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National Lotteries Commission (NLC
AUDIT OUTCOME Disclaimer Clean Audit Financially Unqualified FINANCIAL POSITION R’000 R’000 R’000
Current Assets 141 437 94 129 223 873
Non-Current Assets 3 371 3 226 4 834 Total Assets 144 808 97 355 228 708
Current Liabilities 107 029 68 853 131 853
Non-Current Liabilities - - Total Liabilities 107 029 68 853 131 853 Total Net Assets 37 779 28 502 98 854
FINANCIAL PERFORMANCE
Total Revenue 280 089 178 757 192 399
Exchange Transactions 272 319 167 035 174 703
Non-Exchange Transactions 7 770 11 722 17 696 Total Expenditure (270 812) (199 160) (222 707)
Employee Costs (128 729) (81 707) (82 216) Surplus/(Deficit) for Year 9 277 (20 403) (30 308)
FINANCIAL INFORMATION* 2019/20 2018/19 2017/18 CASH FLOW
Operating Activities 32 426 (120 196) (42 221) Investing Activities (3 446) (1 732) (1 870) Cash & Equivalents – Year End 39 938 10 959 132 887 UIFW EXPENDITURE** - - 454
HUMAN RESOURCES 2019/20 2018/19 2017/18 Posts Approved n/a n/a 105 Posts Filled 118 121 104
ROAD TRAFFIC MANAGEMENT CORPORATION (RTMC)
CONTACT DETAILS
PHYSICAL: Eco Origin Office Park, Block F, 349 Witch-Hazel Street, Highveld Ext 79, 0157 Centurion, Gauteng POSTAL: Private Bag X147, Pretoria, 0001 TEL: 012 999 5200 WEB: www.rtmc.co.za EMAIL: Info@rtmc.co.za
OVERVIEW
The Road Traffic Management Corporation (RTMC) was established as a partnership between the national, provincial and local spheres of government to: enhance the overall quality of road traffic services provision and, in particular, ensure safety, security, order, discipline and mobility on the roads; protect road infrastructure and the environment through the adoption and implementation of innovative technology; phase out, where appropriate, public funding and phase in private sector investment in road traffic matters on a competitive basis; introduce commercial management principles to inform and guide road traffic governance and decision-making in the interest of enhanced service provision; optimise the utilisation of public funds; regulate, strengthen and monitor intergovernmental contact and cooperation in road traffic matters; improve the exchange and dissemination of information on road traffic matters; stimulate research in road traffic matters and effectively utilise the resources of existing institutes and research bodies; and develop human resources in the public and private sectors that are involved in road traffic matters.
OFFICE BEARERS
Chairperson: Mr Zola Majavu Board Members: Mr Thulani Kgomo, Adv Johannes Makgatho, Ms Pinkie Manqele, Ms Thembeka Mdlulwa, Prof Maredi Mphahlele, Ms Sigidikazi Petse (Company Secretary), Ms Thandi Thankge, Dr Eddie Thebe Chief Executive Officer: Adv Makhosini Msibi Chief Financial Officer: Ms Liana Moolman (Executive Manager: Financial Services) Senior Management: Ms Dphline Ewertse (General Manager: Internal Audit), Ms Motselitsi Juma (General Manager: Programme Management Office), Mr Kevin Kara-Vala (Executive Manager: Road Traffic Information and Technology), Mr Kagiso Kgosiemang (General Manager: Organisational Risk), Ms Ntombizodwa Mobeng (Executive Manager: Corporate Services), Ms Refilwe Mongale (General Manager: Oganisational Strategy Management), Dr Hlengani Moyana (Executive Manager: Road Traffic Training Academy), Mr Thabiso Ndebele (Executive Manager: Road Safety and Stakeholder Relations Management), Ms Sigidikazi Petse (Company Secretary), Mr Stephen Podile (Executive Manager: Law Enforcement) Communications Officers: Mr Simon Zwane (Chief Communication Officer)
FINANCIAL INFORMATION* 2019/20 2018/19 2017/18
AUDIT OUTCOME
Financially Unqualified Clean Audit Financially Unqualified
FINANCIAL POSITION R’000 R’000 R’000
Current Assets 409 778 275 929 117 974
Non-Current Assets 606 755 491 161 513 697 Total Assets 1 016 533 767 090 631 671
Current Liabilities 116 579 117 945 147 380
Non-Current Liabilities 575 545 1 134 Total Liabilities 117 154 118 041 148 514 Total Net Assets 899 379 649 050 483 157
FINANCIAL PERFORMANCE
Total Revenue 1 388 867 1 195 907 835 252
Exchange Transactions 27 621 26 199 18 584
Non-Exchange Transactions 1 361 246 1 169 708 816 668 Total Expenditure (1 126 949) (1 008 746) (1 078 771)
Employee Costs (605 945) (535 598) (456 756) Surplus/(Deficit) for Year 261 919 187 161 (243 519)
CASH FLOW
Operating Activities 303 903 163 455 (44 293) Investing Activities (180 356) (48 367) (58 986) Cash & Equivalents – Year End 253 354 129 807 14 719 UIFW EXPENDITURE** 14 843 10 377
HUMAN RESOURCES 2019/20 2018/19 2017/18 Posts Approved 902 902 838 Posts Filled 793 800 772
