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CSIR ANNUAL REPORT 2010/11 Governance Structure The CSIR Board The responsibilities of the Board are governed by the Scientifi c Research Council Act and the PFMA. The Board approves the strategy, goals, operating policies and priorities for the organisation and monitors compliance with policies and achievement against objectives. With the exception of the President and CEO of the CSIR, all members of the CSIR Board are non-executive. CSIR Board members are actively involved in and bring independent judgement to bear on Board deliberations and decisions. All non-executive Board members have been assessed as independent during the year under review. The CSIR Board, of which the current number of members adheres to the statutory minimum requirements, meets quarterly. For the year under review, the Board met on 29 June 2010, 16 September 2010, 16 November 2010 and 17 February 2011 .The Annual Financial Statements for the 2010/11 fi nancial year were approved on 30 June 2011. The CSIR Board has the following subcommittees: the Human Resources and Remuneration Committee; the Audit and Risk Committee; and the Strategic Review Committee (see pages 102 to 104). These committees are selected according to the skills sets required for the committees to fulfi l their functions. For the 2010/11 year, the committees complied with their respective Terms of Reference. The CSIR Board has adopted formal Terms of Reference refl ected in the Board charter, which are annexed in the Shareholder’s Compact. For the year under review, the Board has assessed its performance and that of its committees. There are no issues of concern in this regard. Schedule of attendance of the CSIR Board and CSIR Board Committee meetings (1 April 2010 - 31 March 2011) Board member Board meetings (4) Audit and Risk Committee (2) Human Resources and Remuneration Committee (3) Strategic Review Committee (2) Petersen 4 2 Behrens 4 1* 1 Benadè 3 1** 1• Hall 2 Knott-Craig 4 3 2• Sibanda 4 2 3 1• Silinga 3 2 Thoka 3 3 Wingfi eld 4 2 Sibisi 4 2 a 2 * Replaced by Benadè a Attends in capacaty as President and CEO ** Appointed to the CSIR Board with effect 1 September 2010; • Attendance as per invitation Replaces Behrens on the Audit and Risk Committee 98
CSIR Board Members (1 April 2010 - 31 March 2011) The Board and all its committees were appointed on 1 January 2009. The following changes occurred during the year under review: • Phillip Benadè appointed to the Board and as Chairperson of the Audit and Risk Committee with effect from 1 September 2010. • Prof Denis Hall resigned from the Board with effect from 21 March 2011. Professor Francis Petersen (Chair), Dean: Faculty of Engineering and the Built Environment, University of Cape Town Mr Pepi Silinga, Chief Executive Offi cer, COEGA Development Corporation Mr Norbert Behrens, Group General Manager: Strategy and Planning, Sasol Limited Professor Mike Wingfi eld, Director: Forestry and Agricultural Biotechnology Institute, University of Pretoria Mr McLean Sibanda, Head of Innovation Fund IP Management Offi ce Ms Khomotso Thoka, Managing Executive, The Talent Hub Mr Alan Knott-Craig, Director of Companies Mr Phillip Benadè, retired Dr Sibusiso Sibisi, CSIR President and CEO 99 CORPORATE GOVERNANCE
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ANNUAL REPORT 2010/11
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5AUDIT REPORT 106 Report of the Aud
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contribution to the pursuit of scie
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engagement with all its stakeholder
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focuses on establishing new develop
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Nanotechnology, specifi cally nanos
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Infrastructure and associated opera
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uilt environment Getting to grips I
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uilt environment The Port of Doha,
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uilt environment Locally, the South
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The changing security environment p
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defence & security placed close tog
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defence & security recalled per tar
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defence & security communication an
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The demand for energy in South Afri
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energy required by the heliostat to
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For many South Africans, limited ac
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health group has hosted and trained
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health these devices now enables re
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The importance of manufacturing in
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industry advanced manufacturing can
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industry advanced manufacturing CSI
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industry advanced manufacturing tra
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industry advanced manufacturing tec
Page 49 and 50: industry advanced manufacturing One
Page 51 and 52: With its 495 000 workers and R162 b
Page 53 and 54: industry mining elimination of sili
Page 55 and 56: The natural environment is both an
Page 57 and 58: natural environment • South Afric
Page 59 and 60: natural environment is strongly rec
Page 61 and 62: natural environment Oceanography; B
Page 63 and 64: The CSIR’s work in information an
Page 65 and 66: ict The research has been documente
Page 67 and 68: ict The VOs are encouraged through
Page 69 and 70: ict allow engineers to make adjustm
Page 71 and 72: ict development and implementation
Page 73 and 74: Currently, marine research vessels
Page 75 and 76: ict their long-term athlete develop
Page 77 and 78: Publication equivalents allocated t
Page 79 and 80: Archibald S, Scholes RJ, Roy DP, Ro
Page 81 and 82: De Lange WJ, Wise RM, Forsyth GG, N
Page 83 and 84: Kumar R, Yakubu MK, Anandjiwala RD.
Page 85 and 86: 405(12), p.2659-2663. Mishra SB, Mi
Page 87 and 88: Phasha MJ, Ngoepe PE, Chauke HR, Pe
Page 89 and 90: Van den Bergh F, Engelbrecht AP. 20
Page 91 and 92: J John MJ, Thomas S. 2010. Cellulos
Page 93 and 94: Wright C. 2010. Children’s sight
Page 95 and 96: CORPORATE GOVERNANCE 93
Page 97 and 98: are fairly presented in conformity
Page 99: CSIR. All subsidiary companies are
Page 103 and 104: CSIR leadership team The CSIR manag
Page 105 and 106: Meetings 7 October 2010 24 March 20
Page 107 and 108: Report of the Audit and Risk Commit
Page 109 and 110: the fi nancial position of the Coun
Page 111 and 112: Role in the National System of Inno
Page 113 and 114: to accessing each other’s researc
Page 115 and 116: Table 2: Building and transforming
Page 117 and 118: The CSIR achieved outstanding perfo
Page 119 and 120: Significant progress was made in 20
Page 121 and 122: B Five-year review of income and ex
Page 123 and 124: 121 EXECUTIVE REPORT
Page 125 and 126: ANNUAL FINANCIAL STATEMENTS 123
Page 127 and 128: Statements of financial position as
Page 129 and 130: Statements of cash flows for the ye
Page 131 and 132: 1 PRINCIPAL ACCOUNTING POLICIES (co
Page 133 and 134: 1PRINCIPAL ACCOUNTING POLICIES (con
Page 141 and 142: 3OPERATING PROFIT GROUP The net ope
Page 143 and 144: 6PROPERTY, PLANT AND EQUIPMENT 2011
Page 145 and 146: 6PROPERTY, PLANT AND EQUIPMENT (con
Page 147 and 148: 8INTEREST IN JOINT VENTURES AND ASS
Page 149 and 150: 13 DEFERRED TAx ASSET GROUP Balance
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18 RETIREMENT BENEFITS OF EMPLOYEES
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19 REMUNERATION OF BOARD MEMBERS, D
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20 CONTINGENT LIABILITIES AND FACIL
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22 FINANCIAL INSTRUMENTS (continued
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23 RECONCILIATION OF OPERATING PROF
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25 RELATED PARTY TRANSACTIONS (cont
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26 SUBSEQUENT EVENTS 26.1 Satellite
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Interests of the CSIR Net indebtnes
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169 2010 FIFA SOCCER WORLD CUP
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ACCESS Applied Centre for Climate a
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Printed on Hi-Q Titan Plus environm
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