Institute of Brewing and Distilling Africa Section

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Presentation transcript:

Institute of Brewing and Distilling Africa Section Annual General Meeting (AGM) 15th February 2018 A.J. L. Kennedy, Honorary Secretary and Treasurer Financial Report 2017

Agenda – Financial Report 2017 Overview of Key Financial Figures. Main Highlights of Accounts. Audited Accounts Available. Approval of Accounts. AFRICA SECTION

Main Highlights - 2017 R226k of VAT recovered from SARS (2010 – 2017). R220k expenditure on Accounting Services and Auditing (Completion of Annual Accounts (7 Years) and recovery of VAT (7 years). R10k interest received. R12k expenditure on Overseas Travel. R11k expenditure on Events. R0k expenditure on Training. Profit / (Loss) = (R259k). AFRICA SECTION

Annual Accounts – 2017 Copies of 2017 Audited Annual Accounts available for inspection. Approval of Accounts? AFRICA SECTION