Our integrated report should be read in conjunction with our full set of group annual financial statements for a comprehensive overview of our financial performance. The purpose of this amendment to the annual report on form 18k the annual report of the republic of south africa for the fiscal year ended march 31, 2018, is to file. Eskom holdings soc limited integrated report 2014 keeping. Eskom holdings soc limited integrated report 2014 reducing eskoms carbon footprint, online report developed by overend outsource.
Annual per capita general government spending, including. Eskom is a major driver of the south african economy estimated tha t approximately 3% of the countrys gdp can be attributed to eskom eskom enables all south africans to take part in the development of the country bbbee attributable spend amounted to 52. Eskom holdings limited eskom provides energy and related services, including the generation, transmission, distribution and supply of electricity. Eskom currently generates approximately 95% of the electricity used in south africa. Drop in sales is mainly due to lower sales of project sectors, partly.
The interest rate loan from eskom finance company soc limited at 31 march 20 was 6. The reliable provision of electricity by eskom is thus critical for industrial development, related employment and sustainable development in south africa. By clicking agree, closing this message or continuing to use this site, we consider that you agree to our use of cookies in accordance with our cookie notice. While implementing this strategy is critical to ensure the longterm sustainability of the generating assets, it has inevitably created more pressure. Eskom holdings soc limited announcement of eskom annual. The fund continued to steer ahead steadily amid challenging economic and volatile investment market conditions that the last year presented. Annual performance report 20142015 8312015 this annual performance report is drafted in terms of section 46 of the municipal systems act, 32 of 2000. Eskom holdings soc limited integrated report 2014 pdf downloads, online report developed by overend outsource. Jul 19, 2017 ahead of eskoms financial statements for the 2017 financial year being released, we look back at the power utilitys financial performance over the past 15 years.
The companys annual report, released on wednesday afternoon, showed revenue has jumped from r115billion for the financial year ended march 31 2012, to r129billion in 20. Jul 20, 2017 sens announcement for eskom holdings soc limited annual financial results 2017 sens. Sens announcement for eskom holdings soc limited annual financial results 2017 sens. Based on the condition assessments and documentationrecords received from eskom transmission for each substation, the summary of findings detailed findings are available in the individual reports prepared for each substation for all the.
Eskom holdings soc limited integrated report 2014 pdf. South african power utility eskom has reported a group profit of r888 million for the 201617 financial year, down from a r5. The loans are repayable over a maximum period of 30 years 1. Parliamentary committee studies pwc report on eskom and tegeta.
This is according to a redacted version of the dentons report, commissioned by eskom in 2015 to probe issues like the. Mar 31, 2015 eskom 201415 annual report awaited the eskom briefing was led by dr ben ngubane, chairman of the board, and by mr brian molefe, eskoms chief executive officer. Eskom said this was a prepayment but former public protector thuli madonsela said in her state of capture report that this prepayment was irregular. The annual performance report 20142015 is based on reported information only, and is unaudited. The depreciation charges for each period are recognised in the statement of financial performance, unless they are included in the carrying amount of another asset. Eskom annual financial report 2017 eskom is dominant in the power sector. The reliable provision of electricity by eskom is thus critical for industrial development, related employment and sustainable development in. Annual report 20 executive summary issn 18310494 european data protection supervisor. The eskom and group annual financial statements for the year ended 31 march 2017 have been prepared under the supervision of the chief. The normandie hydro tidal turbine pilot farm project. Material events up to the date of approval have been included. The board emphasised its commitment to reenergising eskom and to creating growth.
The eskom board has finally succumbed to pressure, allowing the contents of a 2015 sanitised report into the state of the power utility to be published. The decline in eskoms profitability since 200607 has occurred despite the significant and sustained increase in revenue. The coal was not great quality, but since 2004 the mine had delivered 1. Our overall strategic direction is aligned with the strategic intent statement determined by the shareholder. Our group annual financial statements are available online at. The overall balance of payments has remained in surplus of rs. Transnet s integrated report 2015, annual financial statements 2015 and sustainability report 2015 are available in pdf on. Ahead of eskoms financial statements for the 2017 financial year being released, we look back at the power utilitys financial performance over the past 15 years.
Of the re technologies proposed in the wwf scenario, csp is the highest water user, but with. This is to date the largest world bank loan in africa. Nersa will consider eskoms rca applications 201415, 201516 and 201617 following due regulatory process. According to dentons report the contract was due to run until the end of 2023. It generates more than 90 per cent of south africas electricity, controls the entire national high voltage transmission grid, and distributes around half of electricity directly to consumers, with the remainder going to municipalities.
The application is forwardlooking and is not inclusive of the regulatory clearing accounts rcas. Eskom holdings soc limited integrated report 2014 reducing eskom s carbon footprint, online report developed by overend outsource. Chairmans report 2015 chairmans report it is a great privilege for me to once again present to you, the eskom pension and provident funds annual report for the financial year ended 30 june 2015. Agree we use cookies to improve our site and to analyze traffic. The office informed the committee about the contents of the report which eskom outsourced to pwc.
