Page 16 - CON Boardpack FEBRUARY 2020 FINAL (v5) P1 - 75_Neat

2019 Income Statement - YTD

BUDGET
2019 TOTAL ACTUAL DIFF
TOTAL INCOME R 35 000 000 R 35 966 084 2,7%
NET LEVY (Jan - Dec) R 36 842 105 100% R 37 193 220 01%
RMLA (Administration Fee) R 1 842 105 - R 1 870 305 1,5%
Interest Income - - R 643 169 -

TOTAL EXPENDITURE R 35 000 000 R 35 552 317 1,6%
1. CONSUMER ASSURANCE
TOTAL R 7 000 000 20% R 9 272 693 32,5%
1.1) Veterinary Tests R 1 212 500 17% R 905 056 -25,4%
1.2) Veterinary Services R 2 500 000 36% R 2 270 307 -9,2%
1.3) Product Protection R 1 825 000 26% R 4 406 067 141,1%
1.4) S&T Consumer Assurance R 75 000 01% R 182 533 143,4%
1.5) CA - Management / Salaries R 1 387 500 20% R 1 508 730 8,7%

2. CONSUMER EDUCATION AND COMMUNICATION
TOTAL
TOTAL R 10 500 000 30% R 9 275 385 -11,7%
2.1) Marketing Projects R 4 969 267 47% R 2 954 242 -40,5%
2.1) Marketing Projects
2.2) Marketing Material
2.2) Marketing Material R 2 690 000 26% R 3 420 719 27,2%
2.3) Market Research R 50 000 00% R 3 511 -93%
2.3) Market Research
2.4) S&T Consumer education
2.4) S&T Consumer education R 110 000 01% R 142 284 29,3%
2.5) CE - Management / Salaries R 2 080 733 20% R 2 097 631 0,8%
2.5) CE - Management / Salaries
2.7) SAPPO - AGM
2.7) SAPPO - AGM R 300 000 03% R 341 044 13,7%
2.8) PORCUS
2.8) PORCUS R 300 000 03% R 315 954 5,3%
3. RESEARCH & DEVELOPMENT
TOTAL R 1 750 000 05% R 1 205 644 -31,1%
4. BUSINESS INTELLIGENCE
TOTAL R 5 260 000 15% R 5 696 502 8,3%
4.1) Information / Data R 2 701 167 51% R 3 323 981 23,1%
4.2) S&T Business Intelligence R 200 000 04% R 164 814 -17,6%
4.3) BI - management / Salaries R 2 358 833 45% R 2 207 707 -6,4%

5. CORPORATE GOVERNANCE
TOTAL R 3 490 000 10 % R 4 474 585 28,2%
5.1) Meetings - CEO/Board/NC/Members R 1 164 200 33% R 1 004 227 -13,7%
5.2) Office Administration R 1 229 097 35% R 1 852 563 50,7%
5.3) CG - Management / Salaries R 1 096 703 31% R 1 617 796 47,5%

6. BUSINESS DEVELOPMENT
TOTAL R 7 000 000 20% R 5 627 508 -19,6%
6.1) Enterprise Development R 1 759 513 25% R 661 094 -62,4%
6.2) Skills Development R 730 000 10% R 446 429 -38,8%
6.3) Management / Administration R 2 069 000 30% R 2 019 765 -2,4%
6.4) BD - Management / Salaries R 2 441 487 35% R 2 500 220 2,4%
SURPLUS / (DEFICIT) R 232 997

FEBRUARY 2020 I Executive Board Meeting

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