feedback on finance and corporate governance ibd africa 19 march 2012 africa section
TRANSCRIPT
![Page 1: Feedback on Finance and Corporate Governance IBD Africa 19 March 2012 AFRICA SECTION](https://reader035.vdocuments.net/reader035/viewer/2022072015/56649ec55503460f94bd0ce9/html5/thumbnails/1.jpg)
Feedback on Finance and Corporate Governance
IBD Africa
19 March 2012
AFRICA SECTION
![Page 2: Feedback on Finance and Corporate Governance IBD Africa 19 March 2012 AFRICA SECTION](https://reader035.vdocuments.net/reader035/viewer/2022072015/56649ec55503460f94bd0ce9/html5/thumbnails/2.jpg)
Corporate Governance
• Finalising Statements 2009
• Finalising outstanding VAT 2009
• Signing Authority IBD account
• Registering as Vendor for EABL in Africa
• 2010 and 2011 financial year
• Officer Change
• Name Change AFRICA SECTION
![Page 3: Feedback on Finance and Corporate Governance IBD Africa 19 March 2012 AFRICA SECTION](https://reader035.vdocuments.net/reader035/viewer/2022072015/56649ec55503460f94bd0ce9/html5/thumbnails/3.jpg)
2011R USD BPBalanceR equivalent
Opening Balance 253963127145
116502
Income 583732 166668
Expenses -761516 -64251 -79944
Income/-expense total -177783 102417 -79944
Account Balance 76180 229562 36558 2236595
Financial Statement 2011 (provisional)
![Page 4: Feedback on Finance and Corporate Governance IBD Africa 19 March 2012 AFRICA SECTION](https://reader035.vdocuments.net/reader035/viewer/2022072015/56649ec55503460f94bd0ce9/html5/thumbnails/4.jpg)
Admin
Auditors
Banking Fe
es
Committee
Conference
Foodbev S
eta Funding
Foodbev S
eta
Interest
Training
Training Sponso
r
Websit
e
-R 560,000
-R 460,000
-R 360,000
-R 260,000
-R 160,000
-R 60,000
R 40,000
R 140,000
R 240,000
R 340,000
Income and Expenditure 2010 and 2011
20102011
AFRICA SECTION
![Page 5: Feedback on Finance and Corporate Governance IBD Africa 19 March 2012 AFRICA SECTION](https://reader035.vdocuments.net/reader035/viewer/2022072015/56649ec55503460f94bd0ce9/html5/thumbnails/5.jpg)
Account Type 2011 2010
Admin -6159
Auditors -8293 -18370
Banking Fees -10969 -129
Committee -34018 -35967
Conference 220807 83544
Foodbev Seta Funding 310000 280000
Foodbev Seta -164500 -226000
Interest 2876 3902
Training -527884 -398437
Training Sponsor 50050 0
Website -9694 -4770
Summary of Expenditure/Income 2010 and 2011
![Page 6: Feedback on Finance and Corporate Governance IBD Africa 19 March 2012 AFRICA SECTION](https://reader035.vdocuments.net/reader035/viewer/2022072015/56649ec55503460f94bd0ce9/html5/thumbnails/6.jpg)
Current Acc CFC Acc London Acc
Account Balance 125 687.46 111 460.04 36 558.01
Outstanding Training Income 18 750.00 2010
Outstanding Training Income 40 050.00 2011
Outstanding Training Income 208 000.00 25 050.00 2012
Outstanding Expenses
Vat 2009 -169 000.00
Other -7 000.00
Total 157 687.46 170 260.04 61 608.01
Summary of YTD Accounts IBD Africa
![Page 7: Feedback on Finance and Corporate Governance IBD Africa 19 March 2012 AFRICA SECTION](https://reader035.vdocuments.net/reader035/viewer/2022072015/56649ec55503460f94bd0ce9/html5/thumbnails/7.jpg)
Any Questions?
AFRICA SECTION