{"id":5040,"slug":"sa-rights-collectors-balance-to-payout-multiple","title":"South Africa’s two music rights collectors: unpaid royalty balance as a multiple of that year’s cash payout","source":"Computed from this desk's registered sampra-payout-and-unpaid-balance-2024 and samro-royalty-accrual-vs-cash datasets, both built from each organisation's own audited annual financial statements","source_url":"https:\/\/cdn.prod.website-files.com\/641d55c4d3455bd939321315\/69c3f930c5f11a7f982815d9_Samro_Annual_IR_2025_19472_20260324_V04a_LDV_12H42_Interactive.pdf","source_type":"computed","method":"multiple is balance_zar divided by payout_zar for the same collector and the same financial year, rounded to two decimal places. SAMPRA's row uses the closing unpaid royalty balance (other_financial_liabilities_zar, R303,662,657) and royalties processed and paid during 2024 (R176,700,000, stated to R0.1m in SAMPRA's Annual Review 2024), both already registered in sampra-payout-and-unpaid-balance-2024: 303,662,657 \/ 176,700,000 = 1.72. SAMPRA's Annual Review states only one year of royalties-paid in prose, so this desk has one SAMPRA data point, not a series. SAMRO's two rows use payable_balance_zar (Distributions payable and in progress, audited to the rand) divided by cash_paid_zar (Royalty distribution cash payments, audited to the rand), both from samro-royalty-accrual-vs-cash: FY2024 (year ended 30 June 2024), 1,150,569,000 \/ 429,153,000 = 2.68; FY2025 (year ended 30 June 2025), 1,286,855,000 \/ 419,718,000 = 3.07. SAMPRA's balance is needletime (neighbouring) rights in sound recordings; SAMRO's is performing rights in musical works. The two organisations' financial years end on different dates (SAMPRA: 31 December, SAMRO: 30 June) and their payout figures are not stated with the same precision (SAMPRA's to R0.1m in prose, SAMRO's to the rand in audited statements), so the multiples are comparable in kind but not in exact precision, and SAMPRA contributes one year while SAMRO contributes two.","unit":"ratio","license":"Afrobeats Wire's compilation and analysis are licensed CC BY 4.0. Rights in the underlying source data remain with the source named above.","confidence":"high","retrieved":"2026-09-19 07:52:52","n":3,"first_party":0,"columns":[{"key":"collector","label":"Collector and rights type","type":"text"},{"key":"fy","label":"Financial year","type":"text"},{"key":"balance_zar","label":"Unpaid\/payable royalty balance, closing, ZAR","type":"number"},{"key":"payout_zar","label":"Royalties paid in cash that year, ZAR","type":"number"},{"key":"multiple","label":"Balance divided by that year's cash payout","type":"number"}],"rows":[{"collector":"SAMPRA (needletime\/neighbouring rights)","fy":"FY2024 (year ended 31 Dec 2024)","balance_zar":303662657,"payout_zar":176700000,"multiple":1.72},{"collector":"SAMRO (performing rights)","fy":"FY2024 (year ended 30 Jun 2024)","balance_zar":1150569000,"payout_zar":429153000,"multiple":2.68},{"collector":"SAMRO (performing rights)","fy":"FY2025 (year ended 30 Jun 2025)","balance_zar":1286855000,"payout_zar":419718000,"multiple":3.07}]}