Page 19 - CON Boardpack 20201027 November v00-03 (Final)

OCTOBER 2020 Income Statement - YTD

BUDGET MARCH 2020
2020 TARGET ACTUAL DIFF
TOTAL INCOME R 38 021 069 R 31 684 224 R 29 055 390 -8%
Interest & Dividends Received - R 158 126

TOTAL EXPENDITURE R 38 021 069 R 31 684 224 R 26 136 624 -18%
1. CONSUMER ASSURANCE
TOTAL 20% R 7 604 214 R 6 336 845 R 7 086 816 12%
1.1) Veterinary Tests R 1 075 000 R 895 833 R 1 118 473 25%
1.2) Veterinary Services R 2 980 000 R 2 483 333 R 1 671 962 -33%
1.3) Product Protection R 1 225 000 R 1 020 833 R 3 026 972 197%
1.4) S&T Consumer Assurance R 150 000 R 125 000 R 85 255 -32%
1.5) CA - Management / Salaries R 2 174 214 R 1 811 845 R 1 184 155 -35%

2. CONSUMER EDUCATION AND COMMUNICATION
TOTAL 30% R 11 406 321 R 9 505 267 R 6 177 287 -35%
TOTAL
2.1) Marketing Projects R 5 580 000 R 4 650 000 R 856 384 -82%
2.2) Marketing Material R 2 152 948 R 1 794 123 R 3 162 866 76%
2.3) Market Research R 50 000 R 41 667 - -100%
2.4) S&T Consumer education R 150 000 R 125 000 R 24 958 -80%
2.5) CE - Management / Salaries R 2 795 441 R 2 329 534 R 1 802 370 -23%
2.7) SAPPO - AGM R 350 000 R 291 667 R 84 336 -71%
2.8) PORCUS R 327 932 R 273 277 R 246 374 -10%

3. RESEARCH & DEVELOPMENT
TOTAL 5% R 1 901 054 R 1 584 212 R 646 955 -59%

4. BUSINESS INTELLIGENCE
TOTAL 15% R 5 703 161 R 4 752 634 R 5 293 279 11%
4.1) Information / Data R 3 092 686 R 2 577 238 R 3 289 774 28%
4.2) S&T Business Intelligence R 100 000 R 83 333 R 14 209 -83%
4.3) BI - management / Salaries R 2 510 475 R 2 092 062 R 1 989 295 -5%

5. CORPORATE GOVERNANCE
TOTAL 10% R 3 802 105 R 3 168 421 R 2 003 810 -37%
5.1) Meetings - CEO/Board/NC/Members R 1 223 864 R 1 019 887 R 604 969 -41%
5.2) Office Administration R 1 546 961 R 1 289 134 R 1 238 366 -4%
5.3) CG - Management / Salaries R 1 031 280 R 859 400 R 160 475 -81%

6. BUSINESS DEVELOPMENT R 5 250
TOTAL 20% R 7 604 214 R 6 336 845 R 4 077 597 -36%
6.1) Enterprise Development R 1 145 761 R 954 801 R 127 374 -87%
6.2) Skills Development R 840 000 R 700 000 R 302 245 -57%
6.3) Management / Administration R 2 137 000 R 1 780 833 R 1 420 228 -20%
6.4) BD - Management / Salaries R 3 481 453 R 2 901 211 R 2 227 750 -23%

SURPLUS / (DEFICIT) R 3 076 892
NOVEMBER 2020 I Executive Board Meeting

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