1. OPERATIONAL AND FINANCIAL HIGHLIGHTS 2001/2002
By: DE VILLERS BOTHA
Executive Manager: Operations
25 September 2002

2. Operational Results Approvals By Type of Client
Billion
3.0
2.1
2.0
2.2
3.2

3. Operational Results Disbursements
2.2
2.5
1.7
1.6
1.8
Billion

4. Loan Approvals By Type Of Client

5. Loan Approvals By Region

6. Loan Approvals By Sector

7. Cumulative Approvals as at 31 March 2002 per Province

8. EXAMPLES OF DEVELOPMENT ASSISTANCE (FINANCED) PROJECTS
Project Title
Despatch Infrastructure Phase 2
Nelson Mandela Metro Infra. Phase 3
Mantsopa Water and Electricity
Mogale City Electricity Supply
Merafong City Infrastructure
Utrecht Sanitation
Kuruman Infrastructure Refinancing
Sector/s
Roads, Electrical Substation
Water, Sewage, Roads and Electricity
Water and electricity infrastructure upgrading
Electricity, waste water, solid waste disposal, water supply
Reservoir
Sewage Conservancy
Electrical network, taxi terminus, roads and sewage

9. EXAMPLES OF TECHNICAL ASSISTANCE (GRANT FUNDED) PROJECTS
Project Title
Dundee Local Municipality
Kai Garieb Local Municipality
Greater Tzaneen Local Municipality
North West Province
Tswaing Local Municipality
Sector/s
Computer system upgrade
Economic development plan
Integrated development plan
Community based tourism strategy
Integrated Financial Systems

10. Financial Results For The Year Ended 31 March 2002
SALIENT POINTS
% CHANGE
Surplus Generated by
Operations R 724 million ,0%
Operating Expenses R 248 million ,8%
Forex revaluation loss R 52 million >100%
Grant to Development Fund R 80 million
Total Assets R 18,0 billion ,4%

11. Financial Performance
OPERATING COSTS TO INCOME RATIO
34.4%
19.6%
22.7%
24.0%
27.7%
Percentage

12. Balance Sheet Assets Composition Of Total Assets
2002
2001
TOTAL ASSETS R18.0 billion
R17.8 billion

13. Assets Loan Book Performance
1998
1999
2000
2001
2002
Gross development loans
7571.8
9808.7
12800
Loan loss provision %
6.48%
6.20%
7.30%
7.50%
Non-performing loans %
2.00%
7.00%
6.40%
6.90%
7.10%

14. LONG TERM DEBT TO EQUITY
Quality Of Capital
LONG TERM DEBT TO EQUITY
89%
92%
105%
90%
87%
Percentage

15.
Thank you!
Building foundations for development…….