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Presentation of the 3rd Quarter Financial Performance of the Property Management Trading Entity PMTE to the Portfolio Co

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Presentation of the 3rd Quarter Financial Performance of the Property Management Trading Entity PMTE to the Portfolio Co

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    1. Presentation of the 3rd Quarter Financial Performance of the Property Management Trading Entity (PMTE) to the Portfolio Committee Presented by: Cathy Motsisi Chief Financial Officer

    2. Financial Performance of the PMTE

    4. Expenditure Analysis of the PMTE

    5. Accommodation Charges (State Owned)

    6. Accommodation Charges (State Owned)

    7. Accommodation Charges (State Owned)

    8. Accommodation Charges (Private)

    9. Accommodation Charges (Private)

    10. Accommodation Charges (Private)

    11. Accommodation Charges (Private)

    12. Municipal Services

    13. Municipal Services

    14. Municipal Services cont.

    15. PACE Recoveries

    16. PACE Recoveries cont. Recovery rate on PACE is good 58% of total amount outstanding is for 30 Days 27% of total amount outstanding is for 60 Days 12% of total amount outstanding is for more than 90 Days 3% of total amount outstanding is from the previous financial year

    17. Recoverable CA (current year)

    18. Recoverable CA Total amount of R 380m outstanding 24% of total amount outstanding is for 30 Days 19% of total amount outstanding is for 60 Days 31% of total amount outstanding is for more than 90 Days 25% of total amount outstanding is from the previous financial years Significant amounts: Defence R 273 million (Ongoing projects – Arms of Service) -30 days to 1 year DIRCO R 59 million (Pan African Parliament and other) 30 days to 1 year Government Printers R 48 million (The Client refuses to pay VAT inclusive invoices. PMTE not registered for VAT. Cannot submit a Tax Invoice) 1 to 2 years (CFO to intervene)

    19. Age Analysis

    20. DPW Capital Budget

    21. Client Capital Budget

    22. I Thank you

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