1. Isett Seta Annual Report Portfolio Committee on Education1
Presentation of the
Isett Seta Annual Report
2009 / 2010 to the
Portfolio Committee on Education
10 November 2010

2. INTRODUCTION OF DELEGATES1
Mr. Lesaiye Chiloane: Chairman
Mr. Oupa Mopaki: CEO
Mr. Jabu Sibeko: Senior Manager for Learning Programmes
Mr. Menzi Fakude: CFO

3. Contents Overview Staff compliment NSDS targets vs actual1
Overview
Staff compliment
NSDS targets vs actual
No. of unemployed people who have entered learning programmes

4. Contents No. of learners provincially1
No. of learners provincially
No. of learners assisted to gain work experience
No. of interns provincially
Accredited training providers provincially

5. Contents Statement of financial performance1
Statement of financial performance
Statement of financial position
Emphasis of matter
Auditor General’s report
Questions and Answers

6. Overview 1
NSDS
The Isett Seta has indeed continued to live up to its mission statement by providing learning and employment opportunities to 1, 452 unemployed learners during the year under review.
This is in addition to the 1, 368 unemployed learners who were skilled in the first three years of the National Skills Development Strategy.

7. Isett Seta Staff Compliment as at 31 March 2010
Level
Black
White
Coloured
Indian
Total M F
CEO 1
Senior Management 2 3
Middle Management
Regional Coordinator
Officers
Advisors 4
Administration Staff 8 10 18
16 (46%)
12 (39%)
3 (9%)
2 (6%)
32 (100%)

8. NSDS Targets vs Actual Indicator Target Actual 1.1
1 x Sector Skills Plan
1.2
1 x Critical Skills Guide
200 Skills Development Facilitators (SDF) trained
3,501 SDFs trained
2.1
94 large firms
123 large firms
147 medium firms
194 medium firms
2.2
738 small firms
1,429 small firms

9. Indicators 2.1 and 2.2 Trends 1

10. NSDS Targets vs Actual Indicator Target Actual 2.51
NSDS Targets vs Actual
Indicator
Target
Actual
2.5
7 BEE firms to participate in Skills Development (SD).
14 BEE firms participated in SD.
2.7
1,333 ABET learners to complete.
2,065 ABET learners completed.
2.8
1,479 employees to enter Learning Programmes (LPs).
1,935 employees entered LPs.
1,225 to complete LPs.
1,848 completed LPs.

11. NSDS Targets vs Actual Indicator Target Actual 3.21
Indicator
Target
Actual
3.2
6 Non Levy Paying Entities to participate in SD.
8 FET Colleges participated in SD.
4.1
264 learners to enter Learning Programmes (LP).
1,452 learners entered LP.
577 to complete LP.
1,368 completed LP.

12. NSDS Target 4.1: No. of Unemployed People who have entered learning programmes
Target
Achieve-ment
No. of unemployed people who have entered learning programmes
264
1,452
No. of black unemployed people
213
1,433
No. of female unemployed people
112
853
No. of unemployed people with disabilities 10 88
No. of young people (below 35 years)
215
1,357

13. No. of Learners Provincially1
Province
No. of Learners
Gauteng
1,134
KwaZulu-Natal 30
Western Cape 99
Limpopo 50
North West 39
Mpumalanga
100
Total
1,452

14. NSDS Targets vs Actual Indicator Target Actual 4.21
Indicator
Target
Actual
4.2
157 learners to gain workplace experience
515 learners gained workplace experience
145 to be employed
250 were employed

15. Indicator 4.2: No of Learners assisted to gain work experience1
Target
Achieve-ment
No. of learners assisted to gain workplace experience grants
157
515
No. of black learners
133
No. of female learners 72
255
No. of learners with disabilities 11
No. of young people (below 35 years)

16. No. of Interns Provincially1
Province
No. of Learners
Gauteng
294
Limpopo 62
North West 27
Free State 4
KwaZulu-Natal 40
Western Cape 49
Mpumalanga
Eastern Cape 35
Total
515

17. NSDS Targets vs Actual Indicator Target Actual 4.31
Indicator
Target
Actual
4.3
54 learners to start new businesses
145 learners started new businesses
38 in business after 12 months
74 were in business after 12 months

18. NSDS Targets vs Actual Indicator Target Actual 5.1
1 Institute of Sectoral or Occupational Excellence (ISOE) to be recognised
2 ISOEs were recognised
5.2
4 institutes to be accredited to provide New Venture Creation Qualification
7 institutes were accredited

19. Accredited Training Providers, 2009 / 2010

20. Statement of Financial Performance1
2009/10 R'000
2008/9 R'000
Skills Development Levy (Income, Interest & Penalties)
361,520
321,709
National Skills Fund income -
1,283
Donor Funding income recognised 10 16
Investment income
16,930
17,730
Other income 40
Employer grant and project expenses
(281,875)
(222,520)
Administration expenses
(27,593)
(28,946)
Finance costs
(53)
(124)
National Skills Fund expenses
(1283)
Donor Funding expenses
(10)
(16)
NET SURPLUS FOR THE YEAR
68,969
87,849

21. Statement of Financial Position1
2009/10 R'000
2008/9 R'000
Non-current assets
1,592
2,156
Current assets
263,348
195,157
Non-current liabilities
(40)
(447)
Current liabilities
(34,586)
(35,521)
NET ASSETS
230,314
161,345
Net Assets represented by:
Administration reserve
1,522
1,981
Employer grant reserve
255
558
Discretionary reserve
288,537
158,806

22. Emphasis Of Matter (AG’s Report)1
Significant Uncertainties
As disclosed in note 20.2 to the financial statements, there were two pending litigation cases against the Isett Seta at 31 March 2010, of which the outcomes were unknown at the date of this report.

23. Emphasis Of Matter (AG’s Report)1
Restatement of corresponding figures
As disclosed in note 24 to the financial statements, the corresponding figures for 31 March 2009 have been restated as a result of errors discovered during in the financial statements of the Isett Seta for the year ended 31 March 2010.

24. Auditor General’s Report 2009/10
Unqualified Audit Opinion

25. Q & A Questions and Answers1
Questions and Answers

26. Thank you www.isett.org.za Tel: (011) 207 2600