1. 1 4 th Quarter Performance Report and Close Out Report – 2012/13 - Presentation to Portfolio Committee On Rural Development and Land Reform 30 th may 2012

2. 2 INTRODUCTION  Background  4 TH Quarter performance report  Close Out Report 2011 -2012  Financial report 2011 -2012

3. 3 BACKGROUND TO THE LAND OWNED BY THE BOARD FACTS AND FIGURES  Land owned by the Board - 2,700,000 hectares.  Number of titles: 1491.  Land held in almost all local municipal areas.  Population living on Trust land estimated at 4,558,698.  249 Traditional Councils have jurisdiction on Trust land.  In total there about 300 traditional leaders in KZN.  About 3,248,404.19ha under traditional communities (some of these will eventually be transferred).

4. 4 TH QUARTER PERFORMANCE INFORMATION Performance Measure4 th Q. TargetActualProgress / Reasons for variation Number of Co-operation agreements entered into and implemented Finalization and implementati on of the target of 3 annual agreements 1 One agreement was signed and implemented. The other two agreements were still being discussed by stakeholders. Number of appropriate land tenure applications approved by the Boards 175213 Target was met and exceed. Number of exclusive land parcels identified with tailor made land management plans developed and implemented Development of two land management plans 2 The target was met. Two land management plans were developed and discussed with the affected communities. 4

5. 5 Performance Measure4 th Q. TargetActualProgress / Reasons for variation Number of title deeds consolidated and a reconciled register Appointment of a service provider - The process of consolidation of the title deeds was revisited, after taking into account the costs versus the benefits of the project. Number of land tenure records entered into the land tenure information system 175204 The quarterly target was met and exceeded. Number of workshops and roadshows conducted 25 The target was meet and exceeded due to additional resources that were employed in the training section Percentage of applications received from communities to be approved by the Board and be paid out. 80% of the received applications 85% A total number of seven requests were received during the quarter and six of them were approved. One application was not processed due to insufficient information.

6. 4 th QUARTER FINANCIAL INFORMATION 6 Performance Measure4 th Income / Projections ActualComments / Reasons for variation Income to be generated (non mining including existing leases) 1,5701,741 Total actual income generated exceeded the projected amount by 2,091 Mining / royalty income to be generated (including existing mining leases) 4,3773,562 Royalties are now paid by mining operators to the state therefore actual income is much lesser than expected income for the year. Grants / transfer payments 3,2602,958 The total amount budgeted has been received from the Dept. New Offices 6,0003,444 Contractor behind schedule therefore under spending of actual construction cost.

7. CLOSE OUT REPORT 2011/12 Performance MeasureTarget 2011/12 ActualProgress / Reasons for variation Number of Co-operation agreements entered into and implemented by TC’s, LM’s and ITB 31 One agreement was signed and implemented. The other two agreements were still being discussed by stakeholders. Number of appropriate land tenure applications approved by the Boards 700618 The target was not met mainly due to applications that were submitted with insufficient information. Number of exclusive land parcels identified with tailor made land management plans developed and implemented 221 The target was met and exceeded. This was mainly due to the processes of verifying all the land parcels that were transferred by the Department during the year. 7

8. 8 Performance MeasureTarget 2011/12 ActualProgress / Reasons for variation Number of title deeds consolidated and a reconciled register 300- The process of consolidation of the title deeds was revisited, after taking into account the costs versus the benefits of the project. Number of land tenure records entered into the land tenure information system 7001270 The target was met and exceeded. Number of workshops and roadshows conducted 518 The target was meet and exceeded due to additional resources that were employed in the training section Percentage of applications received from communities to be approved by the Board and be paid out. 80% of the received applications 88% A total number of 39 requests were received during the financial year and an amount of R2 920 729.76

9. SUMMARY OF FINANCIAL PERFORMANCE 2011/12 INCOME Revenue including transfer payments increased 2.34% Revenue excluding transfer decrease 6.63% Net profit decreased by 41.29% Rental income non mining increased 5.16% Royalty income decreased 30.36% Investment income decreased 13.72% EXPENDITURE Total expenditure increase 8.97% Trust fund expenditure increased 1.17% Transfer payment expenditure increased 38.98% Provision for disbursement of funds decreased 10.91% Secretariat administration costs increased 52.06% Actual payments to community beneficiaries increased 35.58% 9

10. THANK YOU... 10 Visit our website : www.ingonyamatrust.org.zawww.ingonyamatrust.org.za Contact us at : Ingonyama Trust Board 65 Trelawney Road Southgate Pietermaritzburg 3200 Telephone 033 8469900 Fax 033 3862528