REGISTRAR of FRIENDLY SOCIETIES We Are the FSB Contents 51St Annual Report of the Registrar of Friendly Societies for the 2013 CALENDAR YEAR Financial Services Board

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20 ANNUAL 13 REPORT REGISTRAR OF FRIENDLY SOCIETIES we are the FSB Contents 51st Annual Report of the Registrar of Friendly Societies FOR THE 2013 CALENDAR YEAR Financial Services Board

Table Page

Vision, Mission and Values ...... - 01

Executive Officer’s Report ...... - 04

Report by the Registrar of Friendly Societies to the Minister of Finance ...... - 05

Revenue and expenditure of self-administered friendly societies ...... 1 09

Assets and liabilities of self-administered friendly societies ...... 2 10

Investment composition of self-administered friendly societies ...... 3 11

Five-year overview of number of registered friendly societies ...... 4 12

Number of societies that submitted returns ...... 5 12

Number of members in societies ...... 6 12

Benefits paid – all societies ...... 7 12

Types of benefits provided by self-administered friendly societies ...... 8 13

Five-year overview of statistics of self-administered friendly societies ...... 9 13

Top 20 friendly societies ranked in terms of asset value ...... 10 14

Self-administered societies in default for non-submission of financial returns for the year ending 31 December 2013 ...... 11 15

Registered friendly societies as at 31 December 2013 ...... 12 17 Vision

The FSB’s vision is to promote and maintain a sound financial investment environment in South Africa.

Mission The FSB’s mission is to promote the:

• fair treatment of consumers of financial services and products; • financial soundness of financial institutions; • systemic stability of financial services industries; and • integrity of financial markets and institutions.

Values At the FSB we will act professionally at all times in all that we say and do. To this end we undertake to: • demonstrate the highest level of technical competence; • conduct all our business at the highest level of confidence; • collaborate effectively as team members to deliver effective services; • enhance stakeholder synergy through collaboration; • apply the regulatory framework in a consistent and fair manner; and • treat all people with respect and empathy.

01 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 02 Dube Tshidi Chief Executive Officer

03 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 Executive Officer’s Report

I wish to express my appreciation for the cooperation shown by the friendly societies and individuals with whom this Office has had dealings.

A special thank you to National Treasury for its guidance.

Finally, I wish to thank the staff of Pensions Department for assisting me to fulfil my regulatory mandate.

Dube Tshidi Registrar of Friendly Societies 27 May 2015

51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 04 Report by the Registrar of Friendly Societies to the Minister of Finance

Introduction

I hereby submit the 51st Annual Report, which deals with the activities of my Office for the 2013 calendar year, as required by section 45 of the Friendly Societies Act, (Act No. 25 of 1956) (the Act).

Friendly societies are non-profit organisations or associations of persons established to provide relief or maintenance during minority, old-age, widowhood or illness for members or persons related to members. Such relief could include the payment of a sum of money upon the birth of a child or upon death of members; for the insurance of tools used in a trade; for unemployment benefits; for education or training of members or their children; or such other business as may be proclaimed in the Government Gazette.

Societies are prohibited from advertising for business and may be promoted only by word of mouth within the community for whose benefit any such society was established.

Friendly societies may be classified into the following categories:

(a) Societies that do not fall within the provisions of the Act:

• Societies established in terms of industrial agreements and exempted from the provisions of section 3(1) of the Act. Such societies are required to submit specific statistical information to this Office for inclusion in this report. With regard to the period under review, two such bargaining council societies submitted statistical information.

(b) Societies that fall within the provisions of the Act:

• Exempted societies Societies with an aggregate annual income of less than R 100 000 are conditionally exempted from the provisions of section 3(2)(a) of the Act and do not submit annual financial statements. The tables do not contain information relating to these societies. At the end of 2013, there were 98 exempted societies, three of which were in the process of liquidation.

• Underwritten societies Societies operating exclusively by means of policies of insurance issued by an insurance company registered in terms of the Long-term Insurance Act, (Act No. 52 of 1998), may be conditionally exempted from the provisions of the Act by virtue of the discretionary powers granted to the Registrar in terms of section 3(2)(b) of the Act.

• Self-administered societies Societies with an aggregate annual income above R 100 000 must furnish financial statements to the Registrar in terms of section 22 of the Act. At the end of 2013, there were 102 self-administered societies, eight of which were in the process of liquidation.

05 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 Statistics

The tables in this report contain statistical information submitted to this Office by the societies for the year 2013. The tables contain full particulars of membership, benefits paid, revenue and assets of registered friendly societies, as well as certain statistical information from bargaining council societies.

There were 201 friendly societies registered in terms of the Act as at 31 December 2013, eleven of which were in process of liquidation (see Table 12). Statistical information for only 43 of these societies is included in this report, of which three societies were exempted in terms of section 3(2)(a) (see Table 5). Information on the remaining 147 friendly societies was excluded for the following reasons:

• 54 societies failed to submit financial returns on time. A complete list of these societies appears in Table 11. • 92 societies were exempted in terms of section 3(2) (a). • One society was exempted in terms of section 3(2) (b) of the Act.

