACCUMULATED FUNDS AT BEGINNING OF YEAR  
18 775 382
ACCUMULATED FUNDS AT END OF YEAR
23 848 382
 

CONTRIBUTIONS RECEIVED, INVESTMENT INCOME AND BENEFITS PAID

Income from investments earned by the Fund during period amounted to R 6 209m whilst contributions by members and employers amounted to R2 001m. Thus total income excluding transfers amounted to R8 210m.
 
CONTRIBUTION AND INVESTMENT INCOME Rm
 

 

BENEFITS PAID Rm

ASSETS Rm

 
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