Page 70 - AR201718

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

ACCOUNTING AUTHORITY REPORT FOR THE YEAR ENDED STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR

31 MARCH 2018 ENDED 31 MARCH 2018

5. EVENTS SUBSEQUENT TO STATEMENT OF FINANCIAL POSITION DATE
The directors are not aware of any mat ers or circumstances arising since the end of the financial year, not
otherwise dealt with in the annual financial statements, which significantly affect the financial position of the 2018 2018 Budget 2017
entity or the results of its operations.
Notes R'000 R'000 R'000

6. ADDRESSES Revenue 28 627 32 820 27 492
The entity's business, registered and postal addresses are as follows: Non-exchange revenue 2.1 25 868 30 828 23 072
Interest received 143 151 139
Exchange revenue 2.2 2 616 1 841 4 281
Business and Registered Address: Postal Address:
4th Floor, Sports Science Institute of South Africa P O Box 2553 Expenses
Boundary Road Clareinch 26 369 32 820 28 154
Newlands 7740 Administration expenditure 10 049 10 232 10 229
7700 Education programme 2 328 6 461 1 559
Doping control 10 983 13 137 13 558
7. JURISDICTION AND DOMICILE Results management 1 897 1 516 1 726
The entity resides and is managed in the Republic of South Africa. International liaison 632 427 391
Corporate services 480 550 691
Capital Expenditure - 495 -
8. EXECUTIVE AUTHORITY
The executive authority for the entity is the Minister of Sport and Recreation.
NET SURPLUS/(DEFICIT) 13 2 257 - ( 663)

9. APPROVAL
The annual financial statements, set out on pages 70 to 97, have been approved by the Chairperson of the
board of directors and are signed by him. Detailed schedules of expenses are on pages 95 - 97.

JUDGE L MPATI K GALANT
CHAIRPERSON CHIEF EXECUTIVE OFFICER
31 JULY 2018 31 JULY 2018

69 | South African Institute for Drug-Free Sport South African Institute for Drug-Free Sport | 70