The financial year of all registered societies ends on 31 December, as stipulated in section 1 of the Act.

Administration

During the period under review, no new societies were registered in terms of section 5(3) and the registration of no society was cancelled in terms of section 36 of the Act.

No new exemptions were granted in terms of section 3(2) (a) and no exemption was withdrawn in terms of section 3(3) of the Act.

Income, Expenditure and Cash Flow

A summary of revenue and expenditure of self-administered societies appears in Table 1.

Contributions decreased to R98 million in 2013, compared to R121 million in 2012, and total contributions as a percentage of income decreased to 51.1% in 2013 from 61.8% in 2012. In 2013, income from investments as a percentage of total income increased to 18.8%, compared to 16.3% in 2012.

Administration costs decreased to 46.4% of the total expenditure in 2013, compared to 48.0% in 2012.

2013 recorded total net cash inflow of R76.6 million compared to net cash inflow of R67.7 million in 2012.

Benefits Provided and Paid

The number of self-administered societies offering death benefits decreased and sick-pay benefits (Table 8) decreased when compared to 2012.

51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 06 Benefits paid by self-administered societies account for 51.7% of total expenditure in 2013, whereas in 2012 benefits paid accounted for 49.8% (Table 7). Sick-pay; 3%

Death; 6% Other; 58%

Funeral; 80%

Figure 1: Self-administered Societies

The greater proportion of benefits provided for were funeral benefits (80%), followed by other (11%), which included educational benefits, followed by death benefits (6%) and sick-pay benefits 3%able (T 7).

Other; 49%

Sick-pay; 51%

Figure 2: Bargaining Council Societies

In Table 7, the benefits paid for bargaining council societies comprise sick-pay (51%) and other (49%).

Assets

Net assets of self-administered friendly societies after deducting creditors and provisions increased by 13.3% from R679 million in 2012 to R769 million in 2013 (Table 2).

07 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 Investments

Return on investments

The return on the balance sheet value of investments made by self-administered friendly societies is calculated by using the following formula:

2i R = A + B - i where R = Return on investments. A = Initial value of investments. B = End value of investments. i = Interest, dividends, rent and policy income (see Table 1)

By applying this formula to the total investments of all the self-administered friendly societies, which are included in Table 2, the return on investments is calculated as follows:

2009 2010 2011 2012 2013 % return 5.2 5.0 5.6 5.8 5.9

The increase in return is due to the change in the allocation of investments in the different asset classes, as well as higher market returns.

Composition of investments

In Table 3, the investments by societies comprise collective investment schemes in securities (28.3%), (which are certified as complying with the distribution requirements of assets referred to in the Annexure to Regulation 29), and other investments (33.8%), which are classified as bills, bonds and securities, immovable properties and investments outside the Republic. Deposits and savings accounts accounted for 17% of investments while shares in companies accounted for 18.8%.

Supervisory Matters

Inspections

In terms of section 3 of the Inspection of Financial Institutions Act, (Act No. 80 of 1998), none of the friendly societies were inspected during 2013.

Overdue returns

Fifty-four societies failed to submit financial returns on time, despite numerous requests to do so. The majority appear to have ceased operating or changed their registered address without advising the Registrar. The names of these societies are published in Table 11.

51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 08 Table 1 Revenue and Expenditure of Self-Administered Friendly Societies (Note 1)

2013 2012 REVENUE R’000 R’000 1. Contributions 98 621 121 234 (a) Members 97 527 119 895 (i) Ordinary 94 325 114 549 (ii) Levies 1 987 4 088 (iii) Entrance fee 1 215 1 258 (b) Employers 1 094 1 339 2. Income from investments 36 192 32 021 (a) Interest 27 987 24 065 (b) Dividends 5 492 5 666 (c) Rent 2 713 2 290 3. Other income 19 499 31 810 4. Profit on realisation of investments(Note 2) 38 501 10 895 TOTAL 192 813 195 960

EXPENDITURE 1. Benefits paid 60 561 64 611 (a) Sick-pay 2 000 2 034 (b) Death 3 581 4 910 (c) Funeral 48 083 37 745 (d) Other 6 897 19 922 2. Provision for unpaid claims 127 770 3. Administration costs 54 340 62 283 (a) Salaries and wages 15 433 18 891 (b) Honoraria 431 321 (c) Audit fees 1 699 1 643 (d) Actuarial costs 2 995 2 101 (e) Contributions towards staff funds 213 360 (f) Office rent 2 032 2 311 g) Other 31 537 36 656 4. Other provisions (131) - 5. Depreciation 1 034 1 569 6. Other expenditure 1 305 1 303 7. Excess of revenue over expenditure (Note 2) 75 577 65 424 TOTAL 192 813 195 960

Notes: Note 1 These figures relate to the 43 friendly societies that have submitted financial statements for 2013 in comparison to 43 that submitted for 2012. Note 2 Some societies made a loss while the majority made a profit during the period under review.

