Corporate Services division
Afdeling Korporatiewe Dienste
VENNOOTSKAPPE MET BEFONDSERS
VAN GRAAN SA-PROJEKTE
Fondse vanaf die Mielietrust, Sorghumtrust, Olie- en
Proteïensade Ontwikkelingstrust (OPOT) en Wintergraantrust
vorm ‘n wesenlike bydrae tot die Graan SA-begroting.
Tussentydse verslae en jaarverslae is aan die trusts voorgelê.
Feitelike bevindinge deur Graan SA se eksterne ouditeure
(PricewaterhouseCoopers) is aangebied om finansiële
verslagdoening te ondersteun.
Graan SA betuig waardering teenoor die Wintergraantrust,
Mielietrust, Sorghumtrust en OPOT vir volgehoue
ondersteuning.
NAMPO GEBOUE (EDMS) BPK
Die Graan SA-gebou te Bothaville is gedurende
Februarie 2015 aan die nuwe eienaar oorgedra ná
die verkoop daarvan.
Die Graan SA-personeelspan te Bothaville het in
Desember 2015 na NAMPO Park verskuif om bestaande
fasiliteite optimaal te benut.
Jannie de Villiers (right) hands the
2015 Executive Award for Excellence to
Andries Theron, whose wife, Karen, was by his side.
Jannie de Villiers (regs) oorhandig die 2015 Hoofbestuurs-
toekenning vir Uitnemendheid aan Andries Theron. Andries
se vrou, Karen, was ook teenwoordig.
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Photo
Foto
STAFF MANAGEMENT
Staff turnover
The staff turnover for the reporting period was twelve
persons. The full staff corps numbers 68.
Skills development
A skills development plan for the period April to March
was submitted to the AgriSETA. Grain SA pursues the
development and empowerment of all staff and various
training opportunities and courses were offered to staff.
A skills development committee meets every quarter.
Employment equity
Grain SA complies with the statutory requirements for the
submission of reports to the Department of Labour, as
set out in the Employment Equity Act No. 55 of 1998. An
employment equity committee meets every quarter.
Performance evaluation
A performance evaluation of all staff is managed on a
six-monthly basis in consultation with department heads.
PARTNERSHIPS WITH FUNDERS OF
GRAIN SA PROJECTS
Funds from the Maize Trust, the Sorghum Trust, the Oil and
Protein Seed Development Trust (OPDT) and the Winter
Cereal Trust constitute a material contribution to the
Grain SA budget.
Interim reports and annual reports were submitted to the
trusts. Factual findings by the external auditors of Grain SA
(PricewaterhouseCoopers) were submitted to support
financial reporting.
Grain SA would like to express its gratitude to the Winter
Cereal Trust, Maize Trust, Sorghum Trust and OPDT for their
continued support.
NAMPO GEBOUE (PTY) LTD
The Grain SA building in Bothaville was transferred to
the new owner in February 2015 after it had been sold.
The Grain SA staff in Bothaville moved to NAMPO Park
during December 2015 to utilise existing facilities optimally.
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5. Eva Lehabe
Office Clerk
Kantoorklerk
6. Dora mabaso
Cleaner
Skoonmaker
7. Louisa Mohlala
Cleaner
Skoonmaker
8. Leticia Reid
Receptionist
Ontvangsdame
Afdeling Finansiële Dienste
Financial Services division
1. Willem Voogt
Manager: Financial Services
Bestuurder: Finansiële Dienste
2. Christa Herbst
Financial Accountant
Finansiële Rekenmeester
3. Lydia Kasumba
Assistant Accountant
Assistent Rekenmeester
4. Larochelle Knox
Creditors Clerk
Krediteure Klerk
5. Stien le Roux
Debtors Clerk
Debiteure Klerk
Oorsig
Graan SA
het nog ‘n finansiële jaar afgesluit met dankbaar-
heid vir goeie resultate in alle aspekte van sy werksaamhede.
Ons beleggings het nie op dieselfde vlak presteer as verlede
jaar nie, maar die prestasie was aanvaarbaar onder die druk
ekonomiese toestande. Dit is meestal toeskryfbaar aan die
feit dat ons ‘n gematigde portefeulje-belegger is. Graan SA
ervaar steeds druk in terme van befondsing deur eksterne
trusts wat ons laat fokus op ander areas van befondsing. Ons
eindig ons finansiële jaar met ‘n surplus terwyl ons bates ook
positief gegroei het.
Resultate
Die surplus wat op ons finansiële state weerspieël word, is
toeskryfbaar aan kostebesparings en die bydrae vanaf die
heffingsfonds soos goedgekeur op Kongres. Twee miljoen
rand van die surplus word verteenwoordig deur ‘n eenmalige
transaksie met die verkoop van ons gebou te Bothaville.
Graan SA se groei in sy batewaarde is deels die bedrag
ontvang met die verkoop van die gebou wat belê is, asook
die deurlopende opbrengs en prestasie van die beleggings
wat op jaareinde gedeeltelik herstel het.
Weens goeie korporatiewe beheer het ons weer eens
skoon verslae vanaf PWC ontvang op ooreengekome
prosedures uitgevoer op die Mielietrust en ander befond-
sing. Die herkapitaliseringsprojekte duur voort en geen
ongerymdhede is waargeneem nie. Die ouditverslag,
uitgereik deur PWC, is ongekwalifiseerd en ons hou graag
die finansiële state voor soos vervat in blads
y 77 tot 100
.
Ons lede kan gerus wees dat ons prosedures en maatreëls in
plek het om volhoubaarheid te verseker – nie net vir voedsel-
sekerheid nie, maar ook met ons finansies, om so diensbaar
te wees vir ons lede en ons bedryf nou en in die toekoms.
Overview
Grain SA
has concluded another financial year with
gratitude for good results in all aspects of its activities.
Our investments did not perform at the same level as
last year, but the performance was acceptable in the
pressured economic conditions. This can mainly be
attributed to the fact that we are a moderate portfolio
investor. Grain SA is still under pressure in terms of funding
by external trusts, which forces us to focus on other areas
of funding. We end our financial year with a surplus, while
our assets also grew positively.
Results
The surplus reflected in our financial statements can be
attributed to cost savings and the contribution from the
levy fund, as approved by Congress. Two million rands of
the surplus represent a once-off transaction involving the
sale of our building in Bothaville. Grain SA’s growth in asset
value is partly due to the investment of the amount received
on the sale of the building, as well as the ongoing returns
and performance of the investments, which had partially
recovered by year-end.
Because of good corporate governance we again
received clean reports from PWC on agreed procedures
carried out with respect to the Maize Trust and other
funding. The recapitalisation projects continued and
no irregularities were identified. The audit report issued by
PWC is unqualified and we take pleasure in presenting the
financial statements as contained on page 77 to 100.
We assure our members that we have procedures and
measures in place to ensure sustainability – not only for food
security, but also with respect to our finances – in order to
serve our members and our industry now and in the future.
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