GPW_AR_2013_Final_v10.pdf

125 year anniversary

PERFORMANCE REPORT

&VERGL ½RERGI

Deviation from planned

Actual achievement 2012/13

Comment on deviations

Performance indicator

Actual achievement 2011/12

Planned target 2012/13

target to actual achievement for 2012/13 Target percentage not achieved as the product mix has changed signi ½ cantly.

Gross pro ½ t margin 34.26%

27%

21.7%

More printing was done via the contract printing division than anticipated.

Debtor collection period

88 days

60 days

88 days

Target not achieved

Target not achieved as a substantial project done for Department of Basic Education was only invoiced during the last month of the ½ nancial year.

R-value of procurement between HDIs and non-HDIs Inventory turn-over ratio Revise draft SCM framework and policy

HDI 31% Non HDI 69%

HDI 20% Non HDI 80%

HDI 31% Non HDI 69%

Target achieved

3.88

2.5

5.6

Target achieved

SCM framework and policy revised. Await inputs from National Treasury

100% revised draft SCM Framework and policy

SCM framework and Policy revised. Await inputs from National Treasury

Target not achieved

No feedback received from National Treasury. The GPW will consult experts in the ½ eld of SCM and ½ nalise the framework and policy after receiving input The focus of procurement was shifted to the implementation of the smartcard (national identity document). Due to the high pro ½ le and risk of the smartcard project, resources were dedicated to ensure timeous completion of this project The much higher than anticipated return on capital investment can

Investment in additional production assets

R17,850m

R343,085m

R19,427m

Target not achieved

Return on capital investment

51%

14%

30%

Target achieved

be attributed to the lower investment in capital.

90