SFM Report_21.9.2021

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WESSA SFM REPORT

SENIOR FINANCIAL MANAGERS REPORT

21 September 2021

FINANCIAL REPORT FOR THE 5 MONTHS ENDED 26 AUG 2021

By Siphumelele (Nana) Msomi

The first 5 months of this financial year have been a challenging one with

there being uncertainty still due to the Covid-19 pandemic. This has had a

significant impact on Education centres.

WESSA has been able to maintain a healthy cash flow balance year to date

by closely monitoring the cash inflows and outflows on a weekly basis.

WESSA has not entered any long-term debt to date.

The WESSA Group external audit has proved to be a challenging one with

the finance team not being able to go into the office because of the riots

and an outbreak of covid-19 infections at the Umgeni Valley offices,

resulting in the team not being able to produce information required by

the auditors in a timeous manner. There have also been other challenges

WESSA SFM REPORT

FINANCIAL REPORT FOR THE 5 MONTHS ENDED 26 AUG 2021

The first 5 months of this financial year have been a challenging one with there being uncertainty still

due to the Covid-19 pandemic. This has had a significant impact on Education centres.

WESSA has been able to maintain a healthy cash flow balance year to date by closely monitoring the

cash inflows and outflows on a weekly basis. WESSA has not entered any long-term debt to date.

The WESSA Group external audit has proved to be a challenging one with the finance team not being

able to go into the office because of the riots and an outbreak of covid-19 infections at the Umgeni

Valley offices, resulting in the team not being able to produce information required by the auditors in

a timeous manner. There have also been other challenges with obtaining documents and historical

information, however, the finance team was able to source and submit as much of the required

information as possible.

WESSA SFM REPORT

PROJECTS REPORT AUG 2021

PROJECT SUMMARY

All amounts recorded excluding VAT

Project name

Unit

Full Value of coVntarlaucet for FY START DATE END DATE

DEA NRMGroen Sebenza 2

Schools & Youth (S & Y)

20,937,372

19,023,938 9,804,081

01/04/2019 31/05/2022 01/02/2020 31/03/2022 01/01/2020 31/12/2020 01/01/2021 31/12/2021 01/01/2021 31/12/2021 01/01/2021 31/12/2021 01/03/2021 28/02/2022 01/03/2020 31/10/2022 01/02/2021 30/11/2021 01/03/2021 31/03/2021 01/02/2021 31/12/2022 01/04/2021 31/12/2021 01/05/2018 30/04/2019 01/05/2019 30/04/2020 01/04/2021 31/03/2022 01/03/2021 30/06/2021 01/03/2021 30/06/2021 01/01/2019 31/12/2019 01/01/2020 31/12/2020 01/01/2020 31/12/2021 01/01/2021 31/12/2021 01/01/2021 31/12/2021 01/01/2021 31/12/2021 01/03/2020 28/02/2021 01/10/2020 31/12/2020 01/03/2020 31/12/2020 01/02/2020 31/01/2021 01/01/2021 30/08/2021 01/01/2021 31/12/2021 01/10/2019 30/09/2020 01/06/2019 31/05/2020 01/03/2019 28/02/2020 01/10/2018 30/09/2020 01/04/2021 31/12/2021

Tourism Blue Flag 2

Sustainable Tourism 22,228,952

Sasol - Implement waste management projects in Metsimaholo d S & Y

450,000 209,117 165,204 148,000 217,391 49,952 346,239 50,000 362,320 481,122 550,435 74,910 181,802 183,819 718,923 651,004 624,453 621,900 434,500 842,088 435,152 1,167,250 1,702,058 2,090,428 1,561,450

450,000 209,117 165,204 148,000 217,391 367,500

Orion Engineered Carbons

S & Y S & Y

Groenland Water User Association

N3 Toll Concession (RF) Proprietary Limited S & Y

Capricorn District Municipality - 2021

S & Y WMS S & Y S & Y S & Y S & Y S & Y S & Y S & Y S & Y S & Y S & Y S & Y

Mtunzini Rotary Club GIZEGBMZB - NYRI CHDMYRE Workshop

1,702,058

49,952

CDHM– Eco Schools Component

Balwin - Rhulani

50,000 362,320 160,374 550,435 74,910 181,802 183,819 718,923 644,905 566,090 543,002 540,782 434,500 842,088 435,152

Glencore 2020 – Support 17 Schools

Glencore - Support 17 Schools Special Days S & Y

Glencore Operations SA (Pty) Ltd 2101

Italtile

Ceramic Ind 2021

RMB 1901 - Rehab Project 20 schools RMB 2001 - Rehab Project 20 schools MRP 2001 - 20 Schools in Qwa Qwa

VVOB - Support and Coach 20 schools in the Vhembe district S & Y VVOB - Support and Coach 20 schools in the NMB district S & Y VVOB - Support and Coach 20 schools in the Amathole district S & Y

EDTEACare Project

WMS WMS S & Y S & Y S & Y

Hilton Effect Foundation

i4Water

Afrika Tikkun SAIIA EU SPIPA

1,561,450

279,040

IRS – Independently Registered Schools 2021 S & Y

AECI

S & Y

397,083 345,000 378,000

Bakwena Eco Schools N4 Back2Basics ContinuaSt&ioYn RCDT Garden of Learning 5 Schools in North West S & Y

