34. Going concern

The annual financial statements have been prepared on the basis of accounting policies applicable to a going concern. This basis presumes that funds will be available to finance future operations and that the realisation of assets and settlement of liabilities, contingent obligations and commitments will occur in the ordinary course of business.

The potential adverse impact of COVID-19 has been considered by SAHPRA and is considered to have an insignificant impact on the ability to continue as a going concern.