The Speaker

Letter from the Minister of Public Enterprises dated 3 February 2005 to the Speaker of the National Assembly, in terms of section 65(2)(a) of the Public Finance Management Act, 1999 (Act No 1 of 1999), explaining the delay in the tabling of the Annual Report of Alexkor for 2004:

Dear Madam Speaker

Tabling of Annual Report: Alexkor

In terms of Sections 65(1)(a) and (2) of the Public Finance Management Act, 1999 (Act No 1 of 1999), as amended, the Minister must table in Parliament Annual Report and Financial Statements within six months after the end of the financial year to which those Statements relates. As the financial year of Alexkor ended on 30 June 2004, the Annual Report and Financial Statements was supposed to be tabled in Parliament not later than 31 December 2004.

Alexkor experienced difficulties with the printers. The printers indicated that the report had to go through various stages in the production process before delivery. Therefore, the report was only ready in January 2005. This written explanation is submitted in terms of Section 65(2)(a) of the
Public Finance Management Act, 1999 (Act No 1 of 1999) setting out reasons for the delay.

Please accept my sincere apology.

Yours sincerely

signed
Alec Erwin, MP
Minister of Public Enterprises