ECONOMIC SERVICES & INFRASTRUCTURE DEVELOPMENT
BOOKMARKS
The vision of the NRCS is to be a credible and respected regulator for the protection of the public, the economy and the environment. Its mission is to develop compulsory specifications and technical regulations, and maximise compliance of regulated products and services. The NRCS’s strategic objectives are to: develop, maintain and administer compulsory specifications and technical regulations; maximise compliance with compulsory specifications or technical regulations; ensure recognition and awareness of the NRCS; and be a sound, effective and efficient organisational governance. The broad mandate of the NRCS is to promote public health, safety and environmental protection through the development and enforcement of compulsory specifications and legal metrology technical regulations. While consumer protection lies at the heart of the activities of the NRCS, this function cannot be separated from South Africa’s role as a global trading partner. South African goods and services need to be competitive in terms of cost and quality and, at the same time, be guaranteed to be safe and fit for their purpose. The NRCS’s regulated products and industries include: automotive products; built environment; chemical products, mechanical devices and materials; electrical products and appliances; frozen fish, canned fisheries, canned meat and live abalone; and measurable products, services and measuring Instruments.
OFFICE BEARERS Chief Executive Officer: Mr Edward Mamadise Chief Financial Officer: Ms Rebecca Ramcharran Chief Operations Officer: Ms Abigail Thulare Senior Management: Canny Skosana (Senior Manager: Human Capital
FINANCIAL INFORMATION*
2019/20
2018/19
2017/18
AUDIT OUTCOME
Qualified
Qualified
Qualified
FINANCIAL POSITION Current Assets Non-Current Assets Total Assets Current Liabilities Non-Current Liabilities Total Liabilities Total Net Assets
R’000
R’000
R’000
406 522
334 102
409 247
33 716
33 874
23 680
440 238
367 976
432 927
85 581
46 902
44 904
6 974
8 054
36 118
6 974
54 956
81 022
347 683
313 020
351 905
436 273
479 572
480 688
56 256
50 456
85 437
436 273
429 115
395 251
FINANCIAL PERFORMANCE Total Revenue Exchange Transactions Non-Exchange Transactions Total Expenditure
(435 166)
(413 122)
(346 406)
Employee Costs
(334 583)
(303 114)
(280 262)
57 362
66 449
134 283
Operating Activities
97 825
105 400
61 733
Investing Activities
(8 048)
(16 154)
(3 118)
Cash & Equivalents – Year End
297 345
230 476
286 642
3 238
15 376
719
2019/20
2018/19
2017/18
341
330
315
306
297
297
2019/20
2018/19
2017/18
Financially Unqualified
Qualified
Disclaimer
Surplus/(Deficit) for Year
CASH FLOW
UIFW EXPENDITURE** HUMAN RESOURCES Posts Approved Posts Filled
Management)
Communications Officers: Ms Mirriam Moswaane (Head: Communications and Marketing)
SOUTH AFRICAN BUREAU OF STANDARDS (SABS) CONTACT DETAILS PHYSICAL: 1 Dr Lategan Road, Groenkloof, Pretoria POSTAL: Private Bag X191, Pretoria, 0001 TEL: 012 428 7911 FAX: 0800 00 77 88 WEB: www.sabs.co.za EMAIL: info@sabs.co.za
OVERVIEW The mission of the South African Bureau of Standards (SABS) is to provide standards and conformity assessment services to contribute towards the efficient functioning of the economy. The SABS is mandated to: develop, promote and maintain South African National Standards (SANS); promote quality in connection with commodities, products and services; and render conformity assessment services and assist in matters connected therewith.
OFFICE BEARERS The board has been dissolved and the entity is under administration. Administrator: Tshenge Demana (Co-Administrator and Chief Director of Technical Infrastructure Institutions: the dti), Ms Jodi Scholtz (Lead-Administrator and Group COO: the dti) Chief Financial Officer: Ms Tina Maharaj Senior Management: Dr Sadhvir Bissoon (Executive: Standards), Ms Amanda Gcabashe (Executive), Mr Lizo Makele (Executive: Human Capital), Mr Lungelo Ntobongwana (Acting Executive: Laboratory Services), Mr Katima Temba (Acting Executive: Certification Services) Communications Officers: Mr Bjorn Buyst (Head: Marketing, Communications and Public Relations)
FINANCIAL INFORMATION* AUDIT OUTCOME FINANCIAL POSITION Current Assets Non-Current Assets Total Assets Current Liabilities
R’000
R’000
R’000
686 253
461 750
279 258
823 476
1 028 098
1 181 567
1 509 729
1 489 848
1 460 825 251 893
214 533
285 656
463 946
317 042
341 109
Total Liabilities
678 479
602 792
593 096
Total Net Assets
831 249
887 056
867 729
822 005
846 253
851 048
576 446
613 776
607 895
Non-Current Liabilities
FINANCIAL PERFORMANCE Total Revenue Exchange Transactions
245 559
232 477
243 153
Total Expenditure
Non-Exchange Transactions
(883 580)
(847 464)
(921 755)
Employee Costs
(552 474)
(516 369)
(551 554)
(61 575)
(1 211)
(70 707)
Operating Activities
26 836
(36 658)
32 146
Investing Activities
251 879
169 824
1 906
Cash & Equivalents – Year End
531 888
259 161
125 995
17 777
11 865
119
2019/20
2018/19
2017/18
856
887
922
Surplus/(Deficit) for Year
CASH FLOW
UIFW EXPENDITURE** HUMAN RESOURCES Posts Filled
Refer to p9 for more information on sources, methodology and definitions. *Refer to nationalgovernment.co.za for a copy of the full Annual Report. **Total of Unauthorised, Irregular, Fruitless & Wasteful Expenditure.
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