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THE SOUTH AFRICAN THE SOUTH AFRICAN INSTITUTE FOR DRUG-FREE SPORT

INSTITUTE FOR ACCOUNTING AUTHORITY REPORT FOR THE YEAR ENDED

31 MARCH 2018

DRUG-FREE SPORT 1. INTRODUCTION
The directors present the audited annual financial statements that form part of the annual report of the
entity for the year ended 31 March 2018.

ANNUAL FINANCIAL STATEMENTS The South African Institute for Drug-Free Sport was established by an Act of Parliament ( Drug Free Sport
Act 14 of 1997 ) and is listed as a national public entity in schedule 3A of the Public Finance Management Act
31 MARCH 2018 no. 1 of 1999, as amended (PFMA).
The board of directors is the accounting authority in terms of the Public Finance and Management Act no.1 of
1999.

CONTENTS Page 2. DIRECTORS OF THE ENTITY

Non-Executive Directors:
Judge L Mpati
ACCOUNTING AUTHORITY REPORT 68 - 69 Dr. JH Adams
Dr. MTD Qobose
STATEMENT OF FINANCIAL PERFORMANCE 70 Mr. G Abrahams
Dr. L Skaal
STATEMENT OF FINANCIAL POSITION 71 Mr. DN Bayever
Dr. P Zondi
STATEMENT OF CHANGES IN NET ASSETS 72 Dr. SI Manjra
Dr. MC Peenze
STATEMENT OF CASH FLOWS 73 Mr. M Quinn

STATEMENT OF COMPARISON OF BUDGET AND ACTUAL AMOUNTS 74 Chief Executive Officer:
Mr. K Galant
NOTES TO THE FINANCIAL STATEMENTS 75 - 94
Mr. K Galant was the Chief Executive Officer and Board Secretary for the period under review. His business
DETAILED STATEMENT OF FINANCIAL PERFORMANCE 95 - 97 and postal addresses are as follows:

4th Floor, Sports Science Institute of South Africa P O Box 2553
Boundary Road Clareinch
Newlands 7740
7700

3. PRINCIPAL ACTIVITIES
The principal activities of the entity during the year comprise the development and implementation of
anti-doping policy and procedures. This includes implementing a drug-testing programme across all the South
African sporting codes, providing education and information programmes for all its target markets and
collaborating internationally on the development and harmonisation of anti-doping standards and
procedures.
4. GOING CONCERN
The directors, having made appropriate enquiries, have a reasonable expectation that the entity has
adequate resources to continue in operational existence for the foreseeable future. Therefore they continue
to adopt the going concern basis of accounting in preparing the annual financial statements.
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