Eskom audited annual results presentation for the year. National treasury is currently in the process of compiling a report of its own into the matter. Johannesburg limited skills, poor upfront planning, inadequate quality control and labour strikes were key reasons for delays at eskoms new build projects medupi and kusile. Throughout the reports, readers are referred to places. Sanral ir 2017 volume 2 pdf size 2mb previous annual reports 2016 annual report size. Eskom yesterday admitted for the first time that it paid almost half a billion rand to guptalinked consultancy firm trillian. Between 200607 and 201516, eskoms revenues grew by an annual average of 9. Jul 23, 2018 back to sens eskom holdings soc limited announcement of eskom annual financial results 23 july 2018 10. Eskom wraps up a report on its probe into allegations that a stepdaughter of acting ceo matshela koko benefited from contracts worth at least r1 billion. Annual report 2015 of the board of directors and of the statutory auditor to be presented at the annual general meeting on 3rd june 2016 company authorised by royal decrees of 20. Eskom s energy flow diagram full eskom benchmarking information leadership activities, including board and.
Feb 10, 2017 johannesburg limited skills, poor upfront planning, inadequate quality control and labour strikes were key reasons for delays at eskoms new build projects medupi and kusile. The following board and exco members were directors of eskom directly held subsidiary companies. Back to sens eskom holdings soc limited announcement of eskom annual financial results 23 july 2018 10. Eskom managed to reduce reliance on open cycle gas turbines ocgts, resulting in a decrease from r 9. Annual report 201516 into viable propositions, underpinned by intelligent operations and into the hands of customers. Eskom applied for a total allowable revenue of r219. Eskom holdings limited annual report 2006 amazon s3. Funding for renewable energy in eskom 100 mw wind and csp plants partly funded through the ctf eskom renewable energy projects.
Measure and unit 201415 2014 2012 201112 201011 200910 200809 200708 200607 200506. The company owns and operates various coal fired, gas. Eskom asking for 50% electricity price increase report. Possibilities for renewable power generation in south africa opportunities and challenges. Fees paid for attendance of meetings were all paid to eskom holdings. W2 1 145 2 616 2 616 wind aurora wind power w3 meaning of lowest, lower and. Eskoms draft tariff increase request for next year has also leaked, stated the rapport. Eskoms dentons report shows that in july 2015, mafube provided the cheapest coal on eskoms books at a fixed price of r2tonne.
Eskom 201415 annual report awaited the eskom briefing was led by dr ben ngubane, chairman of the board, and by mr brian molefe, eskoms chief executive officer. Ocean energy systems annual report 2016 tethys pnnl. Annual financial statements for the period ended 31 march 2015 1 statement of financial position at 31 march 2015 notes 2015 r000 2014 r000 assets noncurrent assets property and equipment 3 201 424 190 864 intangible assets 4 3 579 4 363 heritage assets 25 17 567 current assets 273 026 242 040 inventories 5 5 5. Eskom holdings soc limited integrated report 2014 keeping the lights on, online report developed by overend outsource. Eskoms earnings for the year were r32 billion an increase of 37. Eskom holdings soc limited generates, transmits, and distributes electricity primarily in south africa. Stabilise, reenergise, grow 7 nature of our business and customer base. Annual reports electricity supply commission of malawi. Jul 11, 2017 eskom said this was a prepayment but former public protector thuli madonsela said in her state of capture report that this prepayment was irregular. Eskom holdings soc limited annual financial results 2017.
Eskom on its 201516 annual report and pressing matters pmg. The one graph that shows how big eskoms financial problems are. The world bank and eskom 3 foreword a year ago the south african public heard that the world bank was going to loan eskom, our embattled energy utility, 5 billion us dollars. No weighting was applied to the ratings and every plant and equipment was treated equally.
Republic of south africa 2018 annual report for foreign. Nepse annual trading report 20142015 3 institutions has grown by 11. Our 2015 suite of reports comprises the following, all of which are available online. Extract of annual return extract of annual return in form mgt9 as per provisions of section 4 read with section 923 of the companies act, 20 the act is given in annexure i to this report. See annexure w2 on the national treasury website for a full list of entities included. This shocked people considering the legacy of structural adjustment programmes that came with other world bank. The final report of this study was published in 2015, pro. Jun 11, 2017 eskoms draft tariff increase request for next year has also leaked, stated the rapport. The credibility and correctness of information relating to eskoms financial. During 2014 eskom performed more planned maintenance than normal as a result of implementing the generation sustainability strategy refer to page 114, which deals with maintenance in further detail. The board emphasised its commitment to reenergising eskom and to creating growth and value for the shareholder and the nation.