09 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 Table 2 Assets and Liabilities of Self-Administered Friendly Societies (Note 1)

2013 2012 ASSETS R’000 R’000 1. Fixed property (at cost) less depreciation 8 329 5 694 2. Properties in possession 393 7 329 3. Furniture and equipment (at cost) less depreciation 7 106 6 625 4. Investments 656 908 603 102 (a) Deposits and savings account 111 762 154 689 (b) Government, municipal and other stock 10 553 22 632 (c) Collective investment schemes in securities 186 089 110 973 (d) Shares in companies 123 415 91 021 (e) Loans 3 150 5 409 (f) Other 221 939 218 378 5. Sundry debtors 34 388 20 526 (a) Arrear contributions 1 568 2 068 (b) Interest accrued 27 249 15 093 (c) Dividends receivable 3 - (d) Owing by members in respect of benefits 438 246 (e) Other 5 130 3 119 6. Payments in advance - 7. Cash 86 425 69 842 (a) On hand 2 965 5 190 (b) At bank 83 460 64 652 8. Other assets 1 150 1 499 TOTAL 794 699 714 617

LIABILITIES 1. Accumulated funds 456 760 394 412 (a) Sick-pay 26 513 3 075 (b) Death 178 416 164 751 (c) Funeral 138 233 115 486 (d) Other (Note 2) 113 598 111 100 2. Capital and guarantee deposits 16 456 20 009 3. Reserves 293 056 263 793 4. Provisions for unpaid claims 4 279 6 683 5. Other provisions 7 255 1 729 6. Sundry creditors 13 838 27 053 (a) Contributions received in advance 7 990 7 813 (b) Other 5 848 19 240 7. Other liabilities 3 055 938 TOTAL 794 699 714 617

Notes: Note 1 These figures relate to the 43 friendly societies that have submitted financial statements in 2013 in comparison to the 43 that submitted for 2012. Note 2 This figure includes all other benefit types not provided for in 1(a), (b) and (c) under Liabilities.

51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 10 Table 3 Investment Composition of Self- Administered Friendly Societies (Note 1)

Value INVESTMENTS (Note 2) R’000 Deposits and savings accounts 111 762 Government, municipal and other stock 10 553 Collective investment schemes in securities (Note 3) 186 089 Shares in companies 123 415 Loans (Note 4) 3 150 Other 221 939 TOTAL 656 908

Deposits and savings accounts; 17.0%

Government, municipal and other stock; 1.6% Other; 33.8%

Loans; 0.5%

Collective investment schemes in securities; 28.3%

Shares in companies; 18.8%

Figure 3: Investment composition of self-administered friendly societies

Notes: Note 1 These figures relate to the 43 friendly societies that submitted financial statements for 2013. Note 2 All societies account for investments at fair value. Note 3 Collective investment schemes in securities as defined in the Collective Investment Schemes Control Act, 45 of 2002,in respect of which the society obtains a certificate that the scheme has, throughout the period under review, by its income and expenditure account, complied with the distribution requirements of assets referred to in the Annexure of Regulation 29. Note 4 Loans granted to members in terms of section 20(5) (b) are restricted to 75% sof the market value accrued.

11 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 Table 4 Five-Year Overview of Number of Registered Friendly Societies

2009 2010 2011 2012 2013 1. Number of friendly societies required to submit 90 89 92 94 94 returns 2. Number of friendly societies not required to 105 111 109 107 107 submit returns (Note 1) TOTAL 195 200 201 201 201 Notes: Note 1 This includes societies that operate exclusively by means of insurance policies issued by a registered insurance company, societies exempted from submitting returns, as well as societies in liquidation.

Table 5 Number of Societies that Submitted Returns

Type of Society 2013 2012 Self-administered societies 43 42 Bargaining Council societies 2 2 45 44

Table 6 Number of Members in Societies

Type of Society 2013 2012 Self-administered societies (Note 1) 518 322 416 676 Bargaining Council societies 13 759 14 807 532 081 431 483 Notes: Note 1 These figures relate to the 43 friendly societies that submitted financial statements in 2013, compared to the 43 that submitted for 2012.

Table 7 Benefits Paid – All Societies

Self-administered Bargaining Council societies (Note 1) Societies 2013 2012 2013 2012 R’000 R’000 R’000 R’000 Sick-pay 2 000 2 034 2 391 2 283 Death 3 581 4 910 - - Funeral 48 083 37 745 - - Other 6 897 19 922 2 331 2 029 TOTAL 60 561 64 611 4 722 4 312 Notes: Note 1 These figures relate to the 43 friendly societies that submitted financial statements for 2013, in comparison to the 43 that submitted for 2012.

