1. FINANCIAL REPORT 2006-2007 PROGRAMME 1: ADMINISTRATION
MR OO AYAYA, CHIEF FINANCIAL OFFICER

2. OVERVIEW OF ANNUAL FINANCIAL STATEMENTS
2006/07
R’000
2005/06
% Increase/ (Decrease)
Expenditure
Trading
25.5
Main
18.1
Total
21.6
Spending levels
92,4%
94,4%
(2)

3. UNDER EXPENDITURE PER PROGRAMME
Budget
R’000
Actual
% spent
Administration
97.1
WRM
86.1
Water Services
97.7
Forestry
99.4

4. OVERVIEW OF ANNUAL FINANCIAL STATEMENTS EXCHEQUER ACCOUNT
2006/07
R’000
2005/06
% Increase/Decrease
Administration
89.2
Water Resources Management
16.0
Water Services
(4.6)
Forestry
4.8

5. AUDITOR-GENERAL REPORTS
Exchequer
Trading
Forestry
Trust
Disclaimer ü
Qualification
Emphasis of matter
Unqualified

6. CURRENT PROJECTS Clean Audit – March 2009
EWAM – Immovable asset management project
Moveable asset management project
SAP implementation (system, training etc.)
Accounting firm – resources
Revenue project
Office of Accountant-general (retired accountants & interns)
Clean Audit – March 2009

7. OTHER ACTIVITIES PLANNED
Update of accounting policies and procedures
Budget guidelines
Strategic planning and budget course
Financial support to chief directorates
PFMA, Soft skills training
SAP – Establishment of a centre of excellence
Internal Restructuring of DWAF
Improvement oversight of other institutions (Public entities)

8. CHALLENGES SAP – proper implementation – long term, user requirements
Inadequate capacity (lack of skilled resources)
Segregation between Exchequer and Trading account – functions, staff issues
Assets – magnitude, location

9. PROGRESS TO DATE SAP implementation
Appointment of Chief Financial Officer and Deputy Chief Financial Officer
Segregation between Exchequer and Trading account
Develop of discussion paper
Review of Supply Chain Management process
Implementation of telephone policy
Development of Debt collection policy
Budget blocking
Establishment of Audit Steering Committee

10. Thank you