CTFA Annual Report 2019

FIGURES IN R NOTES 2019 2018 Revenue 13 5,395,077 5,310,076 Cost of sales (78,996) (60,585) Gross surplus 5,316,081 5,249,491 Other income 14 149,633 82,981 Other expenses (4,900,369) (4,319,523) Other gains / (losses) 16 229,750 (211,094) Surplus from operating activities 795,095 801,855 Finance income 17 556,175 384,983 Interest Paid (14) - Surplus for the year 1,351,256 1,186,838 STATEMENT OF COMPREHENSIVE INCOME COSMETIC TOILETRY AND FRAGRANCE ASSOCIATION OF SOUTH AFRICA 31