51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 12 Table 8 Types Of Benefits Provided By Self- Administered Friendly Societies

NUMBER OF SOCIETIES TYPES OF BENEFITS PROVIDED (Note 1) 2013 2012 Sick-pay (Note 2) 9 11 Death 12 13 Funeral 21 19 Other (Note 3) 10 8

Notes: Note 1 Several societies offer more than one type of benefit. Note 2 Sick-pay benefits consist of sick and medical benefits. Note 3 Other benefits include educational benefits and community assistance benefits.

Table 9 Five-Year Overview of Statistics of Self-Administered Friendly Societies

Members Revenue Benefits Paid Total Assets R’000 R’000 R’000 R’000 2009 436 115 194 48 655 511 976 2010 416 112 177 52 771 549 802 2011 378 154 390 58 204 627 526 2012 417 195 960 64 611 714 617 2013 518 (Note 1) 192 813(Note 1) 60 561(Note 1) 794 699(Note 1) Notes: Note 1 These figures relate to the 43 friendly societies that submitted financial statements for 2013, in comparison to the 43 that submitted for 2012.

13 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 Table 10 Top 20 Friendly Societies Ranked in terms of Asset Value

TOTAL ASSETS SOCIETY R’000 2013 2012 NUMBER SOCIETY NAME 2013 1 1 138445 GROEP-BEGRAFNISASSOSIASIE 175 018 2 2 138747 NEW APOSTOLIC CHURCH BURIAL FUND 164 919 3 3 1381109 PRINTING INDUSTRY EMPLOYEE BENEFIT FUND FOR SATU 76 523 MEMBERS 4 4 138760 STERFTEFONDS VAN DIE ATKV 60 470 5 5 1381264 FAMILY FUNERAL FRIEND SOCIETY & SERVICES 54 331 6 6 138411 NATIONAL MUTUAL AID ASSOCIATION OF RAILWAY, AIRWAYS AND 48 086 HARBOUR SERVANTS (SA) 7 7 138354 UNION CORPORATION MINES DEATH BENEFIT FUND 27 394 8 8 1381255 OAC BURIAL SOCIETY: DISTRICT WESTERN CAPE 25 595 9 9 1381059 SOUTH AFRICAN COMMERCIAL, CATERING AND ALLIED WORKERS` 14 710 UNION BENEVOLENT FUND (THE SACCAWU BENEVOLENT FUND) 10 11 138813 FELTEX SICK-PAY FUND 14 360 11 10 1381250 OAC BURIAL SOCIETY: DISTRICT GAUTENG 14 262 12 12 138422 AMALGAMATED UNION OF BUILDING TRADE WORKERS OF SA 12 705 BENEFITS FUND 13 13 1381254 OAC BURIAL SOCIETY : NORTHERN DISTRICT 10 515 14 16 1381267 LEBOWA FRIENDLY SOCIETY 9 161 15 14 1381266 LEDWABA FRIENDLY SOCIETY 8 942 16 15 138942 LEATHER WORKERS DEATH SOCIETY 8 523 17 18 1381251 OAC BURIAL SOCIETY: DISTRICT EASTERN CAPE 8 390 18 17 138900 BENEFITS FUND OF THE CAPE TOWN BRANCH OF THE NATIONAL 7 108 UNION OF LEATHER & ALLIED WORKERS 19 20 138853 NATIONAL UNION OF LEATHER AND ALLIED WORKERS NORTHERN 6 827 DISTRICT DISTRESS FUND 20 New 138539 PINETOWN TEXTILE MILLS MEDICAL BENEFIT SOCIETY 6 362

51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 14 Table 11 Self-Administered Societies in Default for Non- Submission of Financial Returns for the year ending 31 December 2013

