1. Presentation to the Portfolio Committee on Communications
South African Broadcasting Corporation

2. Contents Introduction and context Corporate priorities Staff issues
SABC Chairperson
Introduction and context
SABC Group CEO
Corporate priorities
Staff issues
News Division equipment
Payment of IPO
Deputy Chairperson
Governance issues
CFO
The Annual Report 2008 – 2009

3. Introduction and background
Immediate priorities
Content quality – on air and on screen
Increase commercial revenues
Cost-savings to achieve sustainability
Strategic phases
Turn around strategy
Organisational stabilisation
Financial sustainability

4. Corporate priorities External drivers Turnaround Planning Unit
SABC must feed into state MTEF planning cycle (corporate plan)
Guarantee Agreement reporting (operational plan to DOC and NT)
Turnaround strategy and structure
Turnaround Planning Unit
Oversees:
Strategy framework
Corporate plan
Operational plan
Turnaround plan

5. Staff matters Headcount and wage bill News reader salaries
Turnaround imperatives
News reader salaries
Newspaper allegations

6. News division equipment
Underlying challenge: analogue-digital migration
Aging analogue equipment cannot be cost-effectively replaced

7. Independent producer payments
SABC financial crisis 2009 – triggered growth in outstanding liabilities to TV producers Most liabilities settled late 2009-early 2010 following NT guarantee-backed loan January 2010 GCEO established monthly liaison meetings with producer organisations February 2010 Board sub-committee preliminary meeting with producer organisations

8. Governance issues AG report implementation: update
4 major disciplinary actions
Subsidiary middle-management disciplinary actions
Additional investigations and disciplinary actions
Responses to the Gobodo Report
Board review
High Court judgment

9. Chief Financial Officer R Nicholson 23 February 2010
Abridged Results Presentation to Parliamentary Portfolio Committee on Communications
Chief Financial Officer
R Nicholson
23 February 2010 9

10. SABC Limited Consolidated
Statement of Financial Position-Total Assets
SABC Limited Consolidated 10

11. SABC Limited Consolidated
Statement of Financial Position
SABC Limited Consolidated 11

12. Growth Year on Year: Past 4 years12

13. SABC Limited Consolidated
2008 / 2009 Financial Performance
Statement of Comprehensive Income for the year ended March 2009
SABC Limited Consolidated 13

14. SABC Limited Consolidated
2008 / 2009 Financial Performance
Statement of Comprehensive Income for the year ended March 2009
SABC Limited Consolidated 14

15. Statements of Changes in Equity
SABC Limited Consolidated
Statements of Changes in Equity

16. SABC Limited Consolidated
Statement of Cash Flow 16

17. SABC Limited Consolidated
Statement of Cash Flow

18. SABC Limited Consolidated
Notes on the Cash Flow 18

19. SABC Limited Consolidated
Statement of Cash Flow 19

20. CFO Report March Results Summarised Age Analysis and Commentary
SABC - DSO Actuals and Forecasts 81 83
109 87 88 90 91 89 20 40 60 80
100
120
Apr
Jun
Aug
Oct
Dec
Feb
Actual Days
Targeted Days 20