Ombud Council AR 2026
PART F: FINANCIAL INFORMATION
12. Employee costs Basic
10 544 257 9 044 186
Performance bonus
94 684
483 314
Other salary related costs
1 182 056 1 190 537 11 820 997 10 718 037
The Performance bonus amount in the current year is low as it is the movement in the provision for performance bonus from 2024/25 to 2025/26 due to an overprovision in the prior year. 13. Auditors’ remuneration Internal audit fees 439 999 610 689 External audit fees 492 742 549 025 932 741 1 159 714
14. Related parties Relationships Financial Sector Conduct Authority Members of the Board and Committees
Collects Levies on behalf of the Ombud Council
Appointed members Executive management
Members of key management
Related party balances Amounts included in Trade receivable (Trade Payable) regarding related parties Financial Sector Conduct Authority
4 721 895 (1 406 264)
Related party transactions Interest received from related parties Financial Sector Conduct Authority Levies received from related parties Financial Sector Conduct Authority
51 675
47 129
27 333 898 26 528 367
Ombud Council 2025/26 Annual Report
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