SOCIETY NUMBER SOCIETY NAME 1381149 AAM FRIENDLY SOCIETY 1381263 ACHIEVERS' CLUB 1381274 AFRIKA ONDERLINGE HULPVERENIGING 1381278 APOSTOLIC JERUSALEM BURIAL SOCIETY (THE) 1381282 BAKGADITSI FAMILY BURIAL SOCIETY 1381237 BAMBANANI BURIAL SOCIETY 1381258 BDB BENEFIT SOCIETY 138881 BENEFIT FUND OF THE NATIONAL UNION OF LEATHER WORKERS 138867 BENEFITS FUND OF THE MIDLAND BRANCH OF THE NATIONAL UNION OF LEATHER WORKERS 1381163 BOPANANG BURIAL SOCIETY 1381178 CHEMICAL AND OIL INDUSTRIES EDUCATION FUND (THE) 1381285 CLASSIC FRIENDLY SOCIETY 138722 CONSOLIDATED TEXTILES MEDICAL BENEFIT SOCIETY (EAST LONDON) 1381049 DEMOCRATIC INTEGRATED MUNICIPAL EMPLOYEES` SOCIETY`S BENEFIT FUND SCHEME 1381311 DIKHUTSANA AFRICAN FRIENDLY SOCIETY 1381284 DIPUTA FRIENDLY SOCIETY 1381194 DRS G & R DE MUELENAERE INC. FRIENDLY SOCIETY 1381031 EDUCATIONAL FUND OF THE NATIONAL UNION OF FURNITURE AND ALLIED WORKERS OF SA 138975 ELIM SPAARVERENIGING 1381166 FORESTRY AND HORTICULTURE INDUSTRIES EDUCATION FUND 1381168 GLOBAL EDUCARE BENEFIT FUND 138726 GREAT NORTH BURIAL SOCIETY 138618 HARTEBEESTFONTEIN GOLD MINE EMPLOYEES BENEVOLENT SOCIETY 1381268 INTERCHURCH FUNERAL SERVICES SOCIETY 138556 KLERKSDORP MINES BENEFIT SOCIETY - MONETARY BENEFITS 138523 KRUGERSDORPSE ONDERLINGE BEGRAFNISGENOOTSKAP 138343 MOTOUNION DEATH FUND 1381297 NDABA FRIENDLY SOCIETY 1381286 NEWCASTLE PEOPLE'S FRIENDLY SOCIETY 1381277 NON-MATHATA FRIENDLY SOCIETY 138919 NUMSA BENEFIT FUND 1381313 PALESA ENTLE GO BATHO BURIAL SOCIETY 1381155 PERFORMA DIENSTEFONDS 1381062 PUTCO FUNERAL BENEFIT FUND 1381217 RHEMA FRIENDLY SOCIETY 138873 SA ELECTRICAL WORKERS ASSOCIATION SICKNESS AND ACCIDENT FUND 138963 SA WOODWORKERS UNION BENEVOLENT FUND

15 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 SOCIETY NUMBER SOCIETY NAME 1381200 SASBO EDUCATION FUND 1381276 SIHLALI FRIENDLY SOCIETY 1381290 SOCIETY HELPER PROJECT FRIENDLY SOCIETY 1381054 SOMERSET WEST FACTORY MUTUAL AID FUND 1381097 STAFF ASSOCIATION HOSPITALISATION FRIENDLY SOCIETY 1381271 T.S BURIAL SOCIETY 1381312 THE MOTORSPORT LEGENDS BENEVOLENT FRIENDLY SOCIETY 1381321 THE ROAD USER'S SOCIETY 1381231 TRANSAFRICA FUNERAL SOCIETY 1381189 TRANSPORT INDUSTRIES EDUCATION FUND (THE) 1381192 TSWARAGANO FRIENDLY SOCIETY 138785 UITLIEFDE GENOOTSKAP 138369 USCO SICK-PAY AND BENEFIT FUND 1381017 VAAL REEFS BENEVOLENT FUND 138341 WESTERN PROVINCE BUILDING AND ALLIED TRADES SICK FUND AND DEATH BENEFIT FUND 1381279 ZENZELE FRIENDLY SOCIETY 1381275 ZIYA FRIENDLY SOCIETY

51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 16 Table 12 Registered Friendly Societies as at 31 December 2013

SOCIETY NUMBER SOCIETY NAME 1381149 AAM FRIENDLY SOCIETY 1381263 ACHIEVERS' CLUB 1381117 AERO MANNEKRAGGROEP ONDERLINGE HULPVERENIGING (AMG OHV) 1381274 AFRIKA ONDERLINGE HULPVERENIGING 138812 ALL SAINTS BURIAL SOCIETY 138422 AMALGAMATED UNION OF BUILDING TRADE WORKERS OF SA BENEFITS FUND 1381262 AMMUNITION AND ALLIED WORKERS FRIENDLY SOCIETY 1381278 APOSTOLIC JERUSALEM BURIAL SOCIETY (THE) 1381070 AREBOLOKANENG S.A. SOCIETY 1381010 ARGUS SICK-PAY FUND (IN LIQUIDATION) 1381011 ARME MUSLIM BURIAL SOCIETY 1381282 BAKGADITSI FAMILY BURIAL SOCIETY 1381237 BAMBANANI BURIAL SOCIETY 1381015 BARRYDALESE KLEURLING BEGRAFNISGENOOTSKAP 138775 BATTSWOOD DOODGENOOTSKAP 1381258 BDB BENEFIT SOCIETY 138881 BENEFIT FUND OF THE NATIONAL UNION OF LEATHER WORKERS 138900 BENEFITS FUND OF THE CAPE TOWN BRANCH OF THE NATIONAL UNION OF LEATHER & ALLIED WORKERS 138867 BENEFITS FUND OF THE MIDLAND BRANCH OF THE NATIONAL UNION OF LEATHER WORKERS 1381090 BENEVOLENT SOCIETY OF THE SOUTHERN AFRICA UNION CONFERENCE OF THE SEVENTH DAY ADVENTISTS 1381100 BETHEL BEGRAFNISGENOOTSKAP 1381179 BEVERAGE AND HOTEL INDUSTRIES EDUCATION FUND (THE) 1381163 BOPANANG BURIAL SOCIETY 138883 CAPE FRIENDLY SOCIETY 138817 CAPE TOWN EMBEE SICK BENEFIT SOCIETY 1381178 CHEMICAL AND OIL INDUSTRIES EDUCATION FUND (THE) 1381272 CHRISTELIKE HULPGENOOTSKAP (DIE) 138685 CHURCH OF GOD OF RSA BURIAL SOCIETY 1381319 CHURCH OF JESUS CHRIST OUTREACH SOCIETY 1381285 CLASSIC FRIENDLY SOCIETY 1381188 CLOTHING, FOOTWEAR AND TEXTILE INDUSTRIES EDUCATION (THE) 138722 CONSOLIDATED TEXTILES MEDICAL BENEFIT SOCIETY (EAST LONDON) 1381137 CONSTRUCTION INDUSTRIES EDUCATION TRUST FUND 1381108 CORRECTIONAL SERVICES WIDOW AND ORPHAN SOCIETY 1381131 DADDIES BURIAL SOCIETY 1381049 DEMOCRATIC INTEGRATED MUNICIPAL EMPLOYEES`SOCIETY`S BENEFIT FUND SCHEME 1381139 DIE SUID-AFRIKAANSE VOLKSVERENIGING 1381311 DIKHUTSANA AFRICAN FRIENDLY SOCIETY

