presented by: senti thobejane chief executive 03 november 2004 capitalising on nuclear...
TRANSCRIPT
Presented by:Senti ThobejaneChief Executive03 November 2004
Capitalising on nuclear technology’s ability to enhance life.
Vision and MissionVision and MissionNecsa’s long term growth strategy, Vision 2010, seeks “to Necsa’s long term growth strategy, Vision 2010, seeks “to pursue nuclear technology excellence for sustained social pursue nuclear technology excellence for sustained social and economic development”.and economic development”.
Its mission is to develop, utilise and manage nuclear Its mission is to develop, utilise and manage nuclear technology for national and regional socio-economic technology for national and regional socio-economic development.development.
Values that are strived for:Values that are strived for:– PartnershipPartnership– Life enhancementLife enhancement– EntrepreneurshipEntrepreneurship– ExcellenceExcellence– Leadership; andLeadership; and– responsibilityresponsibility
Chairman’s reviewChairman’s reviewNecsa is committed to Necsa is committed to its national its national responsibilityresponsibility
Necsa will continue to Necsa will continue to provide a range of provide a range of products and services products and services critical to many other critical to many other industries and services industries and services in the country and in the country and abroad.abroad.
Necsa’s structureNecsa’s structure
Chief Executive
NuclearServices
(NS)
Corporate Services
(CS)
Financial Services
(FS)
FacilitiesManagement
(FM)
High Technology
Products(HTP)
NuclearTechnology
Products(NTP)
Nuclear Technology
(NT)
Board of Directors
Security
Prodit
StrategicBus.Dev.
Transformation
Restructuring Restructuring and Corporatisationand Corporatisation
Restructuring of the Necsa GroupRestructuring of the Necsa GroupConsolidation of Necsa into seven Consolidation of Necsa into seven
management units:management units:
Nuclear ServicesNuclear Services
Nuclear TechnologyNuclear Technology
Nuclear Technology Products (NTPNuclear Technology Products (NTP
Corporatisation of NTP Radioisotopes Corporatisation of NTP Radioisotopes (Pty) Ltd(Pty) Ltd
Skills development Skills development and trainingand training
R1.6m invested in staff training and skills R1.6m invested in staff training and skills advancementadvancement
Successful joint venture partnership with Successful joint venture partnership with Areva, a French company: Arecsa Human Areva, a French company: Arecsa Human Capital (Pty) LtdCapital (Pty) Ltd
Necsa’s intellectual capitalNecsa’s intellectual capital
Participation in the learnership programme Participation in the learnership programme with the CHIETAwith the CHIETA
Economic Performance Economic Performance Indicators Indicators
Total BEE spend of R54,8m Total BEE spend of R54,8m (23% increase from last (23% increase from last year)year)
Out of 2217 suppliers, 315 Out of 2217 suppliers, 315 are BEE which represents a are BEE which represents a growth of 24%growth of 24%
Necsa supports Nepad Necsa supports Nepad through science and through science and technology developmenttechnology development
Cost of material and Cost of material and services purchased was services purchased was R185m compared to R185m compared to R194,4m for 2002/2003R194,4m for 2002/2003
Personnel expenses Personnel expenses amounted to R279m amounted to R279m (previous period was R263m)(previous period was R263m)
Interest paid on borrowings Interest paid on borrowings amounted to R3,3m as amounted to R3,3m as opposed to R19,5 in opposed to R19,5 in 2002/20032002/2003
Cash flow pressures Cash flow pressures necessitated the utilisation of necessitated the utilisation of overdraft facilityoverdraft facility
Funding from DST Funding from DST R1,6m past yearR1,6m past yearR4,06m to end March R4,06m to end March 20042004Balance R5,6mBalance R5,6m
Social Performance Social Performance IndicatorsIndicators
Net increase of 4.91% of Net increase of 4.91% of permanent staff complementpermanent staff complement
Previous year Space Previous year Space Creation Programme was Creation Programme was successfulsuccessful
12 New managers were 12 New managers were appointedappointed
Designated people were Designated people were appointed into technical appointed into technical jobsjobs
Organised labour and Organised labour and management relationsmanagement relations
HIV/AidsHIV/AidsWellness ProgrammeWellness ProgrammeCancer BreakfastCancer Breakfast
Health, Safety and Health, Safety and environmentenvironment
Behaviour Based SafetyBehaviour Based Safety
Necsa Bursary SchemeNecsa Bursary SchemeNecsa has 15 bursars, of Necsa has 15 bursars, of which 93% are from which 93% are from designated groupdesignated group
Science and Technology Science and Technology Education Fund (STEF)Education Fund (STEF)
Necsa Retirement Fund and Necsa Retirement Fund and Medical AidMedical Aid
Environmental Environmental Performance Indicators Performance Indicators
Nuclear LicenceNuclear LicenceCompliance and approval of projectsCompliance and approval of projectsHSE AuditingHSE AuditingEnvironmental performanceEnvironmental performance
Water permitWater permitAir permitAir permitIodine occurrenceIodine occurrenceVaalputs environmental monitoringVaalputs environmental monitoring
BiodiversityBiodiversitySecurity – upgrade of security fence and Security – upgrade of security fence and installation of surveillance camerasinstallation of surveillance camerasEmergency services – Contract with Emergency services – Contract with Madibeng was renewed.Madibeng was renewed.
