1. Institute of Brewing and Distilling Africa Section
Annual General Meeting (AGM)
15th February 2018
A.J. L. Kennedy, Honorary Secretary and Treasurer
Financial Report 2017

2. Agenda – Financial Report 2017
Overview of Key Financial Figures.
Main Highlights of Accounts.
Audited Accounts Available.
Approval of Accounts.
AFRICA SECTION

4. Main Highlights - 2017 R226k of VAT recovered from SARS (2010 – 2017).
R220k expenditure on Accounting Services and Auditing (Completion of Annual Accounts (7 Years) and recovery of VAT (7 years).
R10k interest received.
R12k expenditure on Overseas Travel.
R11k expenditure on Events.
R0k expenditure on Training.
Profit / (Loss) = (R259k).
AFRICA SECTION

5. Annual Accounts – 2017
Copies of 2017 Audited Annual Accounts available for inspection.
Approval of Accounts?
AFRICA SECTION