Transnet SOC Ltd

Contact Details

Physical: Carlton Centre, 47th Floor, 150 Commissioner Street, Johannesburg
Postal: PO Box 72501, Parkview, 2122
Tel: 011 308 2466
Fax: 011 308 2430
Web:

Overview

The vision of Transnet SOC Ltd is to meet customer demand for reliable freight transport and handling through fully integrated and maximum use of its unique set of assets, while continuously driving cost-efficiency and demonstrating a concern for sustainability.

The Entity's mission is to enable the competitiveness, growth and development of the South African economy by delivering reliable freight transport and handling services that satisfy customer demand.

Office Bearers/Management

Chairperson
Ms L Mabaso
Chief Executive Officer
Mr S Gama

Chairperson:
Ms Linda Mabaso
Deputy Chairperson:
n/a
Board Members:
Ms Yasmina Forbes
Mr Siyabonga Gama (Group Chief Executive)
Ms Nokuthula Khumalo (Group Company Secretary)
Mr Gideon Mahlalela
Ms Potso Mathekga
Mr Zainul Nagdee
Mr Vusi Nkonyane
Mr Garry Pita (CFO)
Mr Stanley Shane
Mr Brett Stagman
Chief Executive Officer:
Mr Siyabonga Gama (Group Chief Executive)
Chief Financial Officer:
Mr Gary Pita
Chief Operations Officer:
Mr Mlamuli Buthelezi
Senior Management:
Mr Gert de Beer (Chief Business Development Officer)
Mr Thamsanqa Jiyane (Chief Advanced and Manufacturing Officer)
Ms Disebo Moephuli (Chief Corporate and Regulatory Officer)
Ms Makano Mosidi (Chief Information Officer)
Mr Khrisna Reddy (Chief Executive: Transnet Capital Projects)
Ms Nonkululeko Sishi (Chief Human Resources Officer)
Communications Officers:
Mr Molatwane Likhethe (General Manager: Corporate and Public Affairs)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEFinancially UnqualifiedFinancially UnqualifiedFinancially UnqualifiedFinancially Unqualified
 
FINANCIAL POSITION
Current Assets28 201 00022 498 00015 011 00013 914 000
Non-Current Assets328 192 000305 941 000225 062 000189 982 000
Total Assets356 393 000328 439 000240 073 000203 896 000
Current Liabilities41 849 00040 258 00025 237 00020 399 000
Non-Current Liabilities171 254 000145 853 000117 723 00098 543 000
Total Liabilities213 103 000186 111 000142 960 000118 942 000
Total Net Assets143 290 000142 328 00097 113 00084 954 000
 
FINANCIAL PERFORMANCE
Total Revenue62 601 00061 518 00057 250 00050 194 000
Revenue from Exchange Transactionsn/an/an/a48 734 000
Revenue from Non-Exchange Transactionsn/an/an/a1 460 000
Total Expenditure(62 208 000)(56 216 000)(52 079 000)(46 055 000)
Employee Costs(19 375 000)(18 297 000)(16 629 000)(14 507 000)
Surplus/(Deficit) for Year393 0005 302 0005 171 0004 139 000
 
CASH FLOW
Net Cash Flows from Operating Activities28 572 00023 666 00018 709 00016 779 000
Net Cash Flows from Investing Activities(3 428 000)(36 715 000)(32 067 000)(27 241 000)
Cash & Cash Equivalents at End of Year13 943 0006 264 0003 633 0002 598 000
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure25 10032 20049 600230 800
Fruitless & Wasteful Expenditure3 90023 30013 60019 700
 
HUMAN RESOURCES
Posts Approvedn/an/an/an/a
Posts Filledn/an/an/an/a
 
SourcesAnnual ReportAnnual ReportAnnual Report n/a
NoteNot audited by AGSA. Independent Audit Report. Not audited by AGSA. Independent Audit Report.Not audited by AGSA. Independent Audit Report.Not audited by AGSA. Independent Audit Report.

Overseeing Department/Entity

Annual Reports


The information in this directory is supplied and/or externally sourced and is also subject to continual change. If you notice any errors or omissions, please contact us at info@nationalgovernment.co.za so that we can correct them.
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