CHDMRURAL Sustainable Villages

S & Y S & Y

10,395,823

3,478,170

Nedbank

280,472

WESSA SFM REPORT

FINANCIAL RESULTS

GROUP RESULTS INCLUDING BUSH PIGS FOR THE 5 MONTHS ENDED 26 AUGUST 2021

WESSA Group incl. Bush pigs Actual results

26 Aug 2021 YTD

Sustainable

Schools &

Education

Services

Tourism

Training

Centres

Support

TOTAL

Youth

Actual

3,008,404

526,086 1,931,506 1,326,508 1,599,647

8,392,151

Budget

2,392,569 1,011,435 2,760,139 1,167,890 3,496,939 10,828,972

Variance

615,835 -485,349 -828,633

158,618 -1,897,292 -2,436,821

INCOME

% of Total Inc

36%

23% 16%

19%

Actual

1,705,266 1,141,684 604,777 2,496,654 2,460,866

8,409,247

Budget

1,338,696 1,142,685 1,109,648 3,423,078 3,031,096 10,045,203

Variance

-366,570

1,001 504,871

926,424

570,230

1,635,956

EXPENSES

% of Total Exp

20%

14%

30%

29%

Actual

1,303,138 -615,598 1,326,729 -1,170,146 -861,219

-17,096

Budget

1,053,873 -131,250 1,650,491 -2,255,188

465,843

783,769

SURPLUS /

Variance

249,265 -484,348 -323,762 1,085,042 -1,327,062

-800,865

(DEFICIT)

The GROUP (including Bush Pigs) deficit of R17 096 is significantly higher than the budgeted surplus of R783 769, posting a negative variance of R800 865. The Schools & Youth (S&Y) and Training units posted a surplus of R1 303 138. and R1 326 729 YTD, respectively. All other units posted a deficit.

SCHOOLS & YOUTH

The unit made a surplus above budget due to project income received from projects which were signed after budget. These projects are Italtile, Bawin, Glencore and Nedbank. Expenses also increased due to salaries related to the new projects secured.

SUSTAINABLE TOURISM

The sustainable tourism unit has not been able to reach budget due to the delay of signing the Childhood Foundation project a new application has been made with start date proposed for January

WESSA SFM REPORT

22. Municipalities will only be invoiced from September 2021 due to a delay in the National Jury results.

TRAINING

Although the unit is making a surplus, it has not been able to reach budget. This is due to the target for new clients not being reached and a delay in Groen Sebenza 2 online training due to delays which were caused by the period where WESSA was non-compliant on the CSD, there are now further delays with the funder.

SUPPORT SERVICES

This unit isn’t an income generating unit and is therefore budgeted to make a loss. However, the unit has a positive variance on the deficit. Expenses are below budget due to the following expenses being less than budgeted, salaries, equipment lease, office expenses, and professional and consulting fees. Investment income of R529 228 was received in August from the BAT share dividends.

EDUCATION CENTRES

Education centres are highly affected by covid, the negative performance is due to cancelled and postponed bookings by Cowan House, Curro Grantleigh, Curro Newcastle, SAGTA Conference and Wilderness School to name a few. There has been maintenance work across all centres, to deal with backlog from 2020.

The graph below shows the difference between what was budgeted and what was achieved for each unit.

WESSA SFM REPORT

ACTUAL INCOME CHART

Support Services 16%

Actual Income

Education Centres 19%

Training 23%

Sustainable Tourism 6%

Schools & Youth 36%

Schools & Youth Sustainable Tourism Training Support Services

Education Centres

The above chart is a representation of total income. 36% of Total income was generated by the S&Y unit while 23% was generated by the Training unit, both these units posted a surplus. The Sustainable Tourism, Support Services and Education centres contributed to 6%, 16% and 19% of total income respectively. The Below chart is a representation of total expenses. 20% of expenditure is from the S&Y units with 14% and 7% of total expenses coming from Sustainable tourism and Training respectively. The highest contributors to total expenses are Support services and Education centres, contributing 30% and 29% of total expenses.

ACTUAL EXPENSES CHART

WESSA SFM REPORT

WESSA GROUP RESULTS

The table below shows the WESSA GROUP results but gives a clearer reflection of the distinction between WESSA and the Wildlife Marketing Services performance. WESSA posted a surplus of R844 123 and WMS posted a deficit of R768 606. Cancellations and postponements of bookings due to Covid cases in the first quarter contributed to the loss in WMS. The WESSA GROUP posted a surplus of R75 517 and was able to reach only 10% of the GROUP budget.

Financial analysis for the month ended 26 AUG 2021

GROUP RESULTS

WESSA

WMS

TOTAL GROUP YTD

Actual R'000

Budget

Var

Actual R'000

Budget

Var

Actual R'000

Budget

Var

R'000

Income

6,792,505

7,332,032

(539,527)

1,529,212

2,471,939

(942,727)

8,321,717

9,803,971

(1,482,254)

Expenditure

(5,948,382)

(7,014,107)

1,065,725

(2,297,818)

(2,033,516)

(264,302)

(8,246,200)

(9,047,623)

801,423

Surplus/(Loss)

844,123

317,925

526,198

(768,606)

438,423

1,207,029

75,517

756,348

(680,831)

BUSH PIGS RESULTS

Bush Pigs made a loss of R92 613 year-to-date. Only 7% of budgeted income was realised, the main reason for this was the rising numbers in Covid cases in the first quarter of the financial year and bans on school camps, resulting in a significant reduction of bookings. However, as income decreased so did actual expenditure compared to what was budgeted, only 16% of expenditure was incurred. A slight improvement in bookings has been noted after the reporting date.