CORPORATE SERVICES
FACILITY MANAGEMENT
HTP
NTPNUCLEAR
TECHNOLOGY
NUCLEARSERVICES
CEOOFFICE
CHIEFEXECUTIVE
OFFICER
CORPORATISED NUCLEAR CORPORATE SERVICES
FINANCIAL SERVICES
NECSA LTDBOARD OF DIRECTORS
CEO
NUCLEARSERVICES
NUCLEARSERVICES
NUCLEARTECHNOLOGY
NUCLEARTECHNOLOGYHTPHTP NTPNTP FINANCIAL
SERVICES
FINANCIALSERVICES
FACILITY MANAGEMENT
FACILITY MANAGEMENT
CORPORATE SERVICES
CORPORATE SERVICES
Commercial
Organisational reportingOrganisational reporting
Nuclear ServicesNuclear Services Product and servicesProduct and services
Operation of SAFARI-1 reactor for commercial and institutional Operation of SAFARI-1 reactor for commercial and institutional applications.applications.
Management of nuclear waste and operation of Vaalputs National Management of nuclear waste and operation of Vaalputs National Radioactive Waste Disposal Facility. Decommissioning and Radioactive Waste Disposal Facility. Decommissioning and decontamination of closed nuclear facilities. decontamination of closed nuclear facilities.
Provision of Nuclear Safeguards function on national level as required Provision of Nuclear Safeguards function on national level as required by NTP. by NTP.
Coordination and administration of IAEA Technical Cooperation Coordination and administration of IAEA Technical Cooperation activities and AFRA on national level.activities and AFRA on national level.
Management of corporate HSE matters including Necsa’s nuclear Management of corporate HSE matters including Necsa’s nuclear license and quality servicelicense and quality service. .
Organisational reportingOrganisational reporting
Nuclear ServicesNuclear ServicesChallengesChallenges
Conversion of SAFARI-1 to locally produced LEU fuel.Conversion of SAFARI-1 to locally produced LEU fuel.
Growing SAFARI-1 involvement in commercial applications including Growing SAFARI-1 involvement in commercial applications including PBMR service.PBMR service.
Establishment of new Waste Management Agency within Necsa Establishment of new Waste Management Agency within Necsa structures. structures.
Upgrading and renovation of ageing nuclear waste processing Upgrading and renovation of ageing nuclear waste processing facilities. facilities.
Grow radioactive waste service in South Africa and Africa.Grow radioactive waste service in South Africa and Africa.
Participate in development of technology for final disposal (deep Participate in development of technology for final disposal (deep geological) of nuclear waste. geological) of nuclear waste.
Improve cooperation between AFRA and NEPAD. Improve cooperation between AFRA and NEPAD.
Maintain Necsa’s excellent nuclear safety record. Maintain Necsa’s excellent nuclear safety record.
Achieve the above within constraints of limited resources. Achieve the above within constraints of limited resources.
Organisational reportingOrganisational reporting
Nuclear ServicesNuclear Services2003/2004 Achievements2003/2004 Achievements
Conversion of SAFARI-1 Conversion of SAFARI-1 to locally produced LEU to locally produced LEU fuel.fuel.
Growing SAFARI-1 Growing SAFARI-1 involvement in involvement in commercial applications commercial applications including PBMR service.including PBMR service.
Establishment of new Establishment of new Waste Management Waste Management Agency within Necsa Agency within Necsa structures. structures.
Upgrading and Upgrading and renovation of ageing renovation of ageing nuclear waste nuclear waste processing facilities. processing facilities.
Grow radioactive waste Grow radioactive waste service in South Africa and service in South Africa and Africa.Africa.
