{"id":366,"date":"2023-06-27T11:10:26","date_gmt":"2023-06-27T11:10:26","guid":{"rendered":"https:\/\/annualreports.ppecb.com\/2223\/?page_id=366"},"modified":"2023-08-24T14:42:01","modified_gmt":"2023-08-24T14:42:01","slug":"chief-financial-officers-report","status":"publish","type":"page","link":"https:\/\/annualreports.ppecb.com\/2223\/part-3-departmental-reports\/chief-financial-officers-report\/","title":{"rendered":"Chief Financial Officer\u2019s Report"},"content":{"rendered":"

[et_pb_section fb_built=”1″ custom_padding_last_edited=”on|tablet” module_id=”section_one” _builder_version=”4.21.0″ _module_preset=”default” background_color=”#FFFFFF” custom_padding=”76px||0px|||” custom_padding_tablet=”76px|20px|0px|20px|false|true” custom_padding_phone=”76px|20px|0px|20px|false|true” global_colors_info=”{}”][et_pb_row _builder_version=”4.20.4″ _module_preset=”default” width=”100%” max_width=”1280px” custom_padding=”||25px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.22.1″ _module_preset=”default” text_text_color=”#000000″ text_font_size=”11px” global_colors_info=”{}”]>> Part 03<\/a> > Chief Financial Officer’s Report[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row module_class=”main-heading” _builder_version=”4.22.0″ _module_preset=”default” width=”100%” max_width=”1280px” custom_padding=”||25px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.22.0″ _module_preset=”default” text_text_color=”#00adef” text_font_size=”54px” text_line_height=”1em” custom_margin=”0px||0px||true|false” custom_padding=”0px||0px||false|false” text_font_size_tablet=”36px” text_font_size_phone=”26px” text_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n

chief financial_officer\u2019s<\/p>\n

[\/et_pb_text][et_pb_text _builder_version=”4.22.0″ _module_preset=”default” text_font=”|700|||||||” text_text_color=”#000000″ text_font_size=”65px” text_line_height=”1em” custom_margin=”0px||0px|-50px|true|false” custom_margin_tablet=”0px||0px|0px|true|false” custom_margin_phone=”0px||0px|0px|true|false” custom_margin_last_edited=”on|phone” custom_padding=”14px||0px||false|false” text_font_size_tablet=”45px” text_font_size_phone=”30px” text_font_size_last_edited=”on|tablet” global_colors_info=”{}”]<\/p>\n

\/\/report<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,3_4″ _builder_version=”4.20.4″ _module_preset=”default” width=”100%” max_width=”1280px” module_alignment=”center” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” text_text_color=”#00adef” link_text_color=”#00adef” link_letter_spacing=”5px” transform_translate=”-14px|0px” transform_translate_linked=”off” transform_rotate=”0deg|0deg|90deg” width=”70px” height=”10px” custom_margin=”20px||||false|false” global_colors_info=”{}” link_text_color__hover_enabled=”on|desktop” link_text_color__hover=”#000000″ link_letter_spacing__hover_enabled=”on|desktop” link_letter_spacing__hover=”10px”]<\/p>\n

>>><\/a><\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”3_4″ _builder_version=”4.20.4″ _module_preset=”default” custom_padding=”||||false|false” custom_padding_tablet=”|0px|||false|false” custom_padding_phone=”|0px|||false|false” custom_padding_last_edited=”on|desktop” global_colors_info=”{}”][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” text_font=”Andale Mono|700|||||||” text_text_color=”#00adef” text_font_size=”12px” text_line_height=”1.3em” text_orientation=”right” custom_margin=”||||false|false” text_orientation_tablet=”center” text_orientation_phone=”center” text_orientation_last_edited=”on|tablet” global_colors_info=”{}”]<\/p>\n

the _Perishable Products Export Control Board<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.21.0″ _module_preset=”default” width=”100%” max_width=”1280px” module_alignment=”center” custom_padding=”||98px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.22.0″ _module_preset=”default” text_font=”||||||||” text_text_color=”#00adef” text_font_size=”20px” text_line_height=”1.3em” width=”100%” module_alignment=”left” locked=”off” global_colors_info=”{}”]<\/p>\n

