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NATIONAL NUCLEAR REGULATOR

NATIONAL NUCLEAR REGULATOR. PRESENTATION TO PORTFOLIO COMMITTEE ON MINERALS AND ENERGY MAY 2001. FINANCIAL POSITION 2000/2001. INCOME : R 37 170 391,00. Authorisation / Licence Fees Koeberg NECSA / Vaalputs PBMR Mines / Small Users Income From State

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NATIONAL NUCLEAR REGULATOR

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  1. NATIONAL NUCLEAR REGULATOR PRESENTATION TO PORTFOLIO COMMITTEE ON MINERALS AND ENERGY MAY 2001

  2. FINANCIAL POSITION 2000/2001 INCOME : R 37 170 391,00 • Authorisation / Licence Fees • Koeberg • NECSA / Vaalputs • PBMR • Mines / Small Users • Income From State • 30 : 70 (1990) } • 17 : 83 (2000) }Requirements From State Increase (Special request to Minister cannot be accommodated in 2001/2002) • Interest

  3. FINANCIAL POSITION 2000/2001 EXPENDITURE : R 37 580 098,00EXPENDITURE OVER INCOME : R 409 707,00 • Transformation Initiatives / Capacity Building • Direct Costs } • Indirect Costs } Benefits Outweigh Costs • Building Alterations / Disability • Board of Directors • PBMR Course • HR Plan / Succession Planning • Co-Operative Governance

  4. FINANCIAL POSITION 2000/2001 BUDGET ESTIMATES • INCOME : 2000/2001 : R37 234 000,00 2001/2002 : R47 927 000,00 • EXPENDITURE : 2000/2001 : R37 234 000,00 2001/2002 : R47 927 000,00

  5. FINANCIAL POSITION 2000/2001 ABNORMALLY HIGH INCREASE IN BUDGET ESTIMATES • Human Resource Plan • 3 - 5 - 10 Year Plan • Loss of Experienced Staff • Succession Planning • Skills Transfer • Appointment of Extranumeral Staff} • Staff Development and Training } No Increase in State Funding • PBMR • Recruitment of Staff (In Line With Succession Plan) • Effect on Total Budget • Logistical Requirements • Accommodation ; IT Infrastructure ; Furniture and Equipment

  6. FINANCIAL MANAGEMENT COST CALCULATION (KPMG) • Authorisation / Licence Fees • Fixed Fee for Eskom (1990) • Fixed Fee for NECSA / Vaalputs • Fixed Fee for PBMR (Based on Number of Man Years - Increased by CPI Annually) • Hourly Rate Charged to Mines (Increased by CPI Annually) • Fixed Fees - Determined by Minister • New Act • Provide Minister With Information

  7. FINANCIAL MANAGEMENT • Income Estimates May Not Be Realised • Expenditure Managed Within Income Framework • Scale Down on Recruitment, Development, Capacity Building, etc. EXPENDITURE

  8. FINANCIAL CONTROLS • Internal Audit by KPMG • Report to CEO • Report to Audit Committee • Two Audits per Annum • External Audit • Audit of Financial Statements • Performance Audit • Director’s Report • Objectives • Measurement of Results / Financial / Performance

  9. TRANSFORMATION • Affirmative Action / Employment Equity • New Board / Better Understanding of Broader Transformation Issues (Benefits) • Business Plan • Language • Procurement • Development • Etc. PRE-2000

  10. TRANSFORMATION 2000/2000 + • Board appointed Transformation Committee • In-House Work Groups • External Consultant • Black Owned Group to Assist • Board / Executive - Strategic Planning Session (Bosberaad) • Mission, Strategy, Policy • Organisational Goals • Re-Structuring of Organisation • Transformation Policy To Be One Process (Use Bosberaad Directions from Directors)

  11. REPRESENTIVITY • White Male 40 (49%) • White Females 12 (15%) • Black Males 21 (26%) • Black Females 8 (10%) • Disabled 3 (4%) Included Above TOTAL Designated Group 43 (53%) • MANAGEMENT • White Males 7 (50%) • Black Males 6 (43%) • Black Female 1 (7%) • Disabled 2 (14%) Included Above TOTAL Designated Group 8 (57%)

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