17 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 SOCIETY NUMBER SOCIETY NAME 1381284 DIPUTA FRIENDLY SOCIETY 1381194 DRS G & R DE MUELENAERE INC. FRIENDLY SOCIETY 138887 DURBAN LEATHER WORKERS' BENEFITS FUND (IN LIQUIDATION) 138960 EAST COAST EMPLOYEES BENEFIT PLAN 138651 EAST LONDON COLOURED PEOPLES BURIAL SOCIETY 138414 EASTERN PROVINCE NEWSPAPERS SICK-PAY FUND 138935 EASTERN PROVINCE OWNERS AND TRAINERS BENEVOLENT FUND 1381031 EDUCATIONAL FUND OF THE NATIONAL UNION OF FURNITURE AND ALLIED WORKERS OF SA 1381154 EDUCO BENEFIT FUND 1381183 ELECTRONIC,ELECTRICAL AND BATTERY INDUSTRIES EDUCATION FUND (THE) 138966 ELIM BEGRAFNISVERENIGING 138975 ELIM SPAARVERENIGING 1381182 ENGINEERING INDUSTRIES EDUCATION FUND (THE) 1381143 EUREKA ALGEMENE HULPGENOOTSKAP 1381264 FAMILY FUNERAL FRIEND SOCIETY & SERVICES 138813 FELTEX SICK PAY FUND 1381181 FOOD INDUSTRIES EDUCATION FUND (THE) 1381166 FORESTRY AND HORTICULTURE INDUSTRIES EDUCATION FUND 138552 FRAME MEDICAL BENEFIT SOCIETY (DURBAN) 138514 FRAME TEXTILE CORPORATION LTD (LADYSMITH MILLS) MEDICAL BENEFIT SOCIETY (IN LIQUIDATION) 138740 FREE STATE GEDULD MINES LIMITED BENEVOLENT FUND 1381238 FRIENDS FOR LIFE 1381168 GLOBAL EDUCARE BENEFIT FUND 138720 GLYNNS BENEFIT FUND (IN LIQUIDATION) 138691 GOEDEMOED DOODGENOOTSKAP 138634 GOLDEN ARROW EMPLOYEES` BENEVOLENT FUND 138764 GRAND LODGE FREE GARDENERS 138726 GREAT NORTH BURIAL SOCIETY 138445 GROEP-BEGRAFNISASSOSIASIE 1381206 H NAUDE FRIENDLY SOCIETY 138725 HARMONY GENOOTSKAP 138618 HARTEBEESTFONTEIN GOLD MINE EMPLOYEES BENEVOLENT SOCIETY 138735 HELPMEKAAR GENOOTSKAP 1381083 HLOMANI BURIAL SOCIETY 1381241 IKEMELENG WOMEN'S CLUB 138933 INDEPENDENT BENEFIT SOCIETY 138610 INDEPENDENT MOSLEM BURIAL SOCIETY 1381268 INTERCHURCH FUNERAL SERVICES SOCIETY 1381071 IPOLOENG BURIAL CLUB

