housing - National Housing Finance Corporation

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BOARD OF DIRECTORS Mr Tim Middleton (non-executive) Executive Director, Kagiso Urban Management (Pty) Limited Mr Sango Ntsaluba (non-executive) Chief Executive Officer, Amabubesi Investments (Pty) Limited and Non-executive Chairman, Sizwe Ntsaluba VSP Mr Andrew Canter (non-executive) Head of Fixed Interest and Investment Committee Chairman Futuregrowth Asset Management Ms Nocawe Makiwane (non-executive) Business Person, Avuka Investments (Pty) Limited Ms Nonhlanhla Mjoli-Mncube (non-executive) Economic Advisor to the <strong>National</strong> Deputy President Mr Sizwe Tati (non-executive) Managing Executive, ABSA Small Business, ABSA Limited Prof Michael Katz (non-executive) Chairman, Edward Nathan Mr Samson Moraba NHFC Chief Executive Officer/Director Mr Eric Molobi (non-executive Chairman) Executive Chairman, Kagiso Group (Sadly deceased 04/06/2006) 6 NHFC ANNUAL REPORT 2006
EXECUTIVE MANAGEMENT Ms Elsabe Marx Company Secretary Mr Luthando Vutula Marketing Ms Nomsa Ntshingila Human Resources Dr Morgan Pillay Projects Ms Salome Sengani Corporate Strategy Mr Lawrence Lehabe Shared Services Ms Adrienne Egbers Chief Financial Officer Mr Samson Moraba Chief Executive Officer NHFC ANNUAL REPORT 2006 7
Page 1 and 2: A N N U A L R E P O R T 2 0 0 6 u O
Page 4 and 5: A TRIBUTE TO OUR CHAIRMAN IN MEMORY
Page 6 and 7: KEY FINANCIAL FEATURES 2006 % 2005
Page 8 and 9: HIGHLIGHTS NHFC - TEN YEARS ON NHFC
Page 12 and 13: “EVERY TIME YOU ARE TEMPTED TO RE
Page 14 and 15: CHIEF EXECUTIVE’S REPORT CONTINUE
Page 16 and 17: CHIEF EXECUTIVE’S REPORT CONTINUE
Page 18 and 19: CORPORATE GOVERNANCE INTRODUCTION C
Page 20 and 21: CORPORATE GOVERNANCE CONTINUED Boar
Page 22 and 23: CORPORATE GOVERNANCE CONTINUED MCC
Page 24 and 25: CORPORATE GOVERNANCE CONTINUED inte
Page 26 and 27: ANNUAL FINANCIAL STATEMENTS FOR THE
Page 28 and 29: REPORT OF THE INDEPENDENT AUDITORS
Page 30 and 31: REPORT OF THE DIRECTORS The Directo
Page 32 and 33: BALANCE SHEETS AS AT 31 MARCH 2006
Page 34 and 35: STATEMENT OF CHANGES IN EQUITY FOR
Page 36 and 37: GROUP ACCOUNTING POLICIES 1. CORPOR
Page 38 and 39: GROUP ACCOUNTING POLICIES CONTINUED
Page 44 and 45: NOTES TO THE ANNUAL FINANCIAL STATE
Page 60 and 61:
NOTES TO THE ANNUAL FINANCIAL STATE
Page 62 and 63:
Page 64 and 65:
Page 66 and 67:
Page 68 and 69:
Page 70 and 71:
Page 72:
ADMINISTRATION REGISTRATION NUMBER
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