CLEAR-AA Financial Report: 01 Jan 20’ -31 Dec 20’ 21 July 2021 CLEAR-AA Financial Report 1. Income Statement Table 1: CLEAR-AA’s Income Statement for 01 Jan 2020 to 31 Dec 2020 Notes Dec 20 Income 1 R 6 096 000 Grant Income Multi Donor Trust Fund( MDTF) / World Bank 1.1 R 6 096 000 Operational expenses 2 R 1 301 748 Auditing 2.1 R 53 372 Catering 2.2 R - Conference Fees 2.3 R - Consultant Fees 2.4 R - Cost Recovery 2.5 R 1 205 616 Furniture, Computers & Equipment 2.6 R - Printing & Publications 2.7 R - Stationery 2.8 R - Travel & Accommodation 2.9 R - Other Expenses 2.10 R 42 760 Commitments 2.11 R - Salaries and Benefits 3 R 8 805 169 Salaries & Benefits - Academic 3.1 R 2 311 667 Salaries & Benefits - Support 3.2 R 6 493 502 Total expenses R 10 106 917 Net Surplus/ (Deficit) -R 2 108 429 P&L as at Dec 2020 -R 4 010 917 Opening balance- Jan 2020 R 1 902 487 Verified on behalf of CLEAR-AA Approved on behalf of CLEAR-AA Mr Mark Everett (Executive Manager) Dr Candice Morkel (Director) 21 July 2021 21 July 2021 1|Page CLEAR-AA Financial Report: 01 Jan 20’ -31 Dec 20’ 21 July 2021 Verified on behalf of CLEAR-AA Approved on behalf of SNG Grant Thornton Mr Terrence Legalatladi (Faculty Project Accountant) 21 July 2021 2|Page