Annual Report 2008/2009 - Umalusi

Statement of Financial Position
At 31 March 2009
Assets
Notes
Non-current assets 14,453,789 13,156,103
Property and equipment 2 14,290,658 13,152,227
Intangible assets 3 163,131 3,876
2009
R
2008
R
Current assets 30,170,245 24,038,826
Trade and other receivables 4 5,047,446 10,036,339
Cash and cash equivalents 5 25,122,800 14,002,487
Total assets 44,624,034 37,194,929
Equity and liabilities
Equity
Accumulated surplus 39,109,004 34,053,015
Liabilities
Trade and other payables 6 5,515,031 3,141,914
Total equity and liabilities 44,624,035 37,194,929
Statement of Financial Performance
For the year ended 31 March 2009
Notes
2009)
R)
Revenue 7 27,019,914) 21,682,498)
Other operating income 8 16,602,570) 12,744,096)
Depreciation and amortisation (1,230,423) (799,415)
Staff costs 9 (19,281,620) (14,473,009)
Other operating expenses 10 (20,866,337) (15,614,933)
Operating surplus 2,244,104) 3,539,237)
Investment revenue 11 2,811,885) 1,586,972)
2008)
R)
Surplus for the year 5,055,989) 5,126,209)
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