Performing Arts Centre of the Free State (PACOFS)

Contact Details

Physical: 12 First Avenue, Westdene, Bloemfontein, 9301
Postal: PO Box 1292, Bloemfontein, 9301
Tel: 051 447 7771
Fax: 051 430 5523
Web:

Overview

The mission of the Performing Arts Centre of the Free State (PACOFS) is to act as an instrument to encourage social cohesion and nation-building, through promotion, recognition and preservation of local and national heritage; and to stimulate economic interest, participation and appreciation of art across racial barriers, while soliciting international role-players.

The Centre's objectives are to: present aesthetically pleasing and commercially viable artistic programmes; provide additional assistance and resources to historically disadvantaged groups to promote greater access to the arts; maximise income to enable PACOFS to present, develop and promote arts for the benefit of all the people of central South Africa; develop audiences by promoting the appreciation, understanding and enjoyment of the performing arts; provide state-of-the-art facilities as part of quality service delivery; and show commitment towards excellence in quality service delivery in all aspects of the business.

Office Bearers/Management

Chairperson
Ms A Msimang
Chief Executive Officer
Mr G Segoneco

Chairperson:
Ms Afrika Msimang
Deputy Chairperson:
Adv Khayelihle Thango
Council Members:
Mr Z Mkiva
Ms T Mnumzana
Mr T Segopolo
Mr Nkosana Sifumba
Mr F Wetes
Chief Executive Officer:
Mr Greg Segoneco
Chief Financial Officer:
Ms Ndanduleni Makhari
Senior Management:
Ms Malekgoloane Malapane (Council Member)
Mr Moeketsi Xaba (Artistic Director)
Communications Officers:
Ms Julia Mokgutle (Acting PA)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEQualifiedFinancially UnqualifiedFinancially UnqualifiedFinancially Unqualified
 
FINANCIAL POSITION
Current Assets22 10218 65213 20818 652
Non-Current Assets63 56866 74263 59954 332
Total Assets85 67185 39476 80772 984
Current Liabilities64 78463 35154 06451 081
Non-Current Liabilities8 8138 7278 4988 848
Total Liabilities73 59772 07862 56259 930
Total Net Assets12 07313 31614 24513 054
 
FINANCIAL PERFORMANCE
Total Revenue44 29841 79841 67847 215
Revenue from Exchange Transactions4 1502 9734 2076 926
Revenue from Non-Exchange Transactions40 14838 82537 47140 289
Total Expenditure(45 934)(44 416)(48 082)(58 146)
Employee Costs(22 913)(23 646)(21 615)(23 553)
Surplus/(Deficit) for Year(1 860)(2 812)(6 393)(10 931)
 
CASH FLOW
Net Cash Flows from Operating Activities1 1545 324(2 399)(3 276)
Net Cash Flows from Investing Activities441(4 631)(5 526)(33 825)
Cash & Cash Equivalents at End of Year18 57816 98411 72017 254
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure9 0037 6664 87225 769
Fruitless & Wasteful Expenditure431214271
 
HUMAN RESOURCES
Posts Approved135135135n/a
Posts Filled879292n/a
 
SourcesAnnual ReportAnnual ReportAnnual Report n/a

Overseeing Department/Entity

Annual Reports


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