51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 18 SOCIETY NUMBER SOCIETY NAME 1381146 J B MARKS EDUCATION TRUST FUND 1381281 JAMIATUT TOLIEBIEN MUSLIM BURIAL SERVICES 1381063 JEWELLERS AND GOLDSMITHS UNION BENEVOLENT FUND 138940 JOHANNESBURG TRANSPORT AND MUNICIPAL EMPLOYEES UNION SICKNESS AND ACCIDENT BENEFIT FUND 138569 JOURNALISTS JOINT UNEMPLOYMENT BENEFIT FUND (IN LIQUIDATION) 1381065 KAROO EENDRACHT BEGRAFNISVERENIGING 138806 KEIMOES EENDRACHT BEGRAFNISVERENIGING 1381280 KGOMOTSO SOCIETY 1381133 KING`S SCHOOL BRYANSTON PARENTS AND PUPILS EDUCATION TRUST FUND 138556 KLERKSDORP MINES BENEFIT SOCIETY - MONETARY BENEFITS 138523 KRUGERSDORPSE ONDERLINGE BEGRAFNIS GENOOTSKAP 138942 LEATHER WORKERS DEATH SOCIETY 1381267 LEBOWA FRIENDLY SOCIETY 1381266 LEDWABA FRIENDLY SOCIETY 138689 LELIEBLOEM HULP EN DOODGENOOTSKAP 138704 LOYAL ALFRED LODGE FRIENDLY SOCIETY NO 5072 138385 LOYAL BELLAIR LODGE NO 7919 OF THE NATAL DISTRICT IOOF MUFS 138381 LOYAL DURBAN LODGE NO 5403 OF THE NATAL DISTRICT IOOF MUFS 138380 LOYAL NATAL UNITY LODGE NO 4443 OF THE NATAL DISTRICT IOOF MUFS 138588 LOYAL VICTORIA LODGE NO 6119 OF THE SA DISTRICT IOOF MUFS 1381027 MAIN TIN INDIAN BENEFIT SOCIETY 1381050 MAMRE HULP-BEGRAFNIS GENOOTSKAP 1381242 MASINCEDISANE SOCIETY SCHEME 138482 METAL BOX NON-EUROPEAN BENEFIT SOCIETY 1381066 MIDDELBURG (KAAP) EENDRACHT BEGRAFNISVERENIGING 138938 MIDLAND FACTORY MUTUAL AID FUND 1381190 MINING INDUSTRIES EDUCATION FUND (THE) 138454 MODDERFONTEIN MUTUAL AID FUND 1381136 MOTOR AND ALLIED WORKERS EDUCATION TRUST FUND 138343 MOTOUNION DEATH FUND 1381232 MUAVHA BURIAL SOCIETY 1381098 NAMPAK GROUP FAMILY FUNERAL BENEFIT PLAN (IN LIQUIDATION) 138379 NATAL DISTRICT OF THE INDEPENDENT ORDER OF ODD FELLOWS MANCHESTER UNITY FRIENDLY SOCIETY 138411 NATIONAL MUTUAL AID ASSOCIATION OF RAILWAY, AIRWAYS AND HARBOUR SERVANTS (SA) 138853 NATIONAL UNION OF LEATHER AND ALLIED WORKERS NORTHERN DISTRICT DISTRESS FUND 1381297 NDABA FRIENDLY SOCIETY 138747 NEW APOSTOLIC CHURCH BURIAL FUND 1381286 NEWCASTLE PEOPLE'S FRIENDLY SOCIETY 1381277 NON-MATHATA FRIENDLY SOCIETY 138395 NOORDELIKE BOUWERKERSVAKBOND 138919 NUMSA BENEFIT FUND

19 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 SOCIETY NUMBER SOCIETY NAME 1381253 OAC BURIAL SOCIETY 1381255 OAC BURIAL SOCIETY : DISTRICT WESTERN CAPE 1381254 OAC BURIAL SOCIETY : NORTHERN DISTRICT 1381251 OAC BURIAL SOCIETY: DISTRICT EASTERN CAPE 1381256 OAC BURIAL SOCIETY: DISTRICT FREE STATE 1381250 OAC BURIAL SOCIETY: DISTRICT GAUTENG 1381252 OAC BURIAL SOCIETY: DISTRICT KWAZULU-NATAL 1381125 P A B ONDERLINGE HULPVERENIGING 1381313 PALESA ENTLE GO BATHO BURIAL SOCIETY 1381155 PERFORMA DIENSTEFONDS 138996 PERSKOR TEGNIESE PERSONEEL SIEKEFONDS (IN LIQUIDATION) 1381177 PHARMACEUTICAL AND MEDICAL INDUSTRIES EDUCATION FUND (THE) 1381096 PHILAROLD FUNERALS FRIENDLY SOCIETY 1381094 PHILLIPPI HULPGENOOTSKAP 138539 PINETOWN TEXTILE MILLS MEDICAL BENEFIT SOCIETY 138742 PIONEER ISLAMIC FRIENDLY SOCIETY 1381039 PMP BENEVOLENT FUND 1381057 POLIFIN MUTUAL AID FUND 138350 POST OFFICE DEPENDANTS AID SOCIETY (IN LIQUIDATION) 1381109 PRINTING INDUSTRY EMPLOYEE BENEFIT FUND FOR SATU MEMBERS 1381062 PUTCO FUNERAL BENEFIT FUND 138846 RETREAT BEGRAFNISVERENIGING 1381217 RHEMA FRIENDLY SOCIETY 1381203 RHINO EMPLOYEES BENEVOLENT FUND 1381174 RIDGE EDUCATIONAL TRUST FRIENDLY SOCIETY 1381093 RIEBEEK-WES BEGRAFNISGENOOTSKAP 138811 ROBERTSON ALGEMENE HULPGENOOTSKAP 1381084 ROVONINGO BURIAL SOCIETY 138459 SA DISTRICT INDEPENDANT ORDER OF ODD FELLOWS, MANCHESTER UNITY FRIENDLY SOCIETY 138873 SA ELECTRICAL WORKERS ASSOCIATION SICKNESS AND ACCIDENT FUND 138963 SA WOODWORKERS UNION BENEVOLENT FUND 138467 SACTA LIFE ASSURANCE SCHEME 138344 SAICCOR SICK BENEFIT FUND 1381061 SAMANCOR FUNERAL BENEFIT SCHEME 138476 SANTA PORT ELIZABETH BRANCH CONTRIBUTORY SICK FUND 138366 SASBO DEATH BENEFIT FUND (IN LIQUIDATION) 1381200 SASBO EDUCATION FUND 1381276 SIHLALI FRIENDLY SOCIETY 1381244 SIZANANI BURIAL SOCIETY 1381290 SOCIETY HELPER PROJECT FRIENDLY SOCIETY 1381022 SOMERSET OOS BEGRAFNISVERENIGING 1381054 SOMERSET WEST FACTORY MUTUAL AID FUND

