Chapter 2 - P rogramme 1 - Department of Defence

ANNEXURES TO THE ANNUAL FINANCIAL STATEMENTS
for the year ended 31 March 2008
ANNEXURE 2A
STATEMENT OF INVESTMENTS IN AND AMOUNTS OWING BY/TO NATIONAL/PROVINCIAL PUBLIC ENTITIES AS AT 31 MARCH 2008
(Only Public and Private Entities)
Losses
guaranteed
Number of shares held Cost of investment Net Asset value of Profit/(Loss) for
investment the year
R’000 R’000 R’000
Name of Public Entity State Entity’s
PFMA
Schedule type
(state year
end if not 31
| Department of Defence | Vote 20 |
2007/08 2006/07 2007/08 2006/07 2007/08 2006/07 2007/08 2006/07 Yes/No
% Held
06/07
% Held
07/08
March)
3A 100.0% 100.0% - - 7 886 6 023 1 863 1 510 No
National/Provincial
Public Entity
Castle Control Board (under
control of the Minister of
75 000 75 000 536 900 470 600 44 000 58 000 No
75 000 000
(Issued to
the President
of the
Republic
of South
Africa and
in custody
at the
Department
2 100.0% 100.0% 75 000 000
(Issued to
the President
of the
Republic
of South
Africa and
in custody
at the
Department
of Defence
Defence)
Armaments Corporation
of South Africa (managed
and controlled by a board
of Directors appointed by
the Minister of Defence).
Profit/(loss) for the year is
for the Armscor Group.
of Defence
3A (Not listed) 100.0% 100.0% - - 9 575 8 740 835 580 No
South African National
Defence Force Fund
Subtotal 75 000 75 000 554 361 485 363 46 698 60 090
325 Annual Report FY 2007 - 2008
Total 75 000 75 000 554 361 485 363 46 698 60 090
COMMENTS
| Financial Performance |