Printing SA Annual Report 2024/2025

Printing Industries Federation Of South Africa (PIFSA) NPC (Registration number: 1990/001772/08) Annual Financial Statements for the year ended 31 December 2024 Notes to the Annual Financial Statements Figures in Rand 2024 2023 10.Cash used in operations Net profit before taxation 9 591 862 4 064 518 Adjustments for: Depreciation 323 387 325 404 Loss (profit) on sale of assets and liabilities 11 635 (24 798) Fair value adjustments (1 661 772) (4 505 129) Dividends - (2 951 857) Movement in Bursary Funds (22 300) (30 550) Investment income (9 143 909) (1 812 355) Finance costs 12 922 712 Changes in working capital: (Increase) decrease in trade and other receivables (3 024 258) 576 377 Increase (decrease) in trade and other payables 1 306 166 269 511 (2 606 267) (4 088 167) 11.Related parties Relationships Associate chambers Printing Industries Federation of South Africa - National Office Chamber

Printing Industries Federation of South Africa - Cape Chamber Printing Industries Federation of South Africa - KZN Chamber Printing Industries Federation of South Africa - Central Chamber

Associates

South African Screen Printing Association ISOE Discretionary Grant

Members of the board

ST Downes (President) LRS Wright (Past President) JD Naicker (Managing Director) Z Bagus (Technical, Training and Business Development)

AG Tinker (Central Chamber Co Chairman) HM Burger (Central Chamber Co Chairman)

R Shogoe (Cape Chamber Chairman) RT Downes (KwaZulu-Natal Chairman) F Yende Related party balances and transactions with other related parties Related party balances Loan accounts - Owing (to) by related parties South African Screen Printing Association

8 604

8 931

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