BUSH PIGS YTD

Actual R'000

Budget

Var

R'000

Income

70,435

1,025,000

(954,565)

Expenditure

(163,048) (92,613)

(997,580)

834,532

Surplus/(Loss)

27,420

(120,033)

WESSA SFM REPORT

EDUCATION CENTRE ANALYSIS

EDUCATION CENTRE ANALYSIS YTD 26 AUG 2021

UMG

BUSH PIGS

EDUCATION CENTRE TOTALS

Actual R'000

Budget

Var

Actual

Budget

Var

Actual R'000

Budget

Var

R'000

R'000 R'000 R'000

R'000

Revenue

1,529,212 1,220,056

2,471,939 1,323,479 1,148,460

942,727 103,423 839,304

70,435

1,025,000 501,900 -

954,565 -

1,599,647 1,291,069

3,496,939 1,825,379 - 1,671,560

1,897,292 - 3,116,448 - 1,362,982 -

Less Cost of sales

71,013 -

430,887

Gross Profit

309,156

578

523,100

523,678 -

308,578

Gross margin

20%

46%

-1%

51%

19%

48%

Less Operating Costs

- -

965,229 656,073

710,037 438,423

255,192

81,607 - 82,185 -

478,305 -

396,698

- -

1,046,836

1,188,342 -

141,506

EBITDA

1,094,496 -

44,795

126,980 -

738,258

483,218

1,221,476 -

EBITDA margin

-43%

18%

-117%

-46%

14%

Depreciation

- -

112,533 768,606

112,533

10,428 - 92,613 -

17,375 27,420

6,947

- -

122,961 861,219

17,375 465,843

105,586 - 1,327,062 -

EBIT

438,423 122,758 315,665

1,207,029 -

120,033 -

Tax

122,758 -

Net Profit/(Loss)

768,606

1,207,029 -

92,613 -

27,420

120,033 -

861,219

465,843

1,327,062 -

MEMBERSHIP RESULTS

QUARTER 1 - REGIONS ACTUAL

April 2021 to June 2021

KZN Lowveld NAR

AWE

TOTAL

Income

4 201

216 374

- - -

127 634

- - -

32 869

381 078

Expenses

( 696)

(207 109)

(166 533)

(63 910) (31 041)

(438 248)

Surplus/(Deficit)

3 505

9 265

(38 899)

(57 170)

QUARTER 1 - BRANCHES ACTUAL

April 2021 to June 2021

Southern KZN/Lower SC

Hottentots Holland

Algoa

Grahamtown Durban

Midlands Kingsburgh

Sani

Umhlanga

Knysna

TOTAL

Income

- - -

6 063

- - -

470

5 710

- - -

12 243

Expenses

(6 675)

( 300)

(22 371) (16 661)

(29 346) (17 103)

Surplus/(Deficit)

( 612)

170

CONCLUSION

As the organisation undergoes a strategic review, we continue working towards ensuring relevance and adaptability. Areas of concern have been identified and actions are being put in place to monitor these areas. We maintain a steady focus on expense control and income generation to ensure effective performance.

BEQUESTS & DONATION BALANCE SHEET - 26 AUG 2021

GENERAL BEQUESTS & DONATIONS 200255

THE GIVING ORGANISATION & NEDBANK 200259

TOTAL

HANS HOHEISEN 200254

DATE

DETAILS

01/04/2020

BALANCE B/FWD - MAR 2020

313 598

313 598 82 188 950 000 23 993 40 000 -

2021/03/18 TGO

82 188

2021/04/16 HANS HOHEISEN 2021/04/19 SET PORTELJEA 2021/04/23 E L Gathorne

950 000

23 993 40 000

377 591

950 000

82 188

1 409 779

A LISTING OF ALL CURRENT & CALL ACCOUNTS WITH FNB

Aug-21

CURRENT ACCOUNTS:

No Interest

✓

1 129 533

General National Bank Accounts

WESSA Main Bank Account

97 554,93

NAT Blue Flag / TBF Implementing

530 858,25

NAT Envirokids

100 254,69

NAT Membership

179 561,02

Bequests and donations

221 304,38

74 352

Bushpigs

Bushpigs Chq

74 352,41

9 626 470

Project Specific Accounts

Umgeni Valley Projects / Sishen

44 929,77

TWS Projects

326 451,81

Moss Trust

31 739,27

Workskills Training

1 319 662,53

TBF Phase 2

3 961 911,83

NAT Cons Specific

32 806,10

NAT Eco Schools

2 004 701,14

NAT Eco Registrations

87 561,05

Elephant Fund

1 702,96

LG Seta

6 892,64

Rhino Fund

489,52

Balwin Foundation

2 978,55

TGC Implementing

9 166,51

DEA NRM Training

18,70

DEA Jobs for Carbon

7 272,61

DEA YES Free State

DEA YES Nothern Cape

0,10

Ecoschools AECI

20 967,45

Ecoschools RMB

437 159,27

Ecoschools EEESAY

14 188,64

Ecoschools YRE

304 947,92

Ecoschools CHDM Wessa Partnership

4 468,54

DE Beers

27 406,83

Strategic Investment

413 104,95

AGIY

108 442,20

DEA NRM Training IA Fees

27 723,98

NAT CIDA

16 391,58

DEA YES Implementer

63,80

Tourism Green Coast

22,55

Groen Sebenza

9 679,00

UEI - Umgeni Ecological

403 618,54

271 606

Various Branch Accounts

Wessa - Northern Areas Region

31 862,40

Wessa - NAR - AWE

3 935,62

Wessa - Algoa Bay

48 098,23

Wessa KZN

4 069,70

Wessa - EC

43 988,45

Wessa - Lowveld

11 051,32

Wessa - WC

84 487,91

Wessa - West Rand

2 570,00

Wessa - Grahamstown

41 541,90

11 101 962

Aug 21

Interest Bearing

CALL ACCOUNTS Bequests and Donations

✓

237 376

- Bequests & Donations

1 319 906

Operational Account on Call

✓

150 000

Fixed Deposit - Ceded

TOTAL OF GENERAL CALL ACCOUNTS

1 707 282

23 880

Treasury - Conservaton Specific

1 227 694

Treasury - Education Specific

- From previous EcoSchool Specific Project Accounts

✓

78 264

Treasury - National Office (Restricted)

1 329 837

SPECIFIC TREASURY ACCOUNTS

48 hour call account FNB - Notice deposit

✓

13 078 117

13 000 000

- Capital 01-June-2021

78 117

- Interest earned

13 078 117

Comments

Project Name

DEA NRM TRAINING COST CENTRE 2

8,732

OLD CLOSED PROJECTS Phase 1- WFTC- ALEX Implementers Fees TBF Stategic Investments

1,084,695

-1,990 73,291

DEA YES FC/NC Implementers

8,031

Work Skills Training

353,078 21,853 10,455 123,677

TGCP Phase 2 Implementers

Eco-Campus

Bushbigs Strategic Improvements

IRS - Independently Registered School 2019

878

YRE Registration Fees

1,743

Go Goals Game

49,132 109,068

DEA NRM 2nd Cost Centre 1901

IRS – Independently Registered Schools 2020 Ceramic Industries Arbor Week Event

2 0

TBF2 (Phase 1)

2,543

TBF2 Implementers

12,685 394,089

Pilot grant beach stewards SA (Childhood foundation)

PnP Clean up

IRS – Independently Registered Schools 2021

66,961 26,184 240,328 29,232 65,217 33,405 39,053 17,295 199,694 0

CHDM YRE Workshop

CDHM – Eco Schools Component

Balwin - Rhulani

IRS – Independently Registered Schools 2022 AECI Modderfontein 10 Schools in GP AECI Modderfontein 10 Schools in GP

AECI Water project – Support 5 schools with sustainable wate

AECI Water Week Event

Support 5 Afrika Tikkun Centres

ANB Investments Register 50 Schools in WC

140

Sishen Project Balwin Project

290,183

-4,105 Incorrect allocation in AP - correcting entry submitted to AP on 12/08

Sishen

Green Coast Membership Project

47,142

Bakwena Eco Schools N4 Back2Basics Continuation

6,533

BotSoc 5 Eco Schools in Mpumulanga

791

CDM – Continue supporting 6 Schools in Polokwane CDM - continue supporting 6 schools in Limpopo CDM – continue supporting 6 schools in Limpopo (2021) Ceramic Industries – 2020 Environmental Event Ceramic Ind 2021 Water Week and Enviro Week

2,562

30,629 148,049 19,455 35,206 65,722

Ceramic Ind 2021 Arbor Week Celebration

CHDM RURAL Sustainable Villages

9,461

De Beers-Support 10 schools in the Blouberg Area

75,560

NC Working For The Coast

-500

DEA NRM Groen Sebenza DEA NRM Groen Sebenza 2

-51,696 Spend and claim -599,413 Spend and claim

DEA NRM Training & Capacity Development

27,683

Department of Environmental Affairs NRM Project 1701

9,183

DEA YES FS DEA YES NC

-55

DUCT Amanzi Ethu Eco Rangers

38,192 33,634

Sasol Waste Management in Free State Sasol Waste Management in Free State

1,232

Sasol - Implement waste management projects in Metsimaholo d Sasol - Implement waste management projects in Metsimaholo

-6,177 Incorrect allocation in AP - correcting entry submitted to AP on 12/08

214,524 448,175

EDTEACare Project

Support the YRE project by mentoring for ESD Support the YRE project by mentoring for ESD

2,905 2,636

EEESAY - Sustainable School Enterprise Development at 40 Schools EEESAY - Sustainable School Enterprise Development at 40 Schools

23,007

Exxon-Mobil

950

Eco-Schools for Eco-Systems Project

19,837 31,596 318,540

Eco Schools in Eco-Systems Rehab project - 20 Schools RMB Support 20 Eco School in Ecosystems in Rehabilitation

AGYI

Africa Germany Youth Initiative Phase 2 NYRI Youth Ambassador Network Glencore ES Project 17 Schools Emalahleni area Glencore Coal- MP School Establishment

1,934

511,494

2,747 9,920 1,045 4,372 7,346

Glencore Mandela Day Glencore World Rhino Day

Glencore Arbor Day

Glencore – Support 17 Schools

25,587

Glencore - Support 17 Schools Special Days Support 17 Schools in Emalahleni are Y2 Top up for the eMalaheni 17 eco-schools project

-3,760 Incorrect allocation in AP - correcting entry submitted to AP on 12/08

89,833

-123,768 Invoice created in AR on 17/08 but not posted.