>> As the Chief Financial Officer of the Perishable Products Export Control Board, it is my pleasure to present the _audited annual financial statements for the\/\/ financial year ended 31 March 2023 and report that the PPECB has once again received an unqualified audit opinion for the year _under review.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_5,1_5,1_5,1_5,1_5″ use_custom_gutter=”on” gutter_width=”2″ make_equal=”on” _builder_version=”4.22.0″ _module_preset=”default” max_width=”1280px” locked=”off” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.22.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_code module_class=”number-count-element” _builder_version=”4.22.1″ _module_preset=”default” custom_margin=”||||false|false” global_colors_info=”{}”]<\/p>\n

23<\/span><\/div>\n

[\/et_pb_code][et_pb_text _builder_version=”4.22.0″ _module_preset=”default” text_font=”Andale Mono|700|||||||” text_text_color=”#000000″ text_line_height=”1.4em” header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” min_height=”70px” custom_margin=”||15px||false|false” text_orientation_tablet=”center” text_orientation_phone=”center” text_orientation_last_edited=”on|tablet” border_width_right=”2px” border_color_right=”#00ADEF” locked=”off” global_colors_info=”{}”]Reserve \/
\nExpenditure
\nCover Ratio[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.22.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_code module_class=”number-count-element” _builder_version=”4.22.1″ _module_preset=”default” custom_margin=”||||false|false” global_colors_info=”{}”]<\/p>\n

83<\/span><\/div>\n

[\/et_pb_code][et_pb_text _builder_version=”4.22.0″ _module_preset=”default” text_font=”Andale Mono|700|||||||” text_text_color=”#000000″ text_line_height=”1.4em” header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” min_height=”70px” custom_margin=”||15px||false|false” text_orientation_tablet=”center” text_orientation_phone=”center” text_orientation_last_edited=”on|tablet” border_width_right=”2px” border_color_right=”#00ADEF” locked=”off” global_colors_info=”{}”]Cash Backed
\n Reserve
\nRatio[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.22.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_code module_class=”number-count-element” _builder_version=”4.22.1″ _module_preset=”default” custom_margin=”||||false|false” locked=”off” global_colors_info=”{}”]<\/p>\n

3.2<\/span><\/div>\n

[\/et_pb_code][et_pb_text _builder_version=”4.22.0″ _module_preset=”default” text_font=”Andale Mono|700|||||||” text_text_color=”#000000″ text_line_height=”1.4em” header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” min_height=”70px” custom_margin=”||15px||false|false” text_orientation_tablet=”center” text_orientation_phone=”center” text_orientation_last_edited=”on|tablet” border_width_right=”2px” border_color_right=”#00ADEF” locked=”off” global_colors_info=”{}”]Current
\nAsset
\nRatio[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.22.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_code module_class=”number-count-element” _builder_version=”4.22.0″ _module_preset=”default” custom_margin=”||||false|false” locked=”off” global_colors_info=”{}”]<\/p>\n

45<\/span><\/div>\n

[\/et_pb_code][et_pb_text _builder_version=”4.22.0″ _module_preset=”default” text_font=”Andale Mono|700|||||||” text_text_color=”#000000″ text_line_height=”1.4em” header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” min_height=”70px” custom_margin=”||15px||false|false” text_orientation_tablet=”center” text_orientation_phone=”center” text_orientation_last_edited=”on|tablet” border_width_right=”2px” border_color_right=”#00ADEF” locked=”off” global_colors_info=”{}”]Collection
\nPeriod
\nDays[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.22.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_code module_class=”number-count-element” _builder_version=”4.22.1″ _module_preset=”default” custom_margin=”||||false|false” locked=”off” global_colors_info=”{}”]<\/p>\n