51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 20 SOCIETY NUMBER SOCIETY NAME 1381059 SOUTH AFRICAN COMMERCIAL, CATERING AND ALLIED WORKERS` UNION BENEVOLENT FUND (THE SACCAWU BENEVOLENT FUND) 138314 SOUTH AFRICAN PRINTERS SICK BENEFIT SOCIETY 138688 SOUTHFIELD DOOD EN HULPGENOOTSKAP 138638 SPOEGRIVIER BEGRAFNISGENOOTSKAP 138695 ST DAVID LODGE NO.1 ORDER OF FREE GARDENERS (AFRICA) 1381097 STAFF ASSOCIATION HOSPITALISATION FRIENDLY SOCIETY 138656 STAR OF KILMARNOCK LODGE (A.O.F.G.) SCOTLAND NO 99 1381191 STEEL AND ALLIED INDUSTRIES EDUCATION FUND (THE) 138760 STERFTEFONDS VAN DIE ATKV 1381033 STEWARTS AND LLOYDS GROUP SICK PAY FUND (IN LIQUIDATION) 1381271 T.S BURIAL SOCIETY 1381309 TEXTILE OPEN BENEFIT SOCIETY 1381312 THE MOTORSPORT LEGENDS BENEVOLENT FRIENDLY SOCIETY 1381321 THE ROAD USER'S SOCIETY 1381111 THE SOUTH AFRICAN EDUCATION TRUST FUND 1381086 TIHARIHANI BURIAL SOCIETY 1381079 TIRHISANANI BURIAL SOCIETY 1381231 TRANSAFRICA FUNERAL SOCIETY 138809 TRANSPORT AND OMNIBUS WORKERS` BENEVOLENT FUND 1381189 TRANSPORT INDUSTRIES EDUCATION FUND (THE) 138749 TRANSVAAL MUSLIM BURIAL SOCIETY 138593 TRAWLERMENS SICK BENEFIT AND BENEVOLENT FUND 1381192 TSWARAGANO FRIENDLY SOCIETY 138785 UITLIEFDE GENOOTSKAP 138592 ULCO EUROPEAN EMPLOYEES WELFARE FUND 138930 UMBOGINTWINI FACTORY MUTUAL AID FUND 138354 UNION CORPORATION MINES DEATH BENEFIT FUND 138804 UPINGTON EENDRACHT BEGRAFNISVERENIGING 138369 USCO SICK PAY AND BENEFIT FUND 1381158 UTLWANANG BURIAL SOCIETY 1381017 VAAL REEFS BENEVOLENT FUND 1381292 VERONICA'S FUNERALS FRIENDLY SOCIETY 138818 VREDEHULP DOODGENOOTSKAP 138692 WELCOME ESTATE BURIAL SOCIETY 138341 WESTERN PROVINCE BUILDING AND ALLIED TRADES SICK FUND AND DEATH BENEFIT FUND 1381099 WILLMILL BENEFIT FUND 138528 WORKERS WELFARE FUND (IN LIQUIDATION) 1381279 ZENZELE FRIENDLY SOCIETY 1381144 ZIKLIFE FUNERAL BENEFIT FUND 1381275 ZIYA FRIENDLY SOCIETY 1381073 ZWAMITA SAVING CLUB

21 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 Notes

51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 22 Notes

23 51st Annual Report of the Registrar of Friendly Societies for the year ended 31 December 2013 we are the FSB www.fsb.co.za RP325/2014 ISBN 978-0-621-43231-2