Grabouw LEAF Project

61,844 349,703 39,971

HEF WESSA on wheels feed program

Support 5 Schools in Kaalfontein Hammanskraal area

Impumelelo WC 20 Schools Italtile Arbor Weeke Event

773

Italtile 2020 Environmental Event

40,797 29,706 15,790 271,861

Italtile 2021 Water Week and Enviro Week

MRP - 20 Schools in Qwa Qwa MRP - 20 Schools in Qwa Qwa

N3 Coordination for ECD Schools along the N3 in Villers N3 Coordination for ECD Schools along the N3 in Villers Nampak - Broaden scope of existing Nampak Gauteng

1,413

62,514

National Lotteries - Wild Coast Villages

1,500 3,453 3,562

Tourism Green Coast Project Tourism Blue Flag Project

Tourism Blue Flag 2

4,215,355

Orion Eco School Cluster Project - support Dumani in the Mot Orion Eco-School Cluster Project – Motherwell Cluster

494

94,385

Mr Price Kickstart 20 Schools in Qwa Qwa Mr Price Kickstart 20 Schools in Qwa Qwa

1,070

14,902

Rose Foundtion - Develop an understanding of how vehicle oil impacts on the e

8,279

RCDT Garden of Learning 5 Schools in North West

34,539 11,654

SAIIA Community Diplomacy Week Support YRE schools in GP for 2021 CDW

-67,854 Spend and claim

Suntory Eco School & Volunteer Project 5 Schools GP

5,280

Van Staden Wind Farms 3 Schools in PE

VVOB - Support and Coach 20 schools in the Amathole district VVOB - Support and Coach 20 schools in the NMB district VVOB - Support and Coach 20 schools in the Vhembe district

-138,796

-160,600 Spend and claim -194,727 Spend and claim 176,233 Spend and claim

TWINSTREAMS ROTARY

Nedbank Support 3 Schools to become biodiversity hotspots

-126,301 Invoice created in AR on 17/08 but not posted.

PnP Clean-up

40,761

WWFSA Jorunalism Training

TOTAL PROJECTS Working for water

9,535,265

0 0 0 0 0 0

Expertnet

Info & Capacity

Rhino Node Koukamma Greening Moss trust Giant Sable

633,629 30,883

120353

Total Projects

10,199,777

10,199,776 1

FINANCE MANAGEMENT PACK

Finance Management Pack Index

1. PART 1: FINANCIAL REPORTING 1.1. Finance Report (August 2021)

2. PART 2: BALANCE SHEET 2.1. Bequests and Donations

2.2. Accounts Payable Summary 2.3. Project Funding in Advance

3. PART 3: CASH FLOW 3.1. Detailed List of WESSA Bank Accounts

4. PART 4: PROJECTS 4.1. Analysis of Project Income & Management Fees 4.2. Professional Fee Detailed Analysis 4.3. Management Fee Income

4.4. Office Cost Recovery 4.5. Vehicle Cost Recovery 4.6. Course Fee

5. EDUCATION CENTRES 5.1. WMS Income Statement 5.2. WMS Balance Sheet 5.3. Accounts Payable Summary 6. BUSHPIGS 6.1. Bushpigs Income Statement 6.2. Bushpigs Balance Sheet 6.3. Accounts Payable Summary

WESSA ACCOUNTS PAYABLE August-21

External

682 644

Credit Cards

-73 329

609 316

OWING TO EXTERNAL PARTIES

Current

30 Days

60 Days

90 Days

>90 Days

Total Payables

0,00

-51 589,35

AGYI

-51 589

DEBIT ORDERS

93 148

39 900

33 561

96 983

263 593

0,00

27 451,34

DEA CONTRACTORS

27 451

0,00

ECO -TGC & TBF

53 864

103 113

156 977

0,00

ECO SCHOOLS

10 438

-41 165

-30 727

0,00

FIHRST EMPLOYERS PROTECTION TRUST

207 729

0,00

24 340

232 068

0,00

GROEN SEBENZA

ICON INFORMATION SYSTEMS

0,00

1 340

0,00

-22 318

-20 978

NYRI

0,00

9 775

0,00

1 450

11 225

VARIOUS FOR GEOGRAPHICAL UNITS

0,00

55 006

45 310

3 442

-9 133

94 625

0,00

377 435

139 074

37 003

129 132

682 644

Wildlife Marketing Services (Pty) Ltd Income Statement

WMS

For The 5 Periods Ending August 26, 2021

Current Month

Year To date

Actual

Budget

Variance

Actual

Budget

Variance

Privately funded Education Groups (Parents)