0.04<\/span><\/div>\n

[\/et_pb_code][et_pb_text _builder_version=”4.22.0″ _module_preset=”default” text_font=”Andale Mono|700|||||||” text_text_color=”#000000″ text_line_height=”1.4em” header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” min_height=”70px” custom_margin=”||15px||false|false” text_orientation_tablet=”center” text_orientation_phone=”center” text_orientation_last_edited=”on|tablet” locked=”off” global_colors_info=”{}”]<\/p>\n

Bad Debt
as % of
Income<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row use_custom_gutter=”on” gutter_width=”2″ make_equal=”on” _builder_version=”4.22.1″ _module_preset=”default” max_width=”1280px” border_width_bottom=”4px” border_color_bottom=”#00ADEF” border_style_bottom=”dotted” locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.22.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_class=”section-content” _builder_version=”4.22.1″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||14px|||” locked=”off” global_colors_info=”{}”]The resilience of the agricultural industry, the PPECB and its employees enabled the entity to successfully navigate a challenging year amid poor weather conditions, an unprecedented energy crisis, logistical challenges, climate shocks, and a less than favourable external environment. Management at an operational level continued with business as usual, with minimal disruption to service delivery, thus enabling the PPECB to retain focus on its strategic projects, including the implementation of release one of the Enterprise Resource Planning (ERP) system, improvements and enhancements on the TITAN 2.0\u00ae<\/span> platform, attainment of 89.4% on its organisational customer satisfaction index and 100% achievement on its fourteen predetermined objectives.<\/p>\n

Supply Chain Management (SCM) controls and processes continue to be in place and strengthened. The necessity to focus on internal controls related to enhancing contract management, limiting irregular, fruitless and wasteful expenditure and improving on sound asset management has not gone unnoticed. This will continue to be areas of priority for the upcoming financial year.<\/p>\n

The PPECB has delivered pleasing financial results, with a surplus of R12.5 million, with a total income of R596.5 million and total expenditure of R584.1 million reported. The PPECB\u2019s financial position at year-end remains strong, with cash reserves of R152.5 million, working capital of R153.7 million and a general reserve fund of R132.0 million reported. Short-term liabilities include a R19.5 million performance incentive provision and trade payables of R48.7 million.<\/p>\n

Trade and other receivables, a significant component to the entity\u2019s financial health continued to be well managed with clear focus on collections and responsible trade credit limit extensions. The PPECB\u2019s audited financial results reflect an improvement on budget of R40.6 million, primarily due to improved volumes on all products barring grapes, avocados, mangoes, groundnuts, and litchis. The Laboratory reflects a negligible revenue growth against the prior year, mainly due to unrealised mycotoxin commercial samples analysed. The underspend on operating expenses is mainly due to the postponement of Human Capital (training) and Information and Communications Technology (ICT) initiatives. The exceedance on employee compensation and benefits is related to salary adjustments for a number of operational employees who met the necessary competency requirements as well as conversions of seasonal contract employees to permanent.[\/et_pb_text][et_pb_text module_class=”section-content” _builder_version=”4.22.1″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||14px|||” locked=”off” global_colors_info=”{}”]<\/p>\n

Our commitment to responsible financial management is evident in our strong liquidity position and prudent risk management practices. We have maintained a healthy balance sheet and strong cash flow with a current ratio of 3.2 and an 83% level of cash-backed reserves.<\/p>\n

Our commitment to digital transformation and adoption of digital solutions has enabled us to streamline operations, automate processes and optimise certain costs. While digital transformation offers significant opportunities, it also presents certain challenges and risks that need to be addressed. Protecting sensitive data, both client and operational, is paramount. We have implemented robust cybersecurity measures to ensure data integrity and prevent unauthorised access.<\/p>\n

Rural areas face limitations in terms of internet connectivity and infrastructure readiness, which hinders the widespread adoption of digital solutions and online training. The cost of digital transformation is reflected in the computer expenses of R48.7 million.<\/p>\n

