SFM Report_21.9.2021

WESSA SFM REPORT

22. Municipalities will only be invoiced from September 2021 due to a delay in the National Jury results.

TRAINING

Although the unit is making a surplus, it has not been able to reach budget. This is due to the target for new clients not being reached and a delay in Groen Sebenza 2 online training due to delays which were caused by the period where WESSA was non-compliant on the CSD, there are now further delays with the funder.

SUPPORT SERVICES

This unit isn’t an income generating unit and is therefore budgeted to make a loss. However, the unit has a positive variance on the deficit. Expenses are below budget due to the following expenses being less than budgeted, salaries, equipment lease, office expenses, and professional and consulting fees. Investment income of R529 228 was received in August from the BAT share dividends.

EDUCATION CENTRES

Education centres are highly affected by covid, the negative performance is due to cancelled and postponed bookings by Cowan House, Curro Grantleigh, Curro Newcastle, SAGTA Conference and Wilderness School to name a few. There has been maintenance work across all centres, to deal with backlog from 2020.

The graph below shows the difference between what was budgeted and what was achieved for each unit.