77 796

763 000

-685 204

381 356

1 113 000

-731 644

Privately funded Education Groups (Private donors)

25 061

Government funded Education Groups

Corporate funded income (Education Projects)

177 788

-177 788

164 188

893 939

-729 751

Private tourism Groups

957

10 000

-9 043

20 600

65 000

-44 400

Donations

Other Income

595 765

50 000

545 765

817 525

250 000

567 525

Projet Income

36 458

Tuckshop

5 000

-4 935

2 719

25 000

-22 281

Rental Income

5 130

20 000

-14 870

81 304

100 000

-18 696

Event income

5 000

-5 000

25 000

-25 000

TOTAL REVENUE

679 712 1 030 788 -351 076

1 529 212 2 471 939

-942 728

Salaries & wages - Direct

219 331

1 068 347

Education Centre Expenses Direct

246 539

380 690

-134 151 85 180

638 167

741 590

-103 423 964 924

LESS COST OF SALES

465 870 380 690

1 706 514

741 590

% Direct Costs vs Revenue

69%

37%

-24%

112%

30%

-102%

GROSS PROFIT

213 842 650 098 -436 256

-177 302 1 730 349 -1 907 652

Gross Profit %

202%

31%

63%

124%

-12%

70%

LESS OPERATING COSTS Bank charges

1 591

1 500

7 171

7 500

-329

Audit fee

4 000

-4 000

20 000

-20 000

Computer expenses

730

2 500

-1 770

1 095

12 500

-11 405

Conferences, seminars and workshops

358

1 458

10 000

-8 542

Course Fee Expenses

7 427

22 713

Credit card - unreconciled

Equipment lease

2 556

4 750

-2 194

14 309

23 750

-9 441

Insurance

18 777

14 000

4 777

115 928

70 000

45 928

Interest and finance charges

Magazines and newsletters - Specific

1 000

-1 000

5 000

-5 000

Marketing expenses

1 496

2 500

-1 004

2 252

12 500

-10 248

Registration & Subscriptions

2 500

-2 500

365

12 500

-12 135

Motor vehicle expenses

31 534

15 000

16 534

127 675

75 000

52 675

Office Expenses

1 840

16 000

-14 160

60 787

80 000

-19 213

Other staff costs

Printing, stationery and postage

8 198

3 000

5 198

-4 022

15 000

-19 022

Professional consulting fees

2 500

-2 500

6 606

12 500

-5 894

Profit on sale of assets

Repairs & Maintenance

13 032

12 000

1 032

58 445

60 000

-1 555

Salaries and wages - Indirect

-250

146 735

-146 985

169

733 676

-733 508

Staff Training

2 000

-2 000

10 000

-10 000

Telephone

21 066

15 000

6 066

64 485

75 000

-10 515

Travel, accommodation and transport

2 401

11 400

-8 999

-665

57 000

-57 665

TOTAL OPERATING COSTS % Operating Costs vs Revenue

110 756

256 385

-145 629

478 771

1 291 926

-813 156

86%

16%

25%

41%

31%

52%

EBITDA

103 086 393 713 -290 626

-656 073

438 423 -1 094 496

% EBITDA vs Revenue

15%

38%

83%

-43%

18%

116%

Depreciation

26 323

112 533

EBIT

76 763

393 713 -316 950

-768 606

438 423 -1 207 029

TAX

28 864

110 240

122 758

Net Profit

47 899 283 473 -316 950

-768 606

315 665 -1 207 029

N% Net Profit vs Revenue

28%

90%

-50%

13%

128%

Professional Fees

Actual

Budget

Variance

Actual

Budget

Variance

Sources of Income

Aug-21

Year To Date

Schools

526 353

457 468

68 884

2 694 508

2 269 258

425 251

119%

100%

i4Water

18 639

93 197

Afrika Tikkun

18 053

90 263

Glencore

20 506

102 528

FID

SAIIA - YRE Component

20 765

91 380

103 825

-12 445

Orion

8 823

44 113

IRS

10 000

50 000

SASOL

23 373

116 863

RMB

35 725

35 000

725

178 626

175 000

3 626

SAG

CDM

7 713

38 563

Mr Price Qwa Qwa

26 487

16 293

10 194

132 434

81 465

50 969

Groenland WUA

8 441

42 206

42 207

N3TC

5 869

29 343

FID

VVOB - VHEMBE

34 473

172 367

FID

VVOB - AMATHOLE

34 473

172 367

FID

VVOB - NMB

34 473

172 367

FID

GIZ Ambassador Network

46 400

232 000

266 400

-34 400

SAG

Groen Sebenza

73 000

60 000

13 000

352 500

120 000

232 500

Mr Price - Tongaat

40 000

-40 000

200 000

-200 000

Target

8 333

-8 333

41 667

-41 667

South 32

52 242

-52 242

156 726

-156 726

Itatile 2021

93 178

National Ceramics 2021

27 053

105 115

AECI Water Week

