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ci d b Presentation of Annual Report 2008/09 Parliamentary Portfolio Committee

development through partnership. ci d b Presentation of Annual Report 2008/09 Parliamentary Portfolio Committee Tuesday, 20 October 2009. Presentation Layout. Introduction Legislative framework & Mandate Highlights for the FY 2008/09 Performance Summary Presentation of Financials

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ci d b Presentation of Annual Report 2008/09 Parliamentary Portfolio Committee

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  1. development through partnership cidb Presentation of Annual Report 2008/09 Parliamentary Portfolio Committee Tuesday, 20 October 2009

  2. Presentation Layout Introduction Legislative framework & Mandate Highlights for the FY 2008/09 Performance Summary Presentation of Financials Audit Process Audit findings Management’s corrective action Conclusions development through partnership

  3. Introduction development through partnership Legislative Framework & Mandate CIDB Act 38 of 2000…mandates the cidb to • provide strategic leadership to industry stakeholders to stimulate sustainable growth, reform and development • Regulate the construction industry

  4. Highlights for 2008/09 Challenges Boom in the construction industry, followed by the credit crunch that affected sectors of the economy Good performance by industry due to commitment by government Continued exponential growth of the Register of Contractors Internal Growth –expansion programme in response to the growth of the RoC Strain on resources and systems Budget shortfall development through partnership

  5. Highlights for 2008/09 Focus areas/Projects Regulation amendments Rollout of the Std for Uniformity Construction Contact Centers, 3 launched National Contractor Development Programme-NCDP National Infrastructure Maintenance Strategy-NIMS Support to 2010 Infrastructure Team (stadia) Infrastructure Development Improvement Programme-IDIP development through partnership

  6. Performance Summary Growth and Contractor Development-GCD National Contractor Development Programme-NCDP Phase 1 and Phase 2 – rollouts Signed MoUs with ABSA and STD Bank Construction Contact Centres-CCCs. 3 CCCs launched Mpumalanga, Northern Cape and Free State development through partnership

  7. Performance Summary CRS/Registers High quality registration service and further enhancement of CRS-Business Process management (BPM), staff training Regulation amendments-effective Jan 2009 Phasing out of outsourced help Desks development through partnership

  8. Performance Summary Procurement and Delivery management-PDM Improving Public Sector Procurement Reform-amendment to regulations-SfU, Practice Notes and Briefing Notes Improving Public Sector Infrastructure Delivery-IDIP Brochure Development of construction Procurement as a profession-discussion paper Leadership, Stakeholder Relations and Communications-Procurement Focus Group development through partnership

  9. Performance Summary Construction Industry Performance-CIP Institutional support Status Reports & CII Practice guides Phase II-Best Practice Schemes, met and some ready for pilot Research and Development development through partnership

  10. Performance Summary Office of the CEO Stakeholder Forum – Sept 2008 Publications Fraud and corruption development through partnership

  11. Financial Performance Revenue Revenue from government decreased by 16% to R41,891m from R49,891m in the previous year. Revenue from registers increased by 21.11% to R35,325m from R29,168m in the previous year Total expenditure Total expenditure increased by 4,4% compared to the previous year. The bulk of this increase relates to Staff costs which increased by R6,085m(19%) from previous year.

  12. Financial Performance Finance income Interest income decreased by 6,54% to R2,948m from R3,154m in the previous year. The Deficit Deficit for the year is (R1,351m) after depreciation of R4,238m(R1,225m – 2008). Cash & Cash Equivalents Cash & cash equivalents increased by R5,511m from R30,287m. The bulk of this increase relates to Investments which grew by R8,754m(38%) from R22,774m.

  13. Financial Performance Accounts Payable & Income Received in advance Total Accounts payable increased by R2,305m from R14,408m. The bulk of this increase relate to ‘Trade and other payables’ which grew by R3,518m(61%) from R5,733m Income Received in advance increased by R10,526 to from R13,748m

  14. AuditorGeneral Findings 2008/09 OVERVIEW One(1) Qualification Two(2) Emphasis of matter One(1) Other matters Other Legal & Regulatory Requirements

  15. Auditor General Findings 2008/09

  16. Auditor General Findings 2008/09 continued…

  17. Auditor General Findings 2008/09 continued…

  18. Conclusions Our systems are being beefed up-EDMS, CRS software improvement-major vs incremental Review of registration criteria-resolutions, stakeholder consultations HR Resource allocation being increased New structure to deal with risk and governance management implemented New approach on Internal audit & AG’s recommendations being implemented Registration process simplified

  19. ……………………….Thank you Conclusion development through partnership

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