Summarised financial statements
Summarised financial statements
Statement of financial position as at 31 December 2025
|
2025 R |
2024 R |
||
| Assets | |||
| Non-current assets | |
|
|
| Property, plant and equipment | 322 709 975 | 322 260 410 | |
| Investment property at fair value | 12 231 089 | 12 231 089 | |
| Other financial assets | 163 453 | 238 893 | |
| |
335 104 517 | 334 730 392 | |
| Current assets | |
|
|
| Inventories | 7 157 471 | 6 834 860 | |
| Trade and other receivables | 85 694 180 | 40 852 360 | |
| Other financial assets | 75 440 | 75 440 | |
| Cash and cash equivalents | 28 626 563 | 8 354 165 | |
| |
121 553 654 | 56 116 825 | |
| Total assets | 456 658 171 | 390 847 217 | |
| Equity and liabilities | |
|
|
| Equity | |
|
|
| Accumulated funds | 443 114 589 | 376 909 983 | |
| Liabilities | |
|
|
| Current liabilities | |
|
|
| Trade and other payables | 13 543 582 | 13 937 234 | |
| Total equity and liabilities | 456 658 171 | 390 847 217 |
Detailed income statement
|
2025 R |
2024 R |
||
| Income | |||
| Grants | 5 470 337 | 6 255 934 | |
| National Department of Transport | 4 677 250 | 4 476 500 | |
| Western Cape Department of Local Government | 100 000 | 391 000 | |
| Public bodies | 693 087 | 1 388 434 | |
| Donations and bequests | 37 599 004 | 26 503 074 | |
| Companies | 8 245 929 | 6 159 605 | |
| Individuals | 11 691 259 | 5 539 382 | |
| Legacies and bequests | 6 705 822 | 6 967 526 | |
| Shipping levies | 2 515 800 | 1 329 820 | |
| Trusts | 8 440 194 | 6 406 741 | |
| Public bodies | – | 100 000 | |
| Call centre | 142 772 834 | 140 283 053 | |
| Sale of goods | 7 191 947 | 6 909 406 | |
| Service income | 8 893 376 | 11 319 487 | |
| Sundry income (insurance claims and municipal account recoveries) | 354 040 | 1 088 262 | |
| Events | 4 629 508 | 4 127 542 | |
| Surplus on sale of assets | 10 121 415 | 977 836 | |
| Investment revenue | 2 711 299 | 851 544 | |
| Rental income | 1 601 658 | 1 671 688 | |
| Income | 221 345 418 | 199 987 826 | |
| Distributions received | 47 000 000 | 20 000 000 | |
| Total income | 268 345 418 | 219 987 826 | |
| Expenditure (refer to the below) | (202 140 812) | (186 638 948) | |
| Surplus for the period | 66 204 606 | 33 348 878 |
|
2025 R |
2024 R |
||
| Expenditure | |||
| Banking costs | 2 238 016 | 2 423 231 | |
| Boat running | 6 518 218 | 6 197 575 | |
| Cost of goods sold | 2 992 442 | 2 996 591 | |
| Depreciation and amortisation | 18 749 613 | 17 221 161 | |
| Employee costs | 105 505 838 | 101 711 484 | |
| Information communication technology | 3 783 349 | 3 521 748 | |
| Insurance | 2 863 562 | 2 586 259 | |
| Marketing expenditure | 11 417 602 | 7 356 902 | |
| Office expenditure | 9 903 380 | 10 373 804 | |
| Professional fees | 8 446 192 | 6 753 192 | |
| Property expenses | 13 390 927 | 9 405 602 | |
| Station expenditure | 6 524 843 | 6 705 759 | |
| Travel and accommodation (volunteer training) | 9 806 830 | 9 385 640 | |
| Total expenditure | 202 140 812 | 186 638 948 |
