Annual Report 2008/2009 - Umalusi
Annual Report 2008/2009 - Umalusi
Annual Report 2008/2009 - Umalusi
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<strong>Annual</strong> <strong>Report</strong><br />
<strong>2008</strong>/<strong>2009</strong><br />
Contents<br />
List of Acronyms 2<br />
Chairperson’s <strong>Report</strong> 5<br />
Letter from the outgoing Chief Executive Officer 7<br />
Address from the new Chief Executive Officer 11<br />
Corporate Governance <strong>Report</strong> 13<br />
<strong>Report</strong> on Operations 17<br />
<strong>Annual</strong> Financial Statements 36<br />
<strong>Report</strong> of the Audit and Risk Committee 37<br />
<strong>Report</strong> of the Independent Auditors 38<br />
<strong>Report</strong> of the Council 39<br />
Statement of Financial Position 42<br />
Statement of Financial Performance 42<br />
Statement of Changes in Net Assets 43<br />
Cash Flow Statement 43<br />
Notes to the <strong>Annual</strong> Financial Statements 44<br />
Detailed Statement of Financial Performance 56<br />
Human Resources Management and Development 57<br />
Staff <strong>2008</strong> to March <strong>2009</strong> 68