We remain committed to investing in digital infrastructure, research and development, and partnerships to drive further innovation and capitalise on emerging technologies. We will actively seek collaborations with technology providers, financial institutions, and research organisations to foster knowledge sharing, accelerate innovation, and address industry\u0002wide challenges. The digital transformation of the agriculture economy has reshaped our operations, improved financial performance, and positioned us at the forefront of innovation in the industry. We remain dedicated to harnessing the power of technology to drive growth, enhance efficiency and contribute to a sustainable and resilient agriculture economy.<\/p>\n

[\/et_pb_text][et_pb_text module_class=”default-subheading” _builder_version=”4.22.0″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||-1px|||” locked=”off” global_colors_info=”{}”]<\/p>\n

Financial highlights for the financial year ended 31 March 2023:<\/h2>\n

[\/et_pb_text][et_pb_text module_class=”section-content ul-arrow” _builder_version=”4.22.0″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||14px|||” locked=”off” global_colors_info=”{}”]<\/p>\n

    \n
  • A significant R12.5 million surplus was generated for accumulation in the general reserve fund, with a total income of R576.8 million and total expenditure of R584.1 million reported;<\/li>\n
  • A healthy R152.5 million in cash and cash equivalents is reported;<\/li>\n
  • Favourable working capital of R153.6 million enables the PPECB to meet financial obligations when they fall due;<\/li>\n
  • Trade and other receivables of R72.0 million have an average collection period of 45 days, with debtors impairment of 0.3% of total receivables;<\/li>\n
  • Property, plant, and equipment has a book value of R49.1 million. Computer equipment of R6.0 million (mainly laptops and tablets) was acquired to support the execution of the digital transformation strategy;<\/li>\n
  • Revenue realisation of R576.8 million is a 4.7% augmentation on the prior year due to successful citrus, pome and maize volume exports. Barring grapes,avocados, mangoes, litchis and groundnuts, all major products exported exceeded budget expectations;<\/li>\n
  • Investment interest of R10.8 million is reported, a R4.8 million augmentation on the prior year;<\/li>\n
  • Operating expenses of R584.1 million reflect a R57.0 million increase on the prior year and a R4.2 million improvement on the budget; and<\/li>\n
  • Computer expenses of R48.7 million were incurred, a R9.2 million (23%) increase against the prior year, costs necessitated for the digital transformation strategy. This includes licence fees of R24.3 million, mainly related to Microsoft Cloud Services and Enterprise <\/li>\n
  • Agreement, Access Point Name (APN), bandwidth, Voice over Internet Protocol (VOIP) and hardware costs of R8.3 million, ERP implementation costs of R14.1 million and R2.0 million of tablet and laptop accessories and cabling.<\/li>\n<\/ul>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row use_custom_gutter=”on” gutter_width=”2″ make_equal=”on” _builder_version=”4.22.0″ _module_preset=”default” max_width=”1280px” border_width_bottom=”4px” border_color_bottom=”#00ADEF” border_style_bottom=”dotted” locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.22.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_class=”default-subheading” _builder_version=”4.22.0″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”0px||||false|false” locked=”off” global_colors_info=”{}”]<\/p>\n

    Future Outlook<\/h2>\n

    [\/et_pb_text][et_pb_text module_class=”section-content” _builder_version=”4.22.0″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||14px|||” locked=”off” global_colors_info=”{}”]Looking ahead, we are cautiously optimistic about the future. While uncertainties remain, we believe that our strong financial foundation, resilient business model, and dedicated team will position us for continued success. We will continue to prioritise financial discipline, innovation, and customer satisfaction to drive growth and create long-term value for our stakeholders.[\/et_pb_text][et_pb_text module_class=”default-subheading” _builder_version=”4.22.0″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||-1px|||” locked=”off” global_colors_info=”{}”]<\/p>\n