Participate in development Participate in development of technology for final of technology for final disposal (deep geological) disposal (deep geological) of nuclear waste. of nuclear waste.
Improve cooperation Improve cooperation between AFRA and NEPAD.between AFRA and NEPAD.
Maintain Necsa’s excellent Maintain Necsa’s excellent nuclear safety record. nuclear safety record.
Achieve the above within Achieve the above within constraints of limited constraints of limited resources. resources.
Organisational reportingOrganisational reporting
Nuclear TechnologyNuclear TechnologyServicesServices
Establishment of PBMR fuel manufacturing and quality Establishment of PBMR fuel manufacturing and quality control capabilities on laboratory scalecontrol capabilities on laboratory scale
Radiation and reactor theory calculation services to Radiation and reactor theory calculation services to Necsa and PBMRNecsa and PBMR
Measurement of radioactivity for Necsa, mining and Measurement of radioactivity for Necsa, mining and agricultural industry, environmental monitoring, etc.agricultural industry, environmental monitoring, etc.
Non-invasive investigations of petrochemical and mining Non-invasive investigations of petrochemical and mining plants and processes by using radioisotopesplants and processes by using radioisotopes
Extensive support to NTP RadioisotopesExtensive support to NTP Radioisotopes
Organisational reportingOrganisational reporting
Nuclear TechnologyNuclear Technology
Research and DevelopmentResearch and Development
Development of radiopharmaceuticals in Development of radiopharmaceuticals in collaboration with local and overseas partnerscollaboration with local and overseas partners
Upgrading of SAFARI-1 neutron beam-line Upgrading of SAFARI-1 neutron beam-line research facilitiesresearch facilities
New neutron tomography capability found New neutron tomography capability found many applicationsmany applications
Expansion of locally developed reactor Expansion of locally developed reactor modelling computer codes for international modelling computer codes for international applicationsapplications
Organisational reportingOrganisational reporting
Nuclear TechnologyNuclear Technology
CollaborationCollaboration
Further growth in participation in IAEA and Further growth in participation in IAEA and AFRA programmes; strong contribution AFRA programmes; strong contribution towards enhanced sustainability of African towards enhanced sustainability of African nuclear institutionsnuclear institutions
Growing research and training Growing research and training collaboration with higher education collaboration with higher education institutionsinstitutions
Organisational reportingOrganisational reporting
Nuclear TechnologyNuclear Technology
ChallengesChallenges
Accelerated expansion of capacity (staff, Accelerated expansion of capacity (staff, skills, experimental facilities) to perform skills, experimental facilities) to perform research, development and training for research, development and training for Necsa’s growthNecsa’s growth
Expansion of collaborative networksExpansion of collaborative networks
Accessing additional funding sourcesAccessing additional funding sources
Organisational reportingOrganisational reporting
Corporate ServicesCorporate Services
ServicesServicesCommercial legal servicesCommercial legal services
Human capital management, administration Human capital management, administration and developmentand development
Corporate Communication and Public Corporate Communication and Public RelationsRelations
Procurement and provisioningProcurement and provisioning
Provision of information technology servicesProvision of information technology services
Organisational reportingOrganisational reporting
Corporate ServicesCorporate ServicesChallengesChallenges
Business transformation i.r.o social equity and Business transformation i.r.o social equity and world class business practices.world class business practices.
Removal of ±Removal of ±R200mR200m Post-Retirement Medical Post-Retirement Medical Aid (PRMA) liability from the Necsa balance sheet.Aid (PRMA) liability from the Necsa balance sheet.
Retention of skilled human capital in the nuclear Retention of skilled human capital in the nuclear field.field.
Leave liability valued at R31,5mLeave liability valued at R31,5m
Human resource development.Human resource development.
Employment creation.Employment creation.
Organisational reportingOrganisational reporting
Corporate ServicesCorporate Services
MilestonesMilestones
Commercialisation of NTPCommercialisation of NTP
Restructuring and/or realignment of Restructuring and/or realignment of Necsa in line with vision 2010.Necsa in line with vision 2010.
