{"id":2387,"slug":"sampra-revenue-and-distribution-liability","title":"SAMPRA licence revenue, distributable amount and the unpaid royalty liability, FY2023 and FY2024","source":"SAMPRA (South African Music Performance Rights Association NPC), Annual Review 2024, consolidated and separate annual financial statements for the year ended 31 December 2024, audited by PricewaterhouseCoopers Inc.","source_url":"https:\/\/www.sampra.org.za\/wp-content\/uploads\/2025\/11\/Sampra-AR-2024.pdf","source_type":"official","method":"Every figure is transcribed from SAMPRA's Annual Review 2024, published at sampra.org.za, covering the financial years ended 31 December 2023 and 31 December 2024. Company-level figures are used throughout, not group, because the group also consolidates SAMPRA Development Fund NPC, a separate non-profit that receives an internal allocation from SAMPRA rather than licensing music itself. license_revenue_zar is 'Total revenue' from the audited Statement of Comprehensive Income, company column, note 13.1 (License fees): R223,119,341 for 2024 and R218,464,977 for 2023. distributable_amount_zar is the company column's 'Distributable amount after tax' after the transfer to the retained CSI fund, immediately before the Royalty distribution line, which fully offsets it: R213,565,286 for 2024 and R208,574,978 for 2023. other_financial_liabilities_zar is the closing balance of 'Other financial liabilities' (note 11), described in the statements as royalties available for distribution plus cumulative interest on funds invested, not yet paid out at the reporting date: R303,662,657 at 31 December 2024 and R298,672,348 at 31 December 2023, identical for group and company. trade_and_other_payables_zar is the company column's closing 'Trade and other payables' (note 10): R278,052,429 at 31 December 2024 and R258,465,562 at 31 December 2023. total_current_liabilities_zar is the company column's 'Total current liabilities' from the Statement of Financial Position, which equals total assets because the company reports zero equity: R614,176,595 at 31 December 2024 and R580,501,465 at 31 December 2023. distribution_liability_pct_of_revenue is other_financial_liabilities_zar divided by license_revenue_zar for the same year. distributable_pct_of_revenue is distributable_amount_zar divided by license_revenue_zar for the same year. Nothing here is estimated, projected or restated. This covers SAMPRA's needletime (neighbouring) rights only, meaning public performance and broadcast rights in sound recordings held by performers and record companies. It does not cover SAMRO's performing rights in the underlying musical works, which are measured separately in this desk's samro-royalty-accrual-vs-cash dataset, or CAPASSO's mechanical rights, which are not measured here.","unit":"zar","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":"2026-08-23 16:47:05","n":2,"first_party":0,"columns":[{"key":"fy","label":"Financial year to 31 December","type":"text"},{"key":"license_revenue_zar","label":"Total licence revenue, ZAR","type":"number"},{"key":"distributable_amount_zar","label":"Distributable amount after tax, ZAR","type":"number"},{"key":"other_financial_liabilities_zar","label":"Royalties allocated but not yet paid, closing balance, ZAR","type":"number"},{"key":"distribution_liability_pct_of_revenue","label":"Unpaid royalty liability as % of one year's licence revenue","type":"number"},{"key":"distributable_pct_of_revenue","label":"Distributable amount as % of licence revenue","type":"number"},{"key":"trade_and_other_payables_zar","label":"Trade and other payables, closing balance, ZAR","type":"number"},{"key":"total_current_liabilities_zar","label":"Total current liabilities (= total assets), ZAR","type":"number"}],"rows":[{"fy":"FY2024","license_revenue_zar":223119341,"distributable_amount_zar":213565286,"other_financial_liabilities_zar":303662657,"distribution_liability_pct_of_revenue":136.1,"distributable_pct_of_revenue":95.7,"trade_and_other_payables_zar":278052429,"total_current_liabilities_zar":614176595},{"fy":"FY2023","license_revenue_zar":218464977,"distributable_amount_zar":208574978,"other_financial_liabilities_zar":298672348,"distribution_liability_pct_of_revenue":136.7,"distributable_pct_of_revenue":95.5,"trade_and_other_payables_zar":258465562,"total_current_liabilities_zar":580501465}]}