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4 th Quarter Performance Report and Close Out Report – 2012/13 -

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

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4 th Quarter Performance Report and Close Out Report – 2012/13 -

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

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

  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. 4TH QUARTER PERFORMANCE INFORMATION

  5. 4th QUARTER FINANCIAL INFORMATION

  6. CLOSE OUT REPORT 2011/12

  7. 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%

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

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