GDF Annual Report - Gauteng Provincial Treasury

SECTION 3: REPORT ON THE PERFORMANCE OF PROGRAMMESPerformance against output targetsOutputs/ key deliverables Performance Indicators Annual Target Actual performance against targetReasons fordeviationsMinimise the use of credit facilityAmount of overdraft facility utilsed1.6 billion R1 billion.Overdraft maintained within the target.Maximise revenue collection Amount of credit interest received. 30 million 33.3 millionTimeous and accurate transfer offundsBank exceptions cleared accuratelyand timeouslySuccessful closure of the financialperiodsEmployee debts deducting onPERSAL% Transfer of funds transferred and time taken.% of exceptions cleared before month-endclosure.Rate of successful closures% Of employee debts deducting within 60 daysfrom date of take-on.99% of fundstransferred within1 Day100% ofexceptionscleared100% of closures100%Supplier debts Collected % Collection of Supplier debts> 90 days. 15% 27%Supplier debts Collected % Collection of Supplier debts< 90 days. 75% 25%Ex-Employee debts Collected % Collection of ex-employee debts >90 days. 5% 8%Ex-Employee debts Collected % Collection of ex-employee debts