15 000

99 658

Balwin

5 000

25 000

Glencore 2021

25 123

125 615

SAG

chdm - Schools Component

5 718

28 589

Nedbank

21 248

106 238

Sustainable Tourism

68 000

128 068

-60 068

340 000

565 342

-225 342

60%

Tourism Blue Flag 2

SAG

68 000

69 735

-1 735

340 000

348 675

-8 675

ChildSafe Movement

FID

25 000

-25 000

50 000

-50 000

Target Project 1

25 000

-25 000

125 000

-125 000

Target

8 333

-8 333

41 667

-41 667

Total Professional Fees

594 353

585 537

8 816

3 034 508

2 834 599

199 909

Course Fees break down

Actual

Budget

Variance

Actual

Budget

Variance

Aug-21

Year To Date

WRK

411 544

423 200

-11 656

1 931 506 2 310 141 -378 635

TBF 2

411 544

212 256

199 288

1 730 010 1 588 752

141 258

Groen Sebenza

91 500

-91 500

125 522

457 500 -331 978

TGC2

Target

111 111 -111 111

222 222 -222 222

Target 2

8 333,33

-8 333

41 667

-41 667

TUT

66 650

Other

9 323

WILDLIFE MARKETING SERVICES PROPRIETARY LIMITED

BALANCE SHEET as at 31 August 2021

2021

2020

ASSETS

5 116 140

5 407 132

Non-current assets

Property, plant and equipment

5 116 140

5 407 132

Loan to holding company

1 843 820

1 343 551

Current assets

Inventories

18 034 609 156 716 361

Accounts receivable Bank balances and cash

1 719 835

123 984

6 959 960

6 750 683

FUNDS AND LIABILITIES

(5 935 302)

(2 338 760)

Funds and reserve

Share capital

Accumulated (loss) / profit

(5 935 305)

(2 338 763)

6 621 396

5 546 444

Non-current liabilities

Loan from related party - WESSA

6 966 396 (345 000)

5 544 444

Loan to related party - BP

2 000

6 273 866

3 543 000

Current liabilities

Accounts payable

6 273 866

3 543 000

6 959 960

6 750 683

ANALYSIS OF PROJECT INCOME & MANAGEMENT FEES Aug-21

Comments The Sustainable Tourism unit only reached 66% of budget YTD, this is due to 2 pipeline projects that havent materialised, there was a delay in the implementation of the WWF project. The Schools and Youth unit reached 121% of budget this is due to projects which were signed after budget.

Budget Aug-21

Variance

Actual

Budget

Variance

Actual

Year To Date

PROFESSIONAL FEES

594 353

585 537 128 068 457 468

8 816

3 034 508

2 834 599

199 909 -225 342 425 251 135 565

Sustainable Tourism

68 000 526 353 126 758

-60 068 68 884 71 395 10 000

340 000

565 342

Schools & Youth

2 694 508

2 269 258

VEHICLE USAGE OFFICE COSTS

55 363

412 378 81 250

276 813 31 250

16 250

6 250

50 000

TOTAL PROJECT INCOME

737 360

647 149

90 211

3 528 136

3 142 662

385 474

MANAGEMENT FEES

73 859

206 515

(132 656)

517 447

752 571 20 000 282 571 450 000 752 571

(235 124) -20 000 234 876 -450 000 (235 124)

Management fees were higher than budgeted due to projects which were signed after budget in the S&Y unit.

Sustainable Tourism

Schools

73 859

56 515 150 000 206 515

17 344

517 447

Work Skills

-150 000 (132 656)

TOTAL MANAGEMENT FEES

73 859

517 447

131%

Course Fee income received is only from Tourism Blue Flag 2 Module 3 training done in August.

Course Fees

411 544

423 200

(11 656)

1 931 506

2 310 141

(378 635)

TOTAL COURSE FEES

411 544

423 200

(11 656)

1 931 506

2 310 141

(378 635)

Office Costs

Actual

Budget

Variance

Actual

Budget

Variance

Source of income

Aug-21

Year To Date

SCH

10 000

50 000

Groen Sebenza

SAG

10 000

50 000

Sustainable Tourism

6 250

31 250

TGC

SAG

TBF 2

SAG

6 250

31 250

Total Office Costs

16 250

6 250

10 000

81 250

31 250

50 000

WILDLIFE MARKETING SERVICES ACCOUNTS PAYABLE August-21

External

327 239

OWING TO EXTERNAL PARTIES

Current

30 Days

60 Days

90 Days >90 Days Total Payables

Atlantic Oil Pty Ltd

0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00

0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00

0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,02 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00

