1. PORTFOLIO COMMITTEE ON TRANSPORT
ANNUAL REPORT 2017
6 November 2017

2. Manufacturing Capital (p25)

3. SANRAL PAVEMENT CONDITION - 2017
Type
Year
V-Good
Good
Fair
Poor
V-Poor
Length (km)
2017
3,609
10,730
7,001
843 13 %
16.3%
48.3%
31.5%
3.8%
0.1%

4. Funding Capital (p39)

5. Intellectual Capital (p45)

6. Social and Relationship Capital (p49)

7. Share of Contracts and Work by SMMEs -R4.6bn (p50)
All Projects
Community Development Projects

8. SMME Performance

9. Distribution of Job Opportunities - 19047 FTEs (p50)

10. Gender Ratio of Workers Receiving Training - 4257 Persons (p50)

11. Science, Technology, Engineering and Mathematics (STEM PP) at NMMU (p65)

12. Promotional Social and Relationship Capital (p67)

13. Tone of Media Reports on SANRAL (P72)

14. Natural Capital (p75)

15. Human Capital (p81)

16. Workforce Profile (p82)

17. Scholarship Programme – 194 Learners (p86)
Recipients by Racial Group
Recipients by Gender

18. SUMMARY: CORPORATE PERFORMANCE 2016/17 (p110)
Strategic Objective
Total Targets
Targets Achieved
Reason for Non-achievement of Target
Manage national roads 10
Provide safe roads 3
Government’s targeted programmes 9 6
Jobs created (-9.3%)Fewer toll projects awarded than estimated
Number of scholarships (-3%) Applicants did not achieve set criteria
EE Plan(-1.8%) Slightly delayed employee intake
Co-operative working relationships 5 4
TRH Guidelines: awaiting completion as per SANS standards
Governance 1

19. SUMMARY: CORPORATE PERFORMANCE 2016/17 cont’d
Strategic Objective
Total Targets
Targets Achieved
Reason for Non-achievement of target
Achieve Financial Sustainability 2
Pursue Research, Innovation & Best Practice 3
Training on SA Roads Design Software: awaiting IT hardware upgrade
Safeguard SANRAL’s Reputation
Pursue and maintain environmental sustainability 1
Total 37 32
= 86%

20. Annual Financial Statements 2016/17
Volume 2 Section 4

21. Statement of Financial Position
R’billion
2016/17
2015/16
Assets
Non-current Assets
Current Assets
12.254
17.177
Non-current assets held for sale
0.074
0.020
Total Assets
R’billion
2016/17
2015/16
Equity
Liabilities
Non-current liabilities
97.305
87.282
Current Liabilities
11.710
15.191
Total Equity and Liabilities

22. Statement of Profit and Loss
R’billion
2016/17
2015/16
Revenue
13.955
11.474
Other income
1.134
0.860
Operating expenses
(17.362)
(10.954)
Operating (loss)/Profit
(2.273)
1.381
Investment income
1.362
0.962
Fair value adj for investment property
0.518
0.099
Finance Cost
(4.569)
(3.645)
Loss for the year
(4.962)
(1.203)
Revaluations
22.310
0.904)
Total comprehensive income/(loss) for the year
17.348
(0.299)

23. Statement of Cash flows
R’billion
2016/17
2015/16
Cash generated from operations
1.799
2.588
Interest income
0.902
0.734
Finance cost paid
(4.637)
(4.097)
Net cash from operating Activities
(1.935)
(0.775)
Net cash from investing activities
(7.399)
(7.605)
Net cash from financing activities
6.414
8.391
Total Cash and Cash Equivalents
6.570
9.490

24. Audit Report 2016/17 Unqualified Opinion Key Audit Matter Outcome
Impairment and collectability of trade receivables (toll)
AGSA was satisfied that it was fairly valued and adequately provided for where doubt existed. Provisions were appropriate
Disclosures were appropriate
Revaluation of road network and road structures
AGSA was satisfied that revaluation was appropriate and reasonable and fairly valued
Going Concern Assessment
AGSA that assumption was appropriate and the disclosure of the material uncertainty was in accordance with IFRS

25. Emphasis of Matter Description Reference
Restatement of corresponding figures
- Classification of borrowings (current vs non-current)
- Bank charges capitalised
- Classification of third party funding
- Loss on sale of land understated
Note 42
Material Impairments – trade and other receivables
- significant management estimate and judgement based on criteria disclosed
Note 9
Irregular and Fruitless and wasteful expenditure
- Reduced from R1.156 billion to R0.425 billion
Note 40

26. Thank You