Department of Defence Annual Report 2008-2009

| Department of Defence | Vote 19 |
DEPARTMENT OF DEFENCE - VOTE 19
Annexures to the Annual Financial Statements
for the year ended 31 March 2009
ANNEXURE 2B
STATEMENT OF INVESTMENTS IN AND AMOUNTS OWING BY/TO CONTROLLED/PUBLIC ENTITIES AS AT 31 March 2009 (Only Public and Private Entities)
Name of Public Entity Nature of business Cost of investment
R’000
Net Asset value of
Investment
R’000
Amounts owing to
Enitities
R’000
Amounts owing
by Entities
R’000
2008/09 2007/08 2008/09 2007/08 2008/09 2007/08 2008/09 2007/08
Controlled entities
South African National
Defence Force Fund
The SANDF Fund is established in terms of the Fund Raising
Act, Act 107 of 1968. The aim of the fund is to render aid to
SA National Defence Force and Auxiliary Services and their
dependants who suffer nancial hardship and distress as a result
of duties in terms of the Defence Act.
- - 10 638 9 575 - - - -
Castle Control Board
(under control of the
Minister of Defence)
To preserve and protect the military and cultural heritage of
the castle; optimise the tourism potential of the Castle; and
maximise the accessibility to the public of the whole or any
part, as the case may be, of the Castle which is not used by the
SANDF, or any part thereof.
- - 10 351 8 530 - - - -
Armaments Corporation
of South Africa (managed
and controlled by a Board
of Directors appointed by
the Minister of Defence)
To acquire defence products, mainly for the SANDF, and comanage,
with the SANDF, the development of technologies
for future weapon systems and products and also to manage
the disposal of excess, forfeited, redundant, or surplus defence
material for the SANDF and the subsidiary companies which
directly support technology and acquisition strategies.
75 000 75 000 552 557 514 631 7 603 - 7 312 5 031
TOTAL 75 000 75 000 573 546 532 736 7 603 - 7 312 5 031
| Financial Performance |
349 Annual Report FY 2008 - 2009