0,00 0,00

349,80 -566,39

349,80 566,39

Avis Car Rental

Bargain Hunters (PMB) cc

0,00 17250,00 17 250,00

Bidvest Steiner

0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00

5585,88

5 585,88

Bidvest Car Rental

0,60

Bidfood

3615,56 115,99 -2117,75

3 615,56

Bidvest Waltons Bluff Meat Supply

115,99

2 117,75

BMS Foods

570,01

Busiswa Family Adventure Retreat

7762,50

0,00 0,01

7 762,50

Capital Caterers

0,01

Chemlog

313,95

Coca Cola Beverages

0,01 0,00

0,01

Matthew Cocks

3174,40

3 174,40 2 179,38

Corporate Traveller

-2179,38 -200,00 1949,50 1845,75

- -

Dawnfresh Mushrooms

200,00

Dellis Gas & Maint

1 949,50 1 845,77

Eskom

Ethekwini Municipality

0,00 15595,24 15 595,24

E Wallet

1400,00 856,66

0,00

1 400,00

F & F Build It

298,14

-307,49

847,31

The Farm Foodpak Globeflight

0,00

0,00 49375,00 49 375,00

654,99

2359,84 582,34

5898,84

-1199,71

7 713,96

0,00

582,34

Halfway Howick

1645,81 8266,54

4206,22 7794,07

2026,00

7 878,03

Howick Meat Centre

1354,09

2750,98 20 165,68

I Clean

0,00

0,00 0,00 0,00 0,00

5760,13

5 760,13

Karkloof Canopy Tours Knight Security Solutions

0,00 63625,00

0,00 63 625,00

0,00

1,00 0,00

1,00

Kululapa-Indi-Pos

9000,00 2400,00

9 000,00

KZN Kayak & River Safety School

0,00 27800,00 30 200,00

Magnacorp156CC

0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00

0,00 0,00

0,25

Frans Meyer Nightsbridge

-1700,46 419,75 3894,59

1 700,46

419,75

839,50

Northen Natal Ice Cream Distributors

0,00

3 894,59

Pick & Pay

4044,86

954,16

6483,62

1986,30 13 468,94

Red alert

0,00 15358,64

0,00 15 358,64

Rencor First Aid

0,00 18575,00 18 575,00

Road Island Food Station

0,00 0,00 0,00 0,00 0,00 0,00 0,00

-319,55

319,55

The Safari Media Co

0,90

Sanitech

1449,00 5500,00 1417,82 -6350,00

1 449,00 5 500,00 7 598,72 6 350,00 4 331,21 2 317,90 1 735,19

Sakile Sithole

Spar

886,06

201,85

5092,99

Stripes Stationery

0,00

Telkom

9099,25

1826,15 10 925,40

Umngeni Municipality

0,00

4331,21

Village Hardware

733,12

1036,49

548,29

workwear depot

0,00

1735,19 153 208

101 758

5 452

47 511

327 239

BUSH PIGS ACCOUNTS PAYABLE August-21

External

89 605

OWING TO EXTERNAL PARTIES

Current

30 Days

60 Days

90 Days >90 Days Total Payables

BUILDERS DISCOUNT

0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00

0,00

8 349,70

CHECKERS

881,47

0,00 13 012,77 13 894,24

COMPUTER MEDIA SERVICES CORPORATE TRAVELLER

0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00

0,00 0,00 0,00 0,00

12,50

1,04

Die Bakhuis

1 868,69 4 344,65

DIE PLAASMARK ESKOM -7923085556 ESKOM - 5391342672

0,00 12 025,87 12 025,87

0,00 0,00

0,22

Fihrst Employers Protection Tr

9 300,36

1 941,12 11 241,48

HUNTERS BUTCHERY

0,00 -1 337,75

1 337,75

MODIMOLLE MUNICIPALITY

0,00 0,00 0,00 0,00 0,00 0,00 0,00

668,29

MULTICHOICE

5 823,28

NOVEL IDEA MAXICARE

10,00

Pontenilo

1 220,28

SATIB

0,03 -0,01

0,03 0,01

TL Construction and Home Maintenance

TnT Verspreiders

1 831,00

1 831,00 5 813,35 1 566,70

TOTAL MODIMOLLE

0,00 -5 813,35

VAN HEERDENS APTEEK Vulcan Catering Equipment

0,00

1 566,70

0,00 33 898,55 33 898,55

10 182

79 424

89 605

Vehicle Usage

Actual

Budget

Variance

Actual

Budget

Variance

Source of income

Aug-21

Year To Date

SCHOOLS

105 503

23 363

82 140

251 106

116 813

134 294

SASOL

643

-643

5 792

3 213

2 579

Afrika Tikkun

1 115

530

585

1 115

2 650

-1 535

CDM

SAG

2 275

-2 275

7 579

11 375

-3 796

Orion 2021

1 565

-1 565

7 825

-7 825

RMB 2021

2 380

5 430

-3 050

13 350

27 150

-13 800

MRP 2021

6 600

-6 600

10 200

33 000

-22 800

Glencore 2020/2021

12 392

3 700

8 692

21 469

18 500

2 969

I4Water

2 615

420

2 195

4 275

2 100

2 175

Groenland

2 200

-2 200

5 792

11 000

-5 208

Ceramics

3 872

10 240

VVOB - VHEMBE

FID

22 440

60 896

VVOB - NMB

FID

24 040

VVOVB - AMATHOLE

FID

9 592

AECI GP

1 175

Bakwena

3 995

Balwin

1 420

2 188

Italtile

2 296

5 168

RCDT

SAF

5 295

SAIIA

FID

3 200

4 415

CHDM Eco Schools

SAG

13 504

TBF 2

SAG

2 191

19 260

EESAY

169

Nedbank

928

Triple P

345

IRS

832

14 898

N3TC

2 220

4 595

Sustainable Tourism

21 255

32 000

-10 745

161 272

160 000

1 272

Tourism Blue Flag 2

SAG

21 255

32 000

-10 745

161 272

160 000

1 272

Tourism Green Coast II

SAG

Total vehicle Usage

126 758

55 363

71 395

412 378

276 813

135 565

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