Page 3 - KZN Film Annual Report 2023/2024
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KWAZULU-NATAL FILM COMMISSION
  Contents
PART A: GENERAL INFORMATION
Foreword by the MEC 4 Foreword by the Chairperson 5 Chief Executive Officer’s Overview 6 Statement of Responsibility and Confirmation of
Accuracy for the Annual Report 10 Strategic Overview 11 • Vision 11 • Mission 11 • Values 11 Legislative and Other Mandates 12 Board Leadership 13
PART B: PERFORMANCE INFORMATION
Auditor’s Report: Predetermined Objectives 16 Overview of Performance 17
• Service Delivery Environment 17
• Organisational Environment 24
• Key Policy Developments and Legislative Changes 26
• Progress Towards Achievement of Institutional Impacts and Outcomes 26 Performance by Programmes 27
• Programme 1: Chief Executive Officer’s Office 27
• Programme 2: Finance and Administration 29
• Programme 3: Marketing and Industry Development 31 Revenue Collection 43 Capital Investment 43
PART C: GOVERNANCE
Introduction 44 Portfolio Committees 45 Executive Authority 45 The Accounting Authority 45 Risk Management 47 Internal Control Unit 48
The Audit and Risk Committee (ARC) 48 Compliance with Laws and Regulations 49 Fraud and Corruption 49 Conflict of Interest 49 Code of Conduct 49 Health, Safety and Environmental Issues 50 Audit Committee Report 50 B-BBEE Compliance Performance Information 51
PART D: HUMAN RESOURCE MANAGEMENT
Human Resource Oversight Statistics 53
PART E: PFMA COMPLIANCE REPORT
Irregular, Fruitless and Wasteful Expenditure and Material Losses 57 Irregular Expenditure 57 Fruitless and Wasteful Expenditure 59
Additional disclosure relating to material losses in terms of PFMA Section 55(2)(b)(i) &(iii)) 60 Late and/or Non-Payment of Suppliers 61 Supply Chain Management 61 Procurement by Other Means 61 Contract Variations and Expansions 61
PART F: FINANCIAL INFORMATION
Report of the Auditor-General 63 Board Members’ Responsibilities and Approval 70
Audit and Risk Committee Report Board Members’ Report
Statement of Financial Position Statement of Financial Performance Statement of Changes in Net Assets Cash Flow Statement
71 72 - 73 74 75 76 77 78 - 94 95 - 120
Accounting Policies
Notes to the Annual Financial Statements Statement of Comparison of Budget and Actual
Amounts - Unaudited 121 -122
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ANNUAL REPORT 2023/2024
    


































































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