Pr<strong>of</strong>. Niel Viljoen, Ho<strong>of</strong>direkteur: Bedryf.dente op die planke tebring. Dit sal tot werkskeppinglei en moetook dien om meer nagraadsestudente tewerf. In Natuur- enLandbouwetenskappe isverskeie entrepreneurieseaktiwiteite aangepak.Die Disaster ManagementTraining andEducation Programmefor Africa (DiMTEC) het’n bedrag van ongeveerR700 000 van die Departementvan Wetenskapen Tegnologie gekryom leerlingskappevir studente in 2006 teinisieer. Die skenkingsal jaarliks hernu word,mits die uitkomste gunstigis.Ingevolge ’n ooreenkoms wat diefakulteit met die Mangaung-munisipaliteitgesluit het as vennoot in die LengauLandbou-ontwikkelingsprojek vir dieopleiding van opkomende en kleinskaalseboere op een van sy proefplase, hetdié munisipaliteit R2,8 miljoen beskikbaargestel. Die Vigssentrum se dr. PetroBasson het meer as R200 000 ingesamelom programme aan te bied.In die Fakulteit Gesondheidswetenskappehet veral die Departement Pediatrieen Kindergesondheid hom onderskeimet innoverende geldinsamelingsprojektevir die opgradering envervanging van toerusting. Dié departementsien jaarliks in die Universitas- enPelonomi-hospitaal om na duisendekinders met spesiale behoeftes, watkinders en babas insluit wat intensiewesorg nodig het, asook kinders metkanker, hart- en neurologiese siektes, envroeggebore babas.Die departement het in samewerkingmet die radiostasie OFM ’nAmazing Rainbow Rally (geskoei op dieTV-realiteitsreeks Amazing Race) inBloemfontein aangebied, in ’n anderprojek met die Vrystaat Cheetahs(Edms.) Bpk hande gevat, en in Oktober’n Rosebal saam met Medi-Clinic gehou.Die Fakulteit Gesondheidswetenskappehet ook met die hulp van UV-Bemarking begin om in Gauteng nouerbande met farmaseutiese maatskappyete smee met die oog op meer kontraknavorsing.Koshuise finansieelgesondDie Afdeling Verblyfdienste het in 2005’n verwagte surplus van R1,3 miljoengehad, ondanks die R3,68 miljoen wataan die opgradering van koshuise besteeis. Die afdeling het ook daarin geslaagom bykans R2 miljoen op uitstaanderekenings te verhaal.Die uithuur van koshuise in vakansietyehet ’n bykomende R3 miljoen ingebring.Huisvesting is met 23 konferensiesop die ho<strong>of</strong>kampus verskaf, en by Qwaqwais kongresgangers en matrieknasienersook vir die eerste keer sedert inlywinggehuisves.FinanceThe budget process is built around <strong>the</strong>pillars <strong>of</strong> core categories <strong>of</strong> spendingthat supports best budgeting practiceand compliments strategic goals. Morethan R350 million has been made availablefrom 2000 to 2005 to finance <strong>the</strong>strategic objectives <strong>of</strong> <strong>the</strong> university.Non-current assets: Non-current assetsincreased by 25,5% compared to2004. This is mainly attributable to70
growth in investments to <strong>the</strong> amount <strong>of</strong>R195,5 m including <strong>the</strong> re-evaluation <strong>of</strong>investments to market value at year end.Spending on property, plant and equipmentwas R53,3 m (2004 R39,3 m).Current assets: Current assets increasedby 16,2% compared to 2004. Thisis mainly attributable to growth in investments<strong>of</strong> R98,4 m including <strong>the</strong> reevaluation<strong>of</strong> investments to marketvalue at year end.Funds: The net increase <strong>of</strong> R214,2 min funds includes a recapitalisation grantfrom <strong>the</strong> Department <strong>of</strong> Education <strong>of</strong>R25,3 m, pr<strong>of</strong>it on realization <strong>of</strong> trustfunds <strong>of</strong> R3,1 m, amounts received notexpended <strong>of</strong> R21,2 m, a revaluation <strong>of</strong>investment to market value at year end<strong>of</strong> R74,9 m and a net surplus <strong>of</strong> R100,1 m<strong>of</strong> which only R29,4 