Agriculture

Question by: 
Hon Andricus van der Westhuizen
Answered by: 
Hon Ivan Meyer
Question Number: 
1
Question Body: 
  1. What have been the costs associated with auditing the financial statements of (i) his Department and (ii) its entity, Casidra, in (aa) 2017/18, (bb) 2018/19, (cc) 2019/20, (dd) 2020/21 and (ee) 2021/22, (b) what were the year-on-year percentage changes of these costs and (c) what were the year-on-year percentage changes in the net income of his Department in the last five financial years?

 

Answer Body: 

 

(i) Department of Agriculture:

 

Financial year

 

Audit Fee

R’000

Percentage change on previous year

Revenue for the year

R’000

Percentage change on previous year

(aa)

2017/18

4 005

 

866 869

 

(bb)

2018/19

3 934

-1.8%

1 108 571

27.9%

(cc)

2019/20

4 143

5.3%

928 920

-16.2%

(dd)

2020/21

4 175

0.8%

917 856

-1.2%

(ee)

2021/22

4 132

-1.0%

892 787

-2.7%

 

(ii) Casidra SOC Ltd:

 

Financial year

 

Audit Fee

R’000

Percentage change on previous year

Revenue for the year

R’000

Percentage change on previous year

(aa)

2017/18

372

 

347 755

 

(bb)

2018/19

780

109.7%

378 241

8.8%

(cc)

2019/20

837

6.8%

511 738

35.3%

(dd)

2020/21

521

-37.8%

277 363

-45.8%

(ee)

2021/22

729

39.92%

216 492

-22.0%

Date: 
Friday, November 4, 2022
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