Necsa-wide recovery plan to Necsa-wide recovery plan to achieve Growthachieve Growth
Organisational reportingOrganisational reporting
Facilities ManagementFacilities Management
ServicesServicesProperty supportProperty support,, include among others:include among others:
Property managementProperty managementTelecommunicationTelecommunicationSecuritySecurityMechanical and Mechanical and electrical maintenanceelectrical maintenance
Maintenance ServicesMaintenance ServicesMechanical and Mechanical and electrical electrical Heavy vehicle Heavy vehicle maintenancemaintenance
Utilities ServicesUtilities ServicesProcess WaterProcess WaterDrinking waterDrinking waterCompressed airCompressed airSewerageSewerageElectricityElectricity
Technical ServicesTechnical ServicesMaintenance PlanningMaintenance PlanningElectrical EngineeringElectrical EngineeringDesign and DraftingDesign and DraftingProjectsProjects
Organisational reportingOrganisational reporting
Facilities ManagementFacilities ManagementChallengesChallenges
CorporatisationCorporatisation
Strategic partnership (negotiations in progress)Strategic partnership (negotiations in progress)
ISO 9001 certificationISO 9001 certification
BBS implementationBBS implementation
Enhancement of Information Management Enhancement of Information Management systemssystems
Maintenance management systemMaintenance management systemBuilding management systemBuilding management system
Utilities optimization and energy managementUtilities optimization and energy management
Hartbeespoort dam water treatmentHartbeespoort dam water treatment
Organisational reportingOrganisational reporting
Facilities ManagementFacilities ManagementAchievementsAchievements
Ventilation optimization: R 96k p.a.Ventilation optimization: R 96k p.a.
Reduction of vehicles: R 118k p.a.Reduction of vehicles: R 118k p.a.
Electricity savings due to timers on HVAC systems : R 94k p.a.Electricity savings due to timers on HVAC systems : R 94k p.a.
Pelindaba East commissioning of reverse osmosis plant: R 180k Pelindaba East commissioning of reverse osmosis plant: R 180k p.a. in effluent treatmentp.a. in effluent treatment
Small capital items (tols): R 143k for 2004 financial yearSmall capital items (tols): R 143k for 2004 financial year
Phase in of Rand water tariff increase through DTI intervention Phase in of Rand water tariff increase through DTI intervention – savings still to be realised– savings still to be realised
Maintenance schedule optimization (task and frequency Maintenance schedule optimization (task and frequency review)review)
Organisational reportingOrganisational reporting
NTP Radioisotopes NTP Radioisotopes (Pty) Ltd(Pty) Ltd
Products and servicesProducts and services
Radiochemicals include Radiochemicals include the following:the following:
Molybdenum-99 Molybdenum-99 Iodine-131Iodine-131Sulphur-35Sulphur-35Phosphorus-32Phosphorus-32Phosphorus-33Phosphorus-33Yttrium-99Yttrium-99
Radioactive sourcesRadioactive sourcesIrridium-192 used Irridium-192 used for non-destructive for non-destructive testing of welds, testing of welds, process vessel walls process vessel walls and piping.and piping.
Cobalt -60 Cobalt -60 Caesium used for Caesium used for process control process control instrument instrument application.application.
Specialised transport, Specialised transport, transfer and process transfer and process control containers are control containers are designed, designed, manufactured and manufactured and licensed by NTP.licensed by NTP.
NTP performs contract NTP performs contract manufacturing manufacturing operations, andoperations, and
It produces a It produces a comprehensive range comprehensive range of of radiopharmaceuticals.radiopharmaceuticals.
Organisational reportingOrganisational reporting
NTP Radioisotopes NTP Radioisotopes (Pty) Ltd (Pty) Ltd
AchievementsAchievementsBuilt and commissioned the first Yttrium-90 Built and commissioned the first Yttrium-90 radiochemical production facilityradiochemical production facilityDeveloped the technology for production of the Developed the technology for production of the isotopes Re-186 and Lu-177isotopes Re-186 and Lu-177Radiopharmaceutical MIBG has been Radiopharmaceutical MIBG has been successfully produced and made available in SAsuccessfully produced and made available in SAImprovements were made to the PELTEK-F Improvements were made to the PELTEK-F generatorgeneratorIntroduced a behaviour based safety Introduced a behaviour based safety programme (LEBO)programme (LEBO)
Organisational reportingOrganisational reporting
HTPHTPProductProduct
This business division house the non-nuclear This business division house the non-nuclear commercial activities of Necsa, which comprises commercial activities of Necsa, which comprises three units, namely:three units, namely:
Pelchem – houses the chemical marketing Pelchem – houses the chemical marketing
and manufacturing unitand manufacturing unit
Peldev - houses the flourochemical Peldev - houses the flourochemical
development unitdevelopment unit
PTS - is the engineering and manufacturingPTS - is the engineering and manufacturing unitunit
Organisational reportingOrganisational reporting
HTPHTP
ChallengesChallenges
Re-structuring and re-engineering the Re-structuring and re-engineering the divisiondivision
Hive off Profitable units and market BEE Hive off Profitable units and market BEE partnerspartners
Implementation of the Turnaround StrategyImplementation of the Turnaround Strategy
ImproveImprove and meet budget obligations to and meet budget obligations to NecsaNecsa
Organisational reportingOrganisational reporting
Financial ServicesFinancial ServicesFINANCIAL PERFORMANCE AT YEAR ENDFINANCIAL PERFORMANCE AT YEAR END
The strong rand had a very negative impact on The strong rand had a very negative impact on the performance of the group.the performance of the group.