    Summary Financial Performance:<\/h2>\n

    [\/et_pb_text][et_pb_text module_class=”section-content” _builder_version=”4.22.0″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||14px|||” locked=”off” global_colors_info=”{}”]\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t
    <\/th>Mar-23
    \n R \u2018000<\/th>    		Mar-22
    \n R \u2018000<\/th>    		Index
    \n%<\/th>    		B2023
    \n R \u2018000<\/th>\n<\/tr>\n<\/thead>\n
    INCOME<\/td>596,517<\/td>562,454<\/td>106%<\/td>560,111<\/td>\n<\/tr>\n
    TOTAL EXPENDITURE<\/td>584,053<\/td>527,016<\/td>111%<\/td>588,277<\/td>\n<\/tr>\n
    Employee compensation and benefits<\/td>414,117<\/td>374,484<\/td>111%<\/td>401,239<\/td>\n<\/tr>\n
    Operating expenses<\/td>169,936<\/td>152,531<\/td>111%<\/td>187,037<\/td>\n<\/tr>\n
    Finance costs<\/td>-<\/td>1<\/td>37%<\/td>-<\/td>\n<\/tr>\n
    SURPLUS \/ (DEFICIT)<\/td>12,465<\/td>35,438<\/td>35%<\/td>-28,166<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/et_pb_text][et_pb_text module_class=”default-subheading” _builder_version=”4.22.1″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||-1px|||” hover_enabled=”0″ locked=”off” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

    Summary Financial Position:<\/h2>\n

    [\/et_pb_text][et_pb_text module_class=”section-content” _builder_version=”4.22.0″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||14px|||” locked=”off” global_colors_info=”{}”]\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t
    <\/th>Mar-23
    \n R \u2018000<\/th>    		Mar-22
    \n R \u2018000<\/th>    		F23\/F22
    \nR Variance<\/th>    		F23\/F22
    \n % Variance <\/th>\n<\/tr>\n<\/thead>\n
    Current Assets<\/td>224,543<\/td>225,747<\/td>-1,204<\/td>-1%<\/td>\n<\/tr>\n
    Property, plant, and equipment<\/td>49,102<\/td>46,117<\/td>2,985<\/td>6%<\/td>\n<\/tr>\n
    TOTAL ASSETS<\/td>273,645<\/td>271,864<\/td>1,781<\/td>1%<\/td>\n<\/tr>\n
    Current Liabilities<\/td>70,988<\/td>81,672<\/td>-10,684 <\/td>-13%<\/td>\n<\/tr>\n
    RESERVES<\/td>202,657<\/td>190,192<\/td>12,465<\/td>7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.22.0″ _module_preset=”default” width=”100%” max_width=”1280px” module_alignment=”center” custom_padding=”||98px|||” locked=”off” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/annualreports.ppecb.com\/2223\/wp-content\/uploads\/2023\/08\/new_shots_reports6.jpg” title_text=”new_shots_reports6″ module_class=”hover-image” _builder_version=”4.22.1″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][et_pb_text module_class=”section-content” _builder_version=”4.22.1″ _module_preset=”default” text_font=”Open Sans||||||||” header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||14px|||” locked=”off” global_colors_info=”{}”]<\/p>\n

    Johan Schwiebus<\/h2>\n

    Chief Financial Officer
    PPECB<\/h3>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_class=”default-subheading” _builder_version=”4.22.0″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”0px||||false|false” locked=”off” global_colors_info=”{}”]<\/p>\n

