ANNUAL REPORT 2005/2006 - Railway Safety Regulator

TABLE OF CONTENTSPART I:Legislative Mandate ............................................................................. 02Board of Directors................................................................................ 02Structure of the RSR ............................................................................ 03Chairperson’s Report............................................................................. 04Chief Executive Officer’s Report ............................................................. 06Performance Report.............................................................................. 09Human Resource Tables ........................................................................ 17State of Railway Safety Report Summary................................................... 25PART II:ANNUAL FINANCIAL STATEMENTSCorporate Information…………………………………………………………………………………… 30Corporate Governance Statement………………………………………………………………… 31Statement of Responsibility……..…………………………………………………………………… 31Report of the Auditor-General………………………………………………………………….…… 32Audit Committee Report……………………………………………………………………………… 34Directors’ Report…………………………………………………………………………………………… 35Statement of Financial Position…………………………………………………………………… 36Statement of Financial Performance……………………………………………………………… 37Statement of Changes in Net Assets……………………………………………………………… 38Cash Flow Statement………………………………………………………………………………………… 39Notes on the Annual Financial Statements…………………………………………………… 40Annual Report -