Ombud Council AR 2026

PART F: FINANCIAL INFORMATION

12. Employee costs Basic

10 544 257 9 044 186

Performance bonus

94 684

483 314

Other salary related costs

1 182 056 1 190 537 11 820 997 10 718 037

The Performance bonus amount in the current year is low as it is the movement in the provision for performance bonus from 2024/25 to 2025/26 due to an overprovision in the prior year. 13. Auditors’ remuneration Internal audit fees 439 999 610 689 External audit fees 492 742 549 025 932 741 1 159 714

14. Related parties Relationships Financial Sector Conduct Authority Members of the Board and Committees

Collects Levies on behalf of the Ombud Council

Appointed members Executive management

Members of key management

Related party balances Amounts included in Trade receivable (Trade Payable) regarding related parties Financial Sector Conduct Authority

4 721 895 (1 406 264)

Related party transactions Interest received from related parties Financial Sector Conduct Authority Levies received from related parties Financial Sector Conduct Authority

51 675

47 129

27 333 898 26 528 367

Ombud Council 2025/26 Annual Report

91

Made with FlippingBook flipbook maker