    Acknowledgements<\/h2>\n

    [\/et_pb_text][et_pb_text module_class=”section-content ul-arrow” _builder_version=”4.22.0″ _module_preset=”default” text_font=”Open Sans||||||||” text_text_color=”#000000″ header_2_font=”Open Sans|600|||||||” header_2_text_align=”left” header_2_text_color=”#00adef” header_2_font_size=”15px” header_2_line_height=”1.9em” custom_margin=”||14px|||” locked=”off” global_colors_info=”{}”]I would like to extend my personal appreciation to the PPECB Board, the Chief Executive Officer, my fellow executives, employees, customers, and partners for their unwavering support and trust. To my finance team, thank you for your unwavering dedication to supporting both internal and external stakeholders with passion, professionalism, and integrity. I am confident that together, we can navigate the challenges that come our way and achieve even greater success in the years to come.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.20.4″ _module_preset=”default” custom_padding=”24px|||||” global_module=”474″ saved_tabs=”all” global_colors_info=”{}”][et_pb_row _builder_version=”4.22.1″ _module_preset=”default” width=”100%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.22.1″ _module_preset=”default” text_font=”|700|||||||” text_text_color=”#000000″ text_font_size=”16px” text_line_height=”1em” text_orientation=”center” custom_margin=”110px||||false|false” custom_padding=”14px||0px||false|false” global_colors_info=”{}”]<\/p>\n

    \/\/quick Links<\/p>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3″ make_equal=”on” module_class=”quick-links” _builder_version=”4.22.1″ _module_preset=”default” width=”100%” locked=”off” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.22.1″ _dynamic_attributes=”link_option_url” _module_preset=”default” background_color=”#efefef” custom_padding=”10px|30px|30px|10px|false|false” link_option_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjI0MyJ9fQ==@” link_option_url_new_window=”on” border_width_all=”2px” border_color_all=”#FFFFFF” global_colors_info=”{}” border_width_all__hover_enabled=”off|hover” border_color_all__hover_enabled=”on|desktop” border_color_all__hover=”#00adef” background__hover_enabled=”on|desktop” background_color__hover=”#FFFFFF” background_enable_color__hover=”on”][et_pb_text _builder_version=”4.22.1″ _module_preset=”default” text_font=”|||on|||||” header_3_font=”|600|||||||” header_3_text_color=”#000000″ header_3_font_size=”14px” header_3_line_height=”1.2em” custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” global_colors_info=”{}”]<\/p>\n

    Forewords<\/h3>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.22.1″ _dynamic_attributes=”link_option_url” _module_preset=”default” background_color=”#efefef” custom_padding=”10px|30px|30px|10px|false|false” link_option_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjMyNSJ9fQ==@” link_option_url_new_window=”on” border_width_all=”2px” border_color_all=”#FFFFFF” global_colors_info=”{}” background_color__hover=”#FFFFFF” background__hover_enabled=”on|desktop” border_color_all__hover=”#00adef” border_color_all__hover_enabled=”on|desktop” background_enable_color__hover=”on”][et_pb_text _builder_version=”4.22.1″ _module_preset=”default” text_font=”|||on|||||” header_3_font=”|600|||||||” header_3_text_color=”#000000″ header_3_font_size=”14px” header_3_line_height=”1.2em” custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” global_colors_info=”{}”]<\/p>\n

    Governance & Administrative Information<\/span><\/h3>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.22.1″ _dynamic_attributes=”link_option_url” _module_preset=”default” background_color=”#efefef” custom_padding=”10px|30px|30px|10px|false|false” link_option_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjM1NSJ9fQ==@” link_option_url_new_window=”on” border_width_all=”2px” border_color_all=”#FFFFFF” global_colors_info=”{}” background_color__hover=”#FFFFFF” background__hover_enabled=”on|desktop” border_color_all__hover=”#00adef” border_color_all__hover_enabled=”on|desktop” background_enable_color__hover=”on”][et_pb_text _builder_version=”4.22.1″ _module_preset=”default” text_font=”|||on|||||” header_3_font=”|600|||||||” header_3_text_color=”#000000″ header_3_font_size=”14px” header_3_line_height=”1.2em” custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” global_colors_info=”{}”]<\/p>\n

