Ombud Council AR 2026

PART F: FINANCIAL INFORMATION

Statement of Comparison of Budget and Actual Amounts

Actual amounts on comparable basis

Difference between final budget and actual Reference

Approved budget Adjustments

Final Budget

Amounts in Rand

Statement of Financial Performance Revenue Revenue from exchange transactions Interest received 1 307 451

- 1 307 451 802 975 (504 476)

23 23

Other income

-

-

-

2 000

2 000

Total revenue from exchange transactions 1 307 451

- 1 307 451 804 975 (502 476)

Revenue from non exchange transactions Levies

25 356 618 26 664 069

- 25 356 618 27 333 898 1 977 280 - 26 664 069 28 138 873 1 474 804

23

Total revenue

Expenditure Employee cost

(12 723 417)

- (12 723 417) (11 820 997)

902 420

23

Consumer education and awareness Audit remuneration Impairment loss Board and Committee Remuneration Professional fees and consulting Operating lease expense

(5 715 114) (1 297 349)

- (5 715 114) (4 039 391) 1 675 723

23

- (1 297 349)

(932 741) (313 622) (505 789)

364 608 (313 622) (67 264)

-

- -

-

(438 525)

(438 525)

23

(1 168 297)

- (1 168 297) (1 994 070)

(825 773) (55 004)

23 23 23 23 23

(949 882)

-

(949 882) (1 004 886)

Other operating expenses (4 175 052)

- (4 175 052) (2 355 546) 1 819 506

Depreciation Finance costs

(194 333)

- -

(194 333)

(157 604)

36 729

(2 100)

(2 100)

(2 726)

(626)

Total expenditure

(26 664 069)

- (26 664 069) (23 127 372) 3 536 697

Surplus for the period

-

-

- 5 011 501 5 011 501

Ombud Council 2025/26 Annual Report

79