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SOUTH AFRICAN BUREAU OF STANDARDS

SOUTH AFRICAN BUREAU OF STANDARDS 2014/15 Q4 Report to the Parliamentary Portfolio Committee on Trade & Industry 18 th August 2015. CELEBRATING 70 YEARS OF QUALITY ASSURANCE. CONTENTS Q4 REPORT 2014/15. INTRODUCTION OPERATIONAL HIGHLIGHTS 2014/15 PERFORMANCE VS PREDETERMINED OBJECTIVES

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SOUTH AFRICAN BUREAU OF STANDARDS

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  1. SOUTH AFRICAN BUREAU OF STANDARDS 2014/15 Q4 Report to the Parliamentary Portfolio Committee on Trade & Industry 18thAugust 2015 CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  2. CONTENTS Q4 REPORT 2014/15 • INTRODUCTION • OPERATIONAL HIGHLIGHTS 2014/15 • PERFORMANCE VS PREDETERMINED OBJECTIVES • FINANCIAL PERFORMANCE CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  3. RENEWAL AFTER 65 YEARS OF REGULATORY • The SABS was established in terms of the Standards Act, 1945 (Act No. 24 of 1945) • In 2008, the regulatory function of the SABS was removed - Standards Act No. 8 of 2008 and NRCS Act of 2008 SABS CONFIDENTIAL

  4. SOLID FOUNDATION : 70 YEARS Sub headline ~1100 Employees ~ 100 Contract Employees ~130 Standards Development ~400 Laboratories ~350 Certification ~50 Training & Design Institute ~150 Corporate Services

  5. Roles – International Platforms Sub headline SABS has customers in many countries and has key stakeholders that span the region, continent and the world.

  6. FULL VALUE CHAIN OF SERVICES Testing Government Services Certification Standards Development Training Design Institute 25% - Gov. Grant 75% - Services income

  7. Roles – International Platforms Sub headline ISO Council IEC Council SADCSTAN Secretariat ISO TMB New CASCO Chair ARSO Council

  8. OPERATIONAL INDICATORS Q4 REPORT 2014/15 CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  9. AUDITOR GENERAL’S REPORT Q4 REPORT 2014/15 THE SABS HAS ACHIEVED A CLEAN AUDIT FOR THE 2014/15 PERFORMANCE YEAR FOR THE THIRD CONSECUTIVE YEAR CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  10. OPERATIONAL INDICATORS Q4 REPORT 2014/15 • Annual growth in revenue increased by 8% compared to only 6% in the previous year • Expenditure increased by 5% as compared to the increase of 10% in the previous year CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  11. OPERATIONAL INDICATORS Q4 REPORT 2014/15 Number of SMME beneficiaries of the Design Institute programme Published home- grown standards CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  12. PERFORMANCE VS PREDETERMINED OBJECTIVES Q4 REPORT 2014/15 CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  13. OPERATIONAL INDICATORS Q4 REPORT 2014/15 An overall achievement of 81% (13 out of 16) of performance indicators in the business plan CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  14. STRATEGIC OBJECTIVE: GROWTH Q4 REPORT 2014/15 CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  15. STRATEGIC OBJECTIVE: PRODUCTIVITY Q4 REPORT 2014/15 CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  16. STRATEGIC OBJECTIVE: CUSTOMER/ STAKEHOLDER Q4 REPORT 2014/15 CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  17. STRATEGIC OBJECTIVES: COMPETENT & EMPOWERED EMPLOYEES CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  18. FINANCIAL PERFORMANCE Q4 REPORT 2014/15 CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  19. FINANCIAL OVERVIEW Q4 REPORT 2014/15 • Revenue growth 8% for the full year • Total Expenses increased by 5% for the year • Employee benefits increased by 12% for the year as result of the three year NEHAWU agreement • Net profit of R32.2 million, 48% higher than prior year • Total assets increased by R44 million • Property, Plant and Equipment increased by R15 million CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  20. INCOME STATEMENT Q4 REPORT 2014/15 CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  21. STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2015 Q4 REPORT 2014/15 CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  22. CHALLENGES Q4 REPORT 2014/15 Baseline cut 25% 23% 24% 21% Revenue growth has been slow. With increases in expenses (especially employee benefits), the revenue gap widens Risk of Treasury MTEF reduction in future CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  23. Role of the National Standards Bodies Q4 REPORT 2014/15 Are we optimally used in the economy? CELEBRATING 70 YEARS OF QUALITY ASSURANCE

  24. THANK YOU 70 YEARS – GIVING YOU THE QUALITY EDGE

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