4. REVENUE COLLECTION

2021/2022

2020/2021

Sources of Revenue

Estimate

R’000

Actual

Amount Collected

R’000

(Over)/Under Collection

R’000

Estimate

R’000

Actual

Amount Collected

R’000

(Over)/Under Collection

R’000

Fee income

162 264

169 450

(7 186)

196 771

101 734

95 037

TOTAL

162 264

169 450

(7 186)

196 771

101 734

95 037

Better than anticipated revenue collection occurred due to new medicine registration percentage completion reached for certain applications.

Revenue recognition will improve as SAHPRA fills funded vacancies in the 2022/23 financial year.