Presented by Zongezile Baloyi Chief Executive Officer - SASSETA

1. SASSETA briefing to Portfolio Committee on Labour Presented by Zongezile Baloyi Chief Executive Officer - SASSETA

2. Contents • Introduction – SASSETA overview • NSDS Performance • Financial Performance • Summary

3. Introduction • Composition of SASSETA Board SASSETA Board: 28 members nominated by Chambers • Seven chambers have been formed: • Legal • Corrections • Defence • Policing • Justice • Intelligence • Private Security

4. Introduction SASSETA Structure as at 31 March 2009

5. SASSETA NSDS Performance

6. Prioritising and communicating critical skills for sustainable growth, development and equity Objective 1 6

7. Performance Indicators 7

8. Performance Indicators

9. Objective 2 Promoting and accelerating quality training for all in the workplace.

10. Performance Indicators

11. Performance Indicators

12. Performance Indicators

13. Performance Indicators

14. Performance Indicators

15. Objective 3 Promoting employability and sustainable livelihoods through skills development.

16. Performance Indicators

17. Objective 4 Assisting designated groups, including new entrants to participate in accredited work, integrated learning and work-based programmes to acquire critical skills to enter the labour market and self employment.

18. Performance Indicators

19. Performance Indicators

20. Performance Indicators

21. Objective 5 Improving the quality and relevance of provision.

22. Performance Indicators

23. Performance Indicators

24. Performance Indicators

25. SASSETA Financial Performance

26. Revenue Categories R'000 Investment Other Income, Income, R 3,682 , R 21,665 , 2% 12% SDL Penalties & Interest, R 1,402 , SDL Income, 1% R 158,579 , 85% Total Revenue R185,328 Financial Results

27. Expenditure Categories R'000 Administration Employer Grant & Expenses, Project Expenses, R 48,252 , 32% R 102,622 , 68% Total Expenses R150,874 Financial Results

28. Net Surplus for the Year R'000 Total Revenue, R 200,000 R 185,328 R 180,000 Total Expenses, R 150,874 R 160,000 R 140,000 R 120,000 R'000 R 100,000 R 80,000 Net Surplus, R 60,000 R 34,454 R 40,000 R 20,000 R - Revenue, Expenses & Surplus Financial Results

29. Asset Categories Trade & Other Receivable , R 1,651 , Intangible Assets, 1% R 799 , 0% Inventories, R 330 , 0% PPE, R 4,513 , 2% Cash & Cash Equivalents, R 220,252 , 97% Total Assets R227,545 Financial Results

30. Asset Categories Trade & Other Receivable , R 1,651 , Intangible Assets, 1% R 799 , 0% Inventories, R 330 , 0% PPE, R 4,513 , 2% Cash & Cash Equivalents, R 220,252 , 97% Total Assets R227,545 Financial Results

31. Liability Categories R'000 Provisions, R 2,583 , Finance Lease , 10% R 39 , Finance Lease 0% Current Portion, R 422 , 2% Trade & Other Payable, R 23,951 , 88% Total Liabilities R26,995 Financial Results

32. Audit Report for the year ended 31 March 2009 1. Unqualified Audit Opinion 2. SASSETA has applied for the renewal of its certificate of establishment for the next 5 years ending 2015. 3. Need to keep on strengthening the control environment so as to limit the amount of adjustments at financial year-end.

33. Audit Report (continued) NB: Our audit opinion is an improvement from the previous financial year because although we received an unqualified audit opinion in the previous year, we also got an “emphasis of matter”. This year it was an unqualified audit opinion and there was no “emphasis of matter”.

34. Final Performance Score

35. Thank you