KEY RESULT Performance Baseline Annual Allocated Responsible AREA Indicator/ Information Targets Budget Business Measure For 2016/17 Quarterly Milestones R’000 Unit 1st 2nd 3rd 4th 1.2 Effective and A 1% budget Budget 1.2.1 A 1% 1% budget 1% budget 1% budget 1% budget Opex Finance efficient variance as variance as budget variance as per variance as variance as variance as per capex financial per Materiality per variance as Materiality per per Materiality management. Framework. materiality per Framework. Materiality Materiality Framework. framework. Materiality Framework. Framework. Framework. Creditors paid Pay creditors 1.2.2 Maintain 30 Maintain 30 Maintain 30 Maintain 30 days Finance within 30 days within 30 Creditors days creditors days days creditors of invoicing. days of paid within a payment creditors creditors payment period. invoicing. 30-day period. payment payment period after period. period. invoicing. GRAP 100% 1.2.3 Service 100% compliant 100% 100% 100% compliant 4 000 Finance compliance/ compliant maintenance to GRAP/fixed compliant to compliant to to GRAP/fixed fixed asset fixed asset and asset asset register. GRAP/fixed GRAP/fixed asset register. register. register. register asset asset document. register. register. Maintain 0.43. 1.2.4 Maintain Maintain Maintain Maintain liquidity Finance liquidity ratio Maintain liquidity ratio of liquidity liquidity ratio of at least of at least liquidity at least 1:2=0.5. ratio of at ratio of at 1:2=0.5. 1:2=0.5. ratio of at least least least 1:2=0.5. 1:2=0.5. 1:2=0.5. PROGRAMME 1: ADMINISTRATION
KEY RESULT AREA Performance Indicator/ Measure Baseline Information Annual Targets For 2016/17 Quarterly Milestones Allocated Budget R’000 Responsible Business Unit 1st 2nd 3rd 4th 1.2 Effective and efficient financial management. A 1% budget variance as per Materiality Framework. Budget variance as per materiality framework. 1.2.1 A 1% budget variance as per Materiality Framework. 1% budget variance as per Materiality Framework. 1% budget variance as per Materiality Framework. 1% budget variance as per Materiality Framework. 1% budget variance as per Materiality Framework. Opex capex Finance Creditors paid within 30 days of invoicing. Pay creditors within 30 days of invoicing. 1.2.2 Creditors paid within a 30-day period after invoicing. Maintain 30 days creditors payment period. Maintain 30 days creditors payment period. Maintain 30 days creditors payment period. Maintain 30 days creditors payment period. Finance GRAP compliance/ fixed asset register. 100% compliant fixed asset register. 1.2.3 Service maintenance and asset register document. 100% compliant to GRAP/fixed asset register. 100% compliant to GRAP/fixed asset register. 100% compliant to GRAP/fixed asset register. 100% compliant to GRAP/fixed asset register. 4 000 Finance Maintain liquidity ratio of at least 1:2=0.5. 0.43. 1.2.4 Maintain liquidity ratio of at least 1:2=0.5. Maintain liquidity ratio of at least 1:2=0.5. Maintain liquidity ratio of at least 1:2=0.5. Maintain liquidity ratio of at least 1:2=0.5. Maintain liquidity ratio of at least 1:2=0.5. Finance PROGRAMME 1: ADMINISTRATION
Final_BSA_2016_2017_Business_Plan_v4-08March2016.docx