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The South African National Roads Agency Soc Ltd Annual Report 2015

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The South African National Roads Agency Soc Ltd Annual Report 2015 THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LTD ANNUAL REPORT 2015 VISION To be recognised as a world leader in the provision of a superior primary road network in southern Africa. MISSION As the custodian of a public good, we are committed to the advancement of the southern African community through: • A highly motivated and professional team. • State-of-the-art technology. • Proficient service providers. • Promoting the user-pays principle. CORE VALUES EP2IC E-xcellence P-roactiveness P-articipativeness I-ntegrity C-are Annual Report 2015 1 THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LIMITED The South African National Roads Agency SOC Limited from allocations made by the National Treasury. Toll roads (SANRAL) was established in 1998 as an independent, (15 percent of the total national road network) are funded statutory company registered in terms of the Companies Act either through public-private partnerships or capital market (2008). The South African government, represented by the borrowings. Minister of Transport, is the sole shareholder and owner of SANRAL. SANRAL adds value to developmental initiatives in the fields of transport, education, health and development of SANRAL has a distinct mandate – to finance, improve, communities. We take pride in our role as a partner in the manage, maintain and upgrade the national road network. development of all South African communities and see this We are committed to carrying out our mandate in a manner as closely aligned with our core function. that protects and preserves the environment through context-sensitive solutions. SANRAL makes a significant contribution towards road safety by maintaining and improving the road environment The South African national road network consists of and by identifying and addressing road safety concerns. We 21 403km of roads. This network seamlessly connects major also align with local and international road safety authorities cities, towns and rural areas, supporting economic growth to learn more and improve the safety of the national road and social development and contributing to job creation in network for road users. the country. We will continue to actively participate in communities SANRAL has two primary sources of income. Non-toll roads across South Africa and support the development of the (85 percent of the total national road network) are funded country’s human capital through our support for education. 2 The South African National Roads Agency SOC Limited The National Road Network TABLE OF CONTENTS CHAIRPERSON’S REPORT ............................................................ 4 CHIEF EXECUTIVE OFFICER’S REPORT .................................. 6 BOARD OF DIRECTORS ................................................................ 10 SECTION 1: THE NATIONAL ROAD NETWORK ......................... 14 1.1 Sustainability reporting ....................................................... 16 1.2 Funding ..................................................................................... 16 1.3 Technological innovation ..................................................... 19 1.4 Engineering overview ........................................................... 21 1.5 Road network management ............................................. 40 1.6 Road safety management ................................................. 46 1.7 Land portfolio management .............................................. 55 SECTION 2: DEVELOPING COMMUNITIES AND SUSTAINING THE ENVIRONMENT ....................................................................56 2.1 Community development ................................................. 58 2.2 Environmental management ........................................... 66 SECTION 3: CORPORATE OVERVIEW, PERFORMANCE AND GOVERNANCE INFORMATION ......................................... 74 3.1 Corporate overview .............................................................. 76 3.2 Corporate performance information ................................88 3.3 Corporate governance ......................................................... 92 SECTION 4: FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2015 ................................................. 106 4.1 Report of the Auditor-General ....................................... 108 4.2 Director’s report ................................................................... 112 4.3 Statement of responsibility by the Board of Directors 118 4.4 Certificate by the Company Secretary .......................... 119 Statement of financial position ....................................... 120 Statement of comprehensive income ............................ 121 Statement of change in equity ........................................ 122 Statement of cash flow ..................................................... 123 Accounting policies............................................................ 124 Notes to the financial statements ................................. 137 Annual Report 2015 3 The South African National Roads Agency SOC Limited to ensure that the organisation was productive during the year. We are satisfied that targets as agreed with the Minister of Transport were achieved and that SANRAL continued to seek the achievement of financial and non-financial targets, technological solutions and innovations. The Board is particularly pleased that the principles of good governance, ethical conduct and accountability, risk management and compliance – both within SANRAL and in our interaction with service providers – continued to be maintained without compromise. It has been an honour to work with a great and respected statesperson such as the Minister of Transport, Ms Dipuo Peters. I would therefore, on behalf of the Board, wish to thank her for her guidance, direction and support. We also thank her for her continued guidance in the implementation of e-tolling as part of the Gauteng Freeway Improvement Project. Our sincere gratitude also goes to the Deputy Minister, Ms Sindisiwe Chikunga, and her team for their support. CHAIRPERSON’S Since 2013, the Board has committed to engaging positively with all its stakeholders. We are satisfied that this process REPORT is already bearing some fruit and that SANRAL will continue with its efforts to be a transparent and engaging organisation. The past year brought great challenges and achievements, We are also satisfied with the communications team’s which the Board and SANRAL’s executive team faced with efforts to create momentum in profiling SANRAL’s activities, integrity, honour and pride. As incoming Chairperson and a entrenching stakeholder engagements and activations, and member of the Board, the past year has been an amazing and projecting SANRAL as a caring and interactive organisation. thought-provoking one. I have seen the organisation grow in leaps and bounds in just a few short years, not only in terms The Board continues to support SANRAL’s initiatives to of the size of the road network it manages, but in the style of empower small and medium contractors, which ultimately leadership and continuous commitment by its people to the results in job creation, skills transfer, training and awareness delivery of road infrastructure to the people of South Africa. of issues directly affecting their communities. It is our hope that the SANRAL Training Academy in Port Elizabeth will I have seen projects born from deep faith and determination continue to grow from its current stance of training graduates come to fruition in all the provinces of South Africa. I can and move towards embracing small contractors. honestly say that this has been one of the most humbling experiences of my tenure at SANRAL – the constant need to With that being said, SANRAL does promote transformation deliver to our people. I have experienced the highs of having by ensuring that small, medium and micro enterprises a number of our pedestrian bridges being awarded local and (SMMEs) are exposed to work experience on larger contracts international accolades; I have been honoured to be part of that would otherwise not have been possible. During the year SANRAL being awarded the Best Employer in 2014 by the under review, we awarded 223 contracts worth R14.4 billion international Top Employers Institute; and, through it all, for new works, rehabilitation and improvement, periodic and I have been honoured to have had colleagues with me to special maintenance, routine road maintenance, community support projects throughout South Africa. development, supervision and other activities. This past year saw SANRAL engaging with the community Furthermore, SANRAL spent R2.9 billion on contracts at a number of events together with our honourable Minister with SMMEs, of which more than R1.7 billion went to 765 and Deputy Minister of Transport to celebrate our 20 years black-owned firms. In terms of job creation, 19 820 average of democracy and government’s delivery of infrastructure, as equivalent full-time jobs were created. These figures refer to well as its continued commitment to improving the lives of a combination of toll and non-toll roads. South Africans. It should be noted that the decision to toll is made after SANRAL is universally acknowledged as having set the careful thought, research and consideration. SANRAL carries standard as a disciplined and efficient state-owned entity. In this same vein, the SANRAL Board took its tenure seriously 4 The National Road Network out feasibility studies, traffic studies, socioeconomic benefit During 2014, 11 495 learners, 233 teachers, 546 student analysis
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