presentation of the isett seta annual report 2009 / 2010 to the portfolio committee on education
DESCRIPTION
Presentation of the Isett Seta Annual Report 2009 / 2010 to the Portfolio Committee on Education 10 November 2010. INTRODUCTION OF DELEGATES. Mr. Lesaiye Chiloane: Chairman Mr. Oupa Mopaki: CEO Mr. Jabu Sibeko: Senior Manager for Learning Programmes Mr. Menzi Fakude: CFO. Contents. - PowerPoint PPT PresentationTRANSCRIPT
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Presentation of the
Isett Seta Annual Report
2009 / 2010 to the
Portfolio Committee on Education
10 November 2010
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INTRODUCTION OF DELEGATES
• Mr. Lesaiye Chiloane: Chairman
• Mr. Oupa Mopaki: CEO
• Mr. Jabu Sibeko: Senior Manager for Learning Programmes
• Mr. Menzi Fakude: CFO
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Contents
• Overview
• Staff compliment
• NSDS targets vs actual
• No. of unemployed people who have entered learning programmes
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Contents
• No. of learners provincially• No. of learners assisted to gain work
experience• No. of interns provincially• Accredited training providers
provincially
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Contents
• Statement of financial performance
• Statement of financial position
• Emphasis of matter
• Auditor General’s report
• Questions and Answers
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Overview
NSDS 2009 - 2010• The Isett Seta has indeed continued to live up to
its mission statement by providing learning and employment opportunities to 1, 452 unemployed learners during the year under review.
• This is in addition to the 1, 368 unemployed learners who were skilled in the first three years of the National Skills Development Strategy.
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Isett Seta Staff Compliment as at 31 March 2010
LevelBlack White Coloured Indian
TotalM F M F M F M F
CEO 1 1
Senior Management 2 1 3
Middle Management 2 2
Regional Coordinator 1 1
Officers 2 1 3
Advisors 3 1 4
Administration Staff 8 10 18
Total16 (46%)
12 (39%)
3 (9%)
2 (6%)
32 (100%)
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NSDS Targets vs Actual
Indicator Target Actual1.1 1 x Sector Skills Plan 1 x Sector Skills Plan
1.2 1 x Critical Skills Guide 1 x Critical Skills Guide
200 Skills Development Facilitators (SDF) trained
3,501 SDFs trained
2.1 94 large firms 123 large firms
147 medium firms 194 medium firms
2.2 738 small firms 1,429 small firms
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Indicators 2.1 and 2.2 Trends
121153
405
112
178
446
126
202
496
123
194
545
0
100
200
300
400
500
600
Nu
mb
er
of
Co
mp
an
ies
2009-20102008-20092007-20082006-2007
Financial Year
150+
50-149
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Number of companies that submitted WSPs and were paid mandatory grants, categorised by number of employees, during 2006-2007, 2007-2008, 2008-2009 and 2009-10
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NSDS Targets vs Actual
Indicator Target Actual
2.5 7 BEE firms to participate in Skills Development (SD).
14 BEE firms participated in SD.
2.7 1,333 ABET learners to complete.
2,065 ABET learners completed.
2.8 1,479 employees to enter Learning Programmes (LPs).
1,935 employees entered LPs.
1,225 to complete LPs.
1,848 completed LPs.
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NSDS Targets vs Actual
Indicator Target Actual
3.2 6 Non Levy Paying Entities to participate in SD.
8 FET Colleges participated in SD.
4.1 264 learners to enter Learning Programmes (LP).
1,452 learners entered LP.
577 to complete LP.
1,368 completed LP.
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NSDS Target 4.1: No. of Unemployed People who have entered learning programmes
Target Achieve-ment
No. of unemployed people who have entered learning programmes
264 1,452
No. of black unemployed people 213 1,433
No. of female unemployed people 112 853
No. of unemployed people with disabilities
10 88
No. of young people (below 35 years) 215 1,357
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No. of Learners Provincially
Province No. of Learners
Gauteng 1,134
KwaZulu-Natal 30
Western Cape 99
Limpopo 50
North West 39
Mpumalanga 100
Total 1,452
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NSDS Targets vs Actual
Indicator Target Actual
4.2
157 learners to gain workplace experience
515 learners gained workplace experience
145 to be employed
250 were employed
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Indicator 4.2: No of Learners assisted to gain work experience
Target Achieve-ment
No. of learners assisted to gain workplace experience grants
157 515
No. of black learners 133 515
No. of female learners 72 255
No. of learners with disabilities 11 0
No. of young people (below 35 years) 157 515
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No. of Interns Provincially
Province No. of Learners
Gauteng 294
Limpopo 62
North West 27
Free State 4
KwaZulu-Natal 40
Western Cape 49
Mpumalanga 4
Eastern Cape 35
Total 515
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NSDS Targets vs Actual
Indicator Target Actual
4.3 54 learners to start new businesses
145 learners started new businesses
38 in business after 12 months
74 were in business after 12 months
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NSDS Targets vs Actual
Indicator Target Actual
5.1 1 Institute of Sectoral or Occupational Excellence (ISOE) to be recognised
2 ISOEs were recognised
5.2 4 institutes to be accredited to provide New Venture Creation Qualification
7 institutes were accredited
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Accredited Training Providers, 2009 / 2010
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Statement of Financial Performance
2009/10R'000
2008/9R'000
Skills Development Levy (Income, Interest & Penalties) 361,520 321,709
National Skills Fund income - 1,283
Donor Funding income recognised 10 16
Investment income 16,930 17,730
Other income 40 -
Employer grant and project expenses (281,875) (222,520)
Administration expenses (27,593) (28,946)
Finance costs (53) (124)
National Skills Fund expenses - (1283)
Donor Funding expenses (10) (16)
NET SURPLUS FOR THE YEAR 68,969 87,849
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Statement of Financial Position
2009/10R'000
2008/9R'000
Non-current assets 1,592 2,156
Current assets 263,348 195,157
Non-current liabilities (40) (447)
Current liabilities (34,586) (35,521)
NET ASSETS 230,314 161,345
Net Assets represented by:
Administration reserve 1,522 1,981
Employer grant reserve 255 558
Discretionary reserve 288,537 158,806
230,314 161,345
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Emphasis Of Matter(AG’s Report)
Significant Uncertainties• As disclosed in note 20.2 to the financial
statements, there were two pending litigation cases against the Isett Seta at 31 March 2010, of which the outcomes were unknown at the date of this report.
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Emphasis Of Matter(AG’s Report)
Restatement of corresponding figures
• As disclosed in note 24 to the financial statements, the corresponding figures for 31 March 2009 have been restated as a result of errors discovered during 2009-10 in the financial statements of the Isett Seta for the year ended 31 March 2010.
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Auditor General’s Report 2009/10
Unqualified Audit Opinion
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Q & A
Questions and Answers
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Thank you
www.isett.org.za
Tel: (011) 207 2600