Page 31 - KZN Film Annual Report 2023/2024

KWAZULU-NATAL FILM COMMISSION
Programme 2: Finance and Administration
Programme Purpose
The effective administration of the public entity is essential to ensure efficient service delivery. The Finance and Administration business unit provides the required services such as financial management, human resource development, information technology and corporate services.
• Functions co-ordinated under this programme include:
• Financial management and cost accounting
• Supply Chain Management
• Human resources management
• Information communication and technology management
• Business facilitation to attract investments and fundraising.
Unqualified audit report
Outcome, Performance Indicator, Targets and Actual Achievement
Outcome: Effective administrative business processes that inculcate good governance, risk management and compliance
Performance Indicator
Actual Achievement
Planned Target
Actual Achievement
Deviations
Comments
2022/23
2023/24
2023/24
Unqualified audit report
Unqualified audit opinion with no material finding
Unqualified audit opinion with no material findings
Unqualified audit opinion with no material findings
0
The planned target was achieved.
Explanation of Actual Achievement
The KZNFilm achieved an unqualified audit opinion with no material findings for the 2022/23 financial year. An indication that the entity continues to ensure that it complies with the governance systems, financial management systems and risk frameworks that govern public entities.
Percentage of procurement spend on black owned enterprises
Outcome, Performance Indicator, Targets and Actual Achievement
Outcome: Increased participation of the designated groups in the film sector
Performance Indicator
Actual Achievement
Planned Target
Actual Achievement
Deviations
Comments
2022/23
2023/24
2023/24
Percentage of procurement spend on black-business enterprises
72%
72%
76%
+4
The planned target was achieved and exceeded by +4.
Explanation of Actual Achievement
The indicator of 72% measures the percentage of the entity’s procurement spent on black-owned enterprises. The sub-indicators were 70% for women, 20% for Youth, 2% for People With Disabilities, 2% for Military Veterans and 2% for Co-Operatives. The entity achieved 72% for Blacks, 41% for women, 20% for Youth, and 2% for PWDs. This demonstrates the entity’s commitment to supporting previously disadvantaged groups in line with Government priorities of empowering these groups.
29 ANNUAL REPORT 2023/2024