Page 106 - DUT Annual Report 2020

(1 187 624) (1 004 769) (77 354)
(3 742) 26 874
(1 085 908) (929 917) (67 394)
104
5 920 9 465
DURBAN UNIVERSITY OF TECHNOLOGY ANNUAL REPORT 2020
DURBAN UNIVERSITY OF TECHNOLOGY
CONSOLIDATED INCOME STATEMENT AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED DECEMBER 31, 2020
Operating revenue
Less: Operating expenses
- Staff costs
- Other operating expenses
- Depreciation and amortisation
Net surplus from operations
Income from investments
Loss on disposal of property, plant and equipment Other income
Finance expense
Other expenses
Surplus for the year before transfers and taxation
Amounts spent from prior year receipts: from funds Taxation
Surplus for the year after transfers
Other comprehensive income /(loss)
Not to be reclassified to surplus in subsequent periods:
Fair value remeasurements on investments carried at FVOCI Net actuarial gain on defined benefit plan
Total comprehensive income for the year
2 722 020
(2 269 747)
452 273
161 785 (3 840) 123 476 (8 574) (40 151) 684 969
2 495 588
(2 083 219)
412 369
208 133 (376) 159 404 (9 086) (61 251) 709 193
(4 396) (353)
704 444
15 385
719 829
NO TE
17
18 2.3 &19
16.1
15.2 20 18
2020 2019 R’000 R’000
(2 701) 10&21 (172)
682 096
23 132
705 228