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SEPTEMBER 2019 Financial Statement - YTD

BUDGET
R 35 000 000
INCOME EXPENSES Bank ABSA (Cheque acc) R 1 428 919
R 26 778 854 Bank FNB (Cheque acc) R 2 892 772
R 26 546 355
Investment - ABSA & FNB R 952 330 20.8%
75% 77% 68.9%
RESERVES: R 13 844 992 10.3%
ACTUAL ACTUAL TARGET

Surplus / (Deficit) - YTD R 4 720 809
1. CONSUMER ASSURANCE 4. BUSINESS INTELLIGENCE
ACTUAL R 7 429 838 106% ACTUAL R 4 262 283 81%
BUDGET R 7 000 000 BUDGET R 5 260 000
2. CONSUMER EDUCATION & COMMUNICATIONS 5. CORPORATE GOVERNANCE
ACTUAL R 7 790 764 74% ACTUAL R 3 072 836 88%
BUDGET R 10 500 000 BUDGET R 3 490 000
3. RESEARCH AND DEVELOPMENT 6. BUSINESS DEVELOPMENT

ACTUAL 28% R 491 897 ACTUAL R 3 731 236 53%
BUDGET R 1 750 000 BUDGET R 7 000 000
JULY 2019 Balance Sheet

SAPPO
TOTAL ASSETS R 29 812 889
1. FIXED ASSETS R 14 617 464
1.1) Land & Buildings R11 722 810
1.2) Motor Vehicles R827 643
1.3) Computer Equipment R200 811
1.4) Electrical Equipment R144 066
1.4) Furniture & Fittings R652 805
1.5) Business development R1 069 329
2. CURRENT ASSETS R 5 672 124
2.1) Absa Bank R1 428 919
2.2) FNB Bank R2 892 772
2.3) Customer Control Account R1 306 565
2.4) Petty Cash R4 000
2.5) FNB Credit Cards R21 881
2.6) VAT Conrol Account R9 987
2. 7) Payment Suspence Account R8 000
3. INVESTMENTS R 9 523 301
EQUITY & LIABILITIES R 29 812 889
4. RETAINED INCOME R 27 121 349
4.1) Retained Income R 26 921 668
4.2) Net Profit / Loss this Year R 199 681
5. LONG TERM BORROWINGS R 2 311 431
5.1) Other reserves R1 048 706
5.2) VW Credit Vehicles R440 079
5.3) Ford Credit Vehicles R822 647
6. CURRENT LIABILITIES R 380 109
6.1) Insurance Claims Control Account R5 444
6.2) Leave Reserve R296 281
6.3) Salary Control Account R49 403
6.4) VAT Control Account R28 980
NOVEMBER 2019 I Executive Board Meeting

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