m is available asunrestricted non-designated funds.General: Total income increasedwith R63,3 m, mainly because <strong>of</strong> an increasein subsidies and grants <strong>of</strong> R39,3 mand tuitions and o<strong>the</strong>r fee income <strong>of</strong>R16,8. Total expenditure increased withR43,9 m, which is mainly attributable toefficient spending as a result <strong>of</strong> <strong>the</strong> turningstrategy completed in 2004. Althoughstaff costs have decreased in relativeterms ano<strong>the</strong>r objective <strong>of</strong> <strong>the</strong> turningstrategy, to increase remuneration <strong>of</strong>staff to catch up with a perceived backlog,has been met in <strong>the</strong> sense that generalsalary increases from 2002 to 2005exceeded <strong>the</strong> rise <strong>of</strong> inflation as measuredby <strong>the</strong> CPI by 18,2%.A period <strong>of</strong> consolidation has clearlydawned. Student numbers were slightlydown from 2004's peak and, it being <strong>the</strong>main driver <strong>of</strong> income generation, <strong>the</strong>amount available for <strong>the</strong> financing <strong>of</strong>strategic projects was also somewhatlower. One <strong>of</strong> <strong>the</strong> objectives <strong>of</strong> <strong>the</strong> turningstrategy, to decrease <strong>the</strong> dependenceupon income generated by student numbers,in o<strong>the</strong>r words by government subsidyand tuition fees, has however notbeen met. In 2000 69,3% <strong>of</strong> income wasderived from <strong>the</strong>se sources. In 2003,2004 and 2005 it amounted to 80,7%,84,2% and 83,4% respectively.BalansstaatBalance sheet2005 2004Bates (Rm) (Rm) AssetsNie-bedryfsbates 936 815 745 908 Non-operating assetsBedryfsbates 562 563 483 961 Current assetsTotale bates 1 499 378 1 229 869 Total assetsFondse en lasteFunds and liabilitiesFondse beskikbaar 1 115 254 901 030 Funds availableNie-bedryfslaste 277 382 253 954 Non-current liabilitiesBedryfslaste 106 742 74 885 Current liabilitiesTotale fondse en laste 1 499 378 1 229 869 Total funds and liabilitiesInkomstestaatIncome <strong>State</strong>mentTotale inkomste 867 928 804 596 Total incomeStaatsubsidie & toekennings 438 924 399 609 Government subsidy & grantsKlasgelde en anderTuition fees and o<strong>the</strong>rfooi-inkomste 250 115 233 280 fee incomeKontrakte 23 701 34 466 ContractsGoedere en dienste 43 615 26 287 Goods and servicesSkenkings 8 191 8 248 DonationsRente en dividende 61 025 48 978 Interest and dividendsBeleggingsinkomste - 39 258 50 801 Investment income -Wins met realisasiePr<strong>of</strong>it on realisationAnder 3 101 2 175 O<strong>the</strong>rTotale uitgawes 746 507 702 616 Total expenditurePersoneelvergoeding 432 076 412 071 Staff remunerationAnder bedryfsuitgawes 259 962 247 585 O<strong>the</strong>r operating expenditureDepresiasie 43 763 38 252 DepreciationFinansieringskoste 4 017 4 971 Finance costsAnder 6 689 (263) O<strong>the</strong>rNetto surplus voor oordragte 121 422 101 980 Net surplus before transfersOngespandeerde bedrae (21 234) (17 427) Amounts received not expendedNetto surplus na oordragte 100 188 84 533 Net surplus after transfersKontantvloeistaatCash Flow <strong>State</strong>mentNetto kontantvloei uit 270 065 62 239 Net cash flow frombedryfsaktiwiteiteoperating activitiesNetto kontant aangewend (264 723) (98 488) Cash utilised inin beleggingsaktiwiteiteinvesting activitiesKontant uit finansierings- 23 102 (4 890) Cash from/(utilised in)aktiwiteitefinancing activitiesKontant en kontant 382 41 521 Cash and cashekwivalente aan dieequivalentsbegin van die jaarat beginning <strong>of</strong> yearKontant en kontant 28 825 382 Cash and cashekwivalente aan dieequivalentseinde van die jaarat end <strong>of</strong> year71