NRF Annual Report 2018

PART A: STRATEGIC OVERVIEW
FIGURE 7: NRF INCOME TREND
2014 2015 2016 2017 2018
5 000
4 500
4 000
3 500
3 000
2 500
2 000
1 500
1 000
500
0
R’mil
Parlimentary grant 816 203 851 286 878 399 882 805 925 964
Ring-fenced funding 596 676 717 470 1 735 687 2 177 930 2 383 803
Contract income 1 593 721 1 352 120 1 305 988 1 218 254 1 249 078
Other income 153 936 176 787 242 518 222 131 167 867
Total income 3 160 536 3 097 663 4 162 592 4 501 120 4 726 712
Income ratios
The income ratios presented in Figure 8 reflect a flat trend in the core Parliamentary grant, while the ring-fenced funds
have increased over time due to the transfer of certain contracts previously given to the NRF as contract funds, now being
included by DST in the ring-fenced allocation. The pro-rata portion of all income streams remained stable in comparison
to the previous financial year.
FIGURE 8: NRF INCOME RATIOS
50%
40%
30%
20%
10%
0%
Parlimentary grant to total
income
Ring-fenced funding to total
income
Contract income to total
income
Other income to total income
2014 26% 19% 50% 5%
2015 27% 23% 44% 6%
2016 21% 42% 31% 6%
2017 20% 48% 27% 5%
2018 20% 50% 26% 4%
NRF Annual Report 2017/18 33