1. 1 I NAME OF PRESENTER AFRIK AUDIT & CONSULTING SA 1 Afrik Audit & Consulting SA – Cost and management Accounting for R&D This document contains 10 slides of Cost & Management Accounting solutions for laboratories and R&D institutions.

2. 2 I NAME OF PRESENTER AFRIK AUDIT & CONSULTING SA 2 WHAT OUR COMPANY DOES Afrik Audit & Consulting SA provides solutions to clients in the commercial, Industrial and Pharma industries. We assist business stay ahead of the competition through innovative and cost savings solutions. Afrik Audit & Consulting SA provides solutions to clients in the commercial, Industrial and Pharma industries. We assist business stay ahead of the competition through innovative and cost savings solutions. Animated Object

3. 3 I NAME OF PRESENTER AFRIK AUDIT & CONSULTING SA 3 Why you will love our costing & pricing solution: Totally editable & adaptableFull Economic CostingPrepared using MS Excel

4. 4 I NAME OF PRESENTER Challenges: Sustainability, Cost recovery, Overheads and Tracing INTRODUCTION AFRIK AUDIT AND CONSULTING SA 4 1 Approach used: Full Economic Costing, Activity & Process based Outcome: Full understanding of costs drivers, Cost recovery Sample templates: Costing, Recovery price, Recovery volume 2 3 4

5. 5 I NAME OF PRESENTER CHALLENGES FACED BY PHARMA AND R&Ds AFRIK AUDIT & CONSULTING SA 5

6. 6 I NAME OF PRESENTER Cost reduction and recovery Increased productivity due to time saved Sustainable venture/services/projects PYRAMID OF MODULE Full Economic costing Activity & cost drivers Protocols and processes COMPANY 6 Output Base Process based pricing

7. 7 I NAME OF PRESENTER 7 AFRIK AUDIT & CONSULTING SA Implementation of Full Economic Costing model Local institutions International

8. 8 I NAME OF PRESENTER 8 COMPANY 1. Time saved: Time saved in performing admin and pricing activities by scientists 2. Wastages: losses identified within the processes and activities not billed are included. 4. Affordable: The model is affordable and good value for money. VALUE OF THE MODEL 3. Increased: Productivity: Increased productivity and turnaround time for lab activities (assays and analysis). 5. Local Support: We are available locally to support local labs.

9. 9 I NAME OF PRESENTER 9 COMPANY PICTURE SLIDE This is done by identifying costs drivers and allocating them by category FEC used Determination of IDC

10. 10 I NAME OF PRESENTER 10 AFRIK AUDIT CONSULTING SA PICTURE SLIDE This is done by identifying paid absences: Annual leave days, Sick leave days. FEC used Fringe Benefits

11. 11 I NAME OF PRESENTER 11 COMPANY PICTURE SLIDE This template provides sliding scale pricing, discounts, margins, activity based costing and reconciles details to summary sheet above. FEC used Sample Budget template

12. 12 I NAME OF PRESENTER 12 AFRIK AUDIT & CONSULTING SA African Biotech Focus on African and South African Biotech. LABORATORIES International appeal for our model. Cycle Training of more Accountants. GOING GLOBAL

13. 13 I NAME OF PRESENTER END Questions AFRIK AUDIT & CONSULTING SA 13 www.afrikaudit.co.za info@afrikaudit.co.za 15 Ranleigh park, Harfield Rd, Kenilworth, Cape Town 021-838-2696 Afrik Audit SA @afrikaudit_sa

14. 14 I NAME OF PRESENTER AFRIK AUDIT CONSULTING SA 14 Thank you for taking the time to go through our presentation. Please read more about us on www.afrikaudit.co.za