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2011/12 FINANCIAL PERFORMANCE TRANSFER PAYMENTS SCHEDULE - 2011/2012 BUDGET OVERVIEW FOR 2012/2013

DEPARTMENT OF ENERGY 2012/13 BUDGET OVERVIEW Presentation to the Select Committee on Economic Development Office of Chief Financial Officer 24 April 2012. PRESENTATION OUTLINE. 2011/12 FINANCIAL PERFORMANCE TRANSFER PAYMENTS SCHEDULE - 2011/2012 BUDGET OVERVIEW FOR 2012/2013

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2011/12 FINANCIAL PERFORMANCE TRANSFER PAYMENTS SCHEDULE - 2011/2012 BUDGET OVERVIEW FOR 2012/2013

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  1. DEPARTMENT OF ENERGY2012/13 BUDGET OVERVIEWPresentation to the Select Committee on Economic DevelopmentOffice of Chief Financial Officer24 April 2012

  2. PRESENTATION OUTLINE • 2011/12 FINANCIAL PERFORMANCE • TRANSFER PAYMENTS SCHEDULE - 2011/2012 • BUDGET OVERVIEW FOR 2012/2013 • TRANSFER PAYMENTS SCHEDULE - MTEF

  3. Financial Performance as at 31 March 2012 –per Economic Classification

  4. Performance Overview • YTD Performance • The Actual amount spent by the Department is a total of R6,174 million or 99.6% of its total 2011/12 adjusted appropriation of R6,201 million • A total of R13.1 million or 49% of the overall balance of R26.6 million remaining belongs to the Transfer payments economic classification • The composition of the overall balance of R26.6 million is as follows: • Compensation of Employees :R2.7 million • Goods & Services :R5.9 million • Transfer Payments :R13.1 million • Capital Assets :R4.9 million

  5. Performance Overview • YTD Performance • Compensation of Employees • The R2.7 million balance in this category is due to an amount of R3 million reclassified from Transfer payments to provide for the setting up of the IPP unit. • The necessary processes to set up the unit could not be completed by the 31st of March 2012 • Most of this balance will be transferred to the Goods & Services category to defray excess expenditure, within the virement rules • Goods & Services • Although an under spend of R5.9 million reflected in the DoE books as at 31 March 2012, the DoE had processed payments for International membership fees to a total of R8.1 million • These payments remained in the Department’s Commitments awaiting the release of the foreign funds by the Reserve bank

  6. Performance Overview • YTD Performance • Goods & Services • The Department received confirmation that the foreign funds were transferred by the Reserve bank to the relevant foreign recipients on the 2nd & 3rd of April 2012 • The Department is expecting a roll over into the 2012/13 financial year for the above costs • Transfer Payments • An amount of R11.8 million or 90% of the overall balance of R13.1 million within this category is attributable to funding specifically appropriated for the EDI-H • The Department could not authorise transfers to the EDI-H due to sufficient funding which remained in the EDI-H books

  7. Performance Overview • YTD Performance • Transfer Payments • A reclassification request submitted to the National Treasury requesting permission to utilise these EDI-H funds for DoE’s relocation costs was declined • The above was declined as it was in contravention of S43 of the PFMA which prescribe a specific limit to the value of up to 8% from one programme to another • The Department’s application to be exempted from the limit prescribed in S43 was also declined • CAPEX • Funds earmarked for capital assets could not be spent due to the delay of the DoE relocation. A request for a rollover of these funds will be submitted to National Treasury

  8. Financial Performance as at 31 March 2012 –per Programme

  9. TRANSFER PAYMENTS SCHEDULE – 2011/12

  10. BUDGET OVERVIEW PER PROGRAM FOR 2012/13

  11. DoE MTEF ALLOCATION OVERVIEW

  12. Programme 1: Administration MTEF ALLOCATION OVERVIEW

  13. Programme 2: Energy Policy and Planning MTEF ALLOCATION OVERVIEW

  14. Programme 3: Energy Regulation MTEF ALLOCATION OVERVIEW

  15. Programme 4: National Electrification Programme MTEF ALLOCATION OVERVIEW

  16. Programme 5: Nuclear Energy and Regulation MTEF ALLOCATION OVERVIEW

  17. TRANSFER PAYMENTS – MTEF ALLOCATION OVERVIEW

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