1. Quarter 3 DRDLR’s Financial Performance Report Presentation to the Portfolio Committee on Rural Development and Land Reform 30 May 2018

2. Fin Performance to date: Programmes

3. FINANCIAL Performance to date: Programmes
Of the total expenditure, 29% was on Restitution; 28% on Land Reform; 18% on Rural Development; 17% on Administration; and 8% on NGMS.
Land Reform: Includes transfers to entities, recapitalisation; land purchase and development expenditure
Restitution: Includes financial compensation on land claims and land acquisition
Rural Development: Includes rural enterprise and industrial development projects; rural infrastructure development; and skills training and development through NARYSEC programme

4. Fin Performance to date: Econ Class

5. FINANCIAL Performance to date: Economic Classification cont..
Expenditure on compensation of employees (COE) was R1.569 billion;
Goods and services expenditure was R1.026 billion mainly for; contractual obligations such as office accommodation rentals and software licence renewals; legal and travel and subsistence when supporting delivery on the core mandates of the department;
Expenditure on transfers and subsidies was R billion; mainly for households projects (R2.193 billion) and transfers to entities (R1.112 billion);
Expenditure on payments for capital assets was mainly as a result of land acquired due to land claims related issues, office furniture, computer hardware and lease of photocopiers.
FINANCIAL
Performance to date:
Economic Classification cont..

6. Priorities
performance

7. Spending vs Drawings: Programmes
Programme / Branch
Spending
Drawings
Under / (over)
% spent against drawings
1. Administration
75.90%
2. National Geomatics Man Serv
38 181
92.40%
3. Rural Development
79.30%
4. Restitution
68.20%
5. Land Reform
85.10%
TOTAL
77.30%

8. Spending vs Drawings: Econ Class
Under / (over)
% spent against drawings
R’000 %
Compensation
90 784
94.50%
Goods and services
76.90%
Interest and rent on land
3 731 -
(3 731)
Provinces and municipal.
79 985
58 003
(21 982)
137.90%
Dept. agencies and acc.
29 926
97.40%
Foreign gov. and int. org.
2 385
(2 385)
Public corp. and priv. ent.
Non-profit institutions
2 619
100.00%
Households
61.40%
Payments: Cap. Assets
35 086
25 082
(10 004)
139.90%
Machinery and equipment
17 280
24 153
6 873
71.50%
Land and sub-soil assets
17 806
(17 806)
Software and other intangible assets
929
TOTAL
77.30%

9. ALHA Financial Performance as at end of the 3rd Quarter of 2017/18

10. FINANCIAL Performance to date: Economic Classification cont..
3rd quarter total spending amounts to R 466 million as at 31 December 2017, representing 32% of the total allocated budget of R 1. 4billion. The biggest cost drivers are
Land Acquisition with budget of R 515m and total spending of R360 million accounting to 70% of its allocated budget.
SRR budget allocation of R525m, however with 2% (R9m) spending to date.
National office with budget allocation R112m (for rates and taxes and PMU and curators fees) and total spending of R59m representing 53% of the budget allocation
The other cost drivers are 1H1H, Recap: commitments and Planning which accounts to 21% of the total allocated budget with a spending of R 31m,. This mainly coming from the PMU fee.
FINANCIAL
Performance to date:
Economic Classification cont..

11. DG INITIALS

12. FINANCIAL
PERFORMANCE TO DATE:
PROGRAMMES

13. FINANCIAL
PERFORMANCE TO DATE:
PROVINCES

14. DG INITIALS

15. FINANCIAL PERFORMANCE TO DATE
Budget: R515:
Expenditure: R 360 mil
70%
Land
Budget R1.4 billion
Budget: 192m
Expenditure: R 33 mil
17%
Recap
2017/18 SPENDING
R466m
OVERALL 2017/18 SPENDING
R466m
Budget: R525
Expenditure: R 9 mil 2%
SRR: 50/50 Transfers
Expenditure: R 466 mil
Budget: R101.8m
Expenditure: R nil mil 0%
1H1H
Budget: R 19.3m
Expenditure: R4.6 mil
24%
Planning
% Spend: 32%
Budget: R 112.7m
Expenditure: R 59.6mil
53%
Head Office

