1. INSETA Annual General Meeting Financial information 2014/15

2. Index Key highlights Statement of Financial Performance Statement of Financial Position Auditor General Report

3. Key Highlights for the year 80% Skills Development Levy Income increased by R28.7 mil from R342.1 mil in 2013/14 to R370.8 mil in 2014/15. Investment Income increased by R4.1 mil from R17.3 mil in 2013/14 to R21.4 mil in 2014/15. Discretionary Grant Project expenditure increased by R102.1 mil from R133.6 mil in 2013/14 to R235.7 mil in 2014/15. Administration surplus increased from R3.1 mil in 2013/14 to R6.8 mil in 2014/15.

4. Statement of Financial Performance

5. Statement of Financial Position

6. Report of the Auditor General Unqualified audit opinion – Annual Financial Statements Material misstatements of Commitments were identified by the auditors, and corrected. – Report on predetermined objectives No material findings raised on the usefulness and reliability of the reported performance information, other than an additional matter paragraph on the achievement of planned targets. – Internal control No significant deficiencies other than those that resulted in the findings on non-compliance with legislation.