    Departmental Reports<\/span><\/h3>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3″ make_equal=”on” module_class=”quick-links” _builder_version=”4.22.1″ _module_preset=”default” width=”100%” locked=”off” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.22.1″ _dynamic_attributes=”link_option_url” _module_preset=”default” background_color=”#efefef” custom_padding=”10px|30px|30px|10px|false|false” link_option_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjM3NiJ9fQ==@” link_option_url_new_window=”on” border_width_all=”2px” border_color_all=”#FFFFFF” global_colors_info=”{}” border_width_all__hover_enabled=”off|hover” border_color_all__hover_enabled=”on|desktop” border_color_all__hover=”#00adef” background__hover_enabled=”on|desktop” background_color__hover=”#FFFFFF” background_enable_color__hover=”on”][et_pb_text _builder_version=”4.22.1″ _module_preset=”default” text_font=”|||on|||||” header_3_font=”|600|||||||” header_3_text_color=”#000000″ header_3_font_size=”14px” header_3_line_height=”1.2em” custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” global_colors_info=”{}”]<\/p>\n

    Annual Financial Statements<\/span><\/h3>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.22.1″ _dynamic_attributes=”link_option_url” _module_preset=”default” background_color=”#efefef” custom_padding=”10px|30px|30px|10px|false|false” link_option_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjQwMiJ9fQ==@” link_option_url_new_window=”on” border_width_all=”2px” border_color_all=”#FFFFFF” global_colors_info=”{}” background_color__hover=”#FFFFFF” background__hover_enabled=”on|desktop” border_color_all__hover=”#00adef” border_color_all__hover_enabled=”on|desktop” background_enable_color__hover=”on”][et_pb_text _builder_version=”4.22.1″ _module_preset=”default” text_font=”|||on|||||” header_3_font=”|600|||||||” header_3_text_color=”#000000″ header_3_font_size=”14px” header_3_line_height=”1.2em” custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” global_colors_info=”{}”]<\/p>\n

    Strategic Plan<\/span><\/h3>\n

    [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.22.1″ _dynamic_attributes=”link_option_url” _module_preset=”default” background_color=”#efefef” custom_padding=”10px|30px|30px|10px|false|false” link_option_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjY5MiJ9fQ==@” link_option_url_new_window=”on” border_width_all=”2px” border_color_all=”#FFFFFF” global_colors_info=”{}” background_color__hover=”#FFFFFF” background__hover_enabled=”on|desktop” border_color_all__hover=”#00adef” border_color_all__hover_enabled=”on|desktop” background_enable_color__hover=”on”][et_pb_text _builder_version=”4.22.1″ _module_preset=”default” text_font=”|||on|||||” header_3_font=”|600|||||||” header_3_text_color=”#000000″ header_3_font_size=”14px” header_3_line_height=”1.2em” custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” global_colors_info=”{}”]<\/p>\n

    Organisational Performance Report<\/span><\/h3>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

    >> Part 03 > Chief Financial Officer’s Reportchief financial_officer\u2019s\/\/report>>>the _Perishable Products Export Control Board>> As the Chief Financial Officer of the Perishable Products Export Control Board, it is my pleasure to present the _audited annual financial statements for the\/\/ financial year ended 31 March 2023 and report that the PPECB has once again received an […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":355,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-366","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/annualreports.ppecb.com\/2223\/wp-json\/wp\/v2\/pages\/366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/annualreports.ppecb.com\/2223\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/annualreports.ppecb.com\/2223\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/annualreports.ppecb.com\/2223\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/annualreports.ppecb.com\/2223\/wp-json\/wp\/v2\/comments?post=366"}],"version-history":[{"count":37,"href":"https:\/\/annualreports.ppecb.com\/2223\/wp-json\/wp\/v2\/pages\/366\/revisions"}],"predecessor-version":[{"id":2759,"href":"https:\/\/annualreports.ppecb.com\/2223\/wp-json\/wp\/v2\/pages\/366\/revisions\/2759"}],"up":[{"embeddable":true,"href":"https:\/\/annualreports.ppecb.com\/2223\/wp-json\/wp\/v2\/pages\/355"}],"wp:attachment":[{"href":"https:\/\/annualreports.ppecb.com\/2223\/wp-json\/wp\/v2\/media?parent=366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}