CAV Annual Report 2021

CENTURION AEROSPACE VILLAGE NPC Registration Number: 2000/006996/08 ANNUAL FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2021

NOTES TO THE ANNUAL FINANCIAL STATEMENTS

2021

2020

R

R

21. Related parties Relationships Related party (Member)

Department of Trade, Industry and Competition (the dtic)

Related party (property Owner)

Department of Public Works and Infrastructure (DPWI)

Related party transactions The following shows the related party transactions: Grant received from related party The Department of Trade, Industry and Competition Interest capitalised from related party The Department of Trade, Industry and Competition 22. Directors’ emoluments Remuneration paid to executive directors Remuneration paid to non-executive directors

15 531 000

16 357 000

2 984 541

4 530 980

1 598 606

3 080 659

-

-

1 598 606

3 080 659

2021

Name

Designation

Basic Pay

Travel Allowance

Acting Allowance

Total

Remuneration paid to

Shaun Moses

Acting Chief Executive Officer

-

-

200,000

200,000

executive directors:

Binu Sam

Chief Financial Officer

1 214 045

184 561

-

1 398 606

1 214 045

184 561

200 000

1 598 606

2020

Name

Designation

Basic Pay

Travel Allowance

Acting Allowance

Leave Pay

Total

Remuneration paid to

Zirk Jansen

Acting Chief Executive Officer

998 546

205 200

435 600

53 507

1 692 853

executive directors:

Binu Sam

Chief Financial Officer

1 130 833

256 973

-

-

1 387 806

2 129 379

462 173

435 600

53 507

3 080 659

CENTURION AEROSPACE VILLAGE NPC I ANNUAL REPORT I 2020/21

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