16. Registration of Deeds Trading Account Third Quarter Financial Performance report : (01 October – 31 December 2017) .

17. Executive
Summary
The Deeds Registration Trading Account is a self-funding trading entity generating its own income, mainly from the registration of deeds and the sale of deeds registration information, of which revenue generated represents budget.
In terms of PFMA Trading entities are not allowed to budget for deficit unless there are special arrangements, as a result of these the expenditure projected was aligned to the revenue projected.
Deeds Trading Account (billed) R194,6 million revenue and collected R192,9 million revenue representing R1,7 million under collection.
The entity projected R175,9 million revenue to be billed and collected for third quarter; but received R198,1 million which includes interest from the bank, resulted in over achievement of R 21,3 million and the amount received represents R198,1 million (113%) of the projected revenue of R175.9 million.
The entity collected 99% of the billed amount which is above 95% set target on collection.
Debtors are given 30 days after billing to settle their accounts and are suspended after 30 days and handed to debt collector after 90 days
Revenue collected in the second quarter amounted to R114,7 million which represented 64% of the R177,9 million revenue billed.
When comparing revenue collection between two quarters,(2nd quarter R114,7mil) and (3rd quarter R192,9 mil) there is a increase in collection of R78,2 million.
Spending on compensation of employees amounted to R125,7 million representing 89% of their projections of R141,6 million.
Deeds spending on goods and services amounted to R48,8 million, representing 122% of the projected spending of R39,9 million.
Revenue collected amounted to R192,9 million vs expenditure of R174,4 million which represents 90% of spending vs revenue collected, leaving positive balance of R18,5 million. When comparing the spending vs revenue collected for both quarter 2 and 3, on the second quarter was 111% and 90% on third quarter.

18. DG INITIALS

19. Consolidation : Economic Classification
R’000
Quarter 3 Projected Revenue v/s Spending
Quarter 3 Revenue collected v/s Actual spending
Variance: Projections v/s Actuals
Quarter 3 %
Quarter 2
Quarter 1
Revenue
(21 257)
112%
Interest
4 219
5 097
(878)
121%
Total Revenue
(22 135)
113%
66.1%
20%
Compensation of Employees
15 982
89%
61.3%
21.0%
Goods and services
39 954
48 845
(8 891)
122%
78.5%
6.0%
Depreciation
15 222
8 717
6 505
57%
55.5%
Total Operating Expenditure
13 596
93%
65.8%
18.0%
Surplus/ (Deficit) from Operating Activities
(20 848)
14 883
Assets
6 375
3 676
2 699
58%
3.0%
5.0%

20. Expenditure per office- Economic Classification
Name of
Office
Quarter 3 Revenue Generated ( Billed)
Quarter 3 Revenue collected
Quarter 3 Comp of Employees
Quarter 3 Goods and Services
Quarter 3 Assets
Q3 Total Exp
Variance: Revenue Collected & actual exp
Quarter 3 % spent
Quarter 2 % spent
Quarter 1
% spent
OCRD
41 364
40 266
16 837
37 291
385
54 128
134%
167%
62%
PTA
46 893
46 847
25 771
2 127
27 898
18 949
60%
78%
67%
JHB
24 351
24 322
16 333
1 876
2 694
18 209
6 113
75%
79%
80%
CPT
43 274
43 224
19 581
1 656
112
21 237
21 987
49%
59%
52%
PMB
17 329
17 322
15 430
1 340 25
16 770
552
97%
99%
151%
BLM
5 654
5 304
10 064
1 262 30
11 326
-6 022
214%
278%
247%
KIM
1 615
3 317
471 18
3 788
-2 173
235%
283%
297%
VRY
1 204
1 203
3 514
708
4 222
-3 019
351%
379%
427%
KWT
2 010
2 009
3 890
436
373
4 326
-2 317
215%
220%
203%
UMT
306
2 383
539 15
2 922
-2 616
955%
903%
738%
NEL
5 853
6 175
910
7 085
-1 232
121%
158%
152%
LMP
4 727
2 355
229 24
2 584
2 143
55% 0%
149
Total
48 845
3 676
18 503
90%
111%
83%

21. Revenue collected in Q 1, Q 2 and Q3
Name of
Office
Quarter 1 Revenue Generated ( Billed)
Quarter 1 Revenue collected
Quarter 2 Revenue Generated ( Billed)
Quarter 2 Revenue collected
Quarter 3 Revenue Generated ( Billed)
Quarter 3 Revenue collected
OCRD
39 965
35 108
51 032
28 702
41 364
40 266
PTA
37 519
35 252
35 170
23 975
46 893
46 847
JHB
20 119
19 460
21 460
14 895
24 351
24 322
CPT
36 964
35 155
37 917
25 573
43 274
43 224
PMB
14 136
9 274
15 555
10 743
17 329
17 322
BLM
4 554
3 835
4 885
2 631
5 654
5 304
KIM
1 090
1 074
1 428
961
1 615
VRY
852
767
842
644
1 204
1 203
KWT
1 597
1 580
1 811
1 248
2 010
2 009
UMT
322
313
272
211
306
NEL
3 911
3 838
4 213
2 955
5 853
LMP
1 298
3 279
2 113
4 727
Total

22. Quarter 3
Per Office

23. THANK YOU