The export sales dropped, our net profitability, The export sales dropped, our net profitability, cash flow position were down by R57.4m cash flow position were down by R57.4m compared to budget.compared to budget.
Necsa sold its operating division NTP to NTP Necsa sold its operating division NTP to NTP Radioisotopes (Pty) Ltd as a going concern Radioisotopes (Pty) Ltd as a going concern realising a profit of R199m. realising a profit of R199m.
The above profit was eliminated by the provision The above profit was eliminated by the provision for post retirement medical aid of R290m. for post retirement medical aid of R290m.
Organisational reportingOrganisational reporting
Financial ServicesFinancial ServicesINCOME STATEMENTS INCOME STATEMENTS FOR THE YEAR ENDED 31FOR THE YEAR ENDED 31STST MARCH 2004 MARCH 2004
NotesNotes CorporationCorporation20042004
R,000R,000
GroupGroup20042004
R’000R’000
CorporationCorporation20032003
R,000R,000
GroupGroup20032003
RevenueRevenueCost of salesCost of sales
11 456 336456 336(191 886)(191 886)
520 203520 203(233 604)(233 604)
555 289555 289(228 315)(228 315)
600 826600 826(261 936)(261 936)
Gross profitGross profitOther operating incomeOther operating incomeAdministrative expensesAdministrative expensesOther operating expensesOther operating expenses
264 450264 45026 99826 998
(31 706)(31 706)(320 752)(320 752)
286 599286 59926 16126 161
(34 133)(34 133)(339 815)(339 815)
326 974326 97435 44435 444
(27 342)(27 342)(325 229)(325 229)
338 890338 89037 66437 664
(29 200)(29 200)(334 450)(334 450)
Operating (loss)/profitOperating (loss)/profitFinance costsFinance costs
2266
(61 010)(61 010)3 9523 952
(61 188)(61 188)4 9424 942
9 8479 8474 6254 625
12 90412 9046 0936 093
PROFIT/(LOSS) BEFORE TAXPROFIT/(LOSS) BEFORE TAXIncome tax expenseIncome tax expense
77 (57 058)(57 058)6 7786 778
(56 246)(56 246)4 9204 920
14 47214 472(6 778)(6 778)
18 99718 99798 768)98 768)
NET PROFIT/(LOSS)NET PROFIT/(LOSS) 22 149 493149 493 (51 353)(51 353) 241 128241 128 241 992241 992
EARNINGS/(LOSS) PER SHAREEARNINGS/(LOSS) PER SHARE 88 (22,80)(22,80) (23,28)(23,28) 3,493,49 4,644,64
Organisational reportingOrganisational reporting
Financial ServicesFinancial ServicesBALANCE SHEETS AS AT 31BALANCE SHEETS AS AT 31STST MARCH 2004 MARCH 2004
NotesNotes CorporationCorporation20042004
R,000R,000
GroupGroup20042004
R’000R’000
CorporationCorporation20032003
R,000R,000
GroupGroup20032003
ASSETSASSETSNON-CURRENT ASSETSNON-CURRENT ASSETS
447 471447 471 214 907214 907 231 320231 320 224 062224 062
CURRENT ASSETSCURRENT ASSETS 115 525115 525 163 146163 146 191 029191 029 213 722213 722
TOTAL ASSETSTOTAL ASSETS 562 996562 996 378 053378 053 422 349422 349 437 784437 784
EQUITY AND LIABILITIESEQUITY AND LIABILITIES
CAPITAL AND RESERVESCAPITAL AND RESERVES126 507126 507 (78 247)(78 247) 224 104224 104 231 398231 398
NON-CURRENT LIABILITIESNON-CURRENT LIABILITIES 314 640314 640 322 236322 236 66 95666 956 68 86368 863
CURRENT LIABILITIESCURRENT LIABILITIES 121 849121 849 134 064134 064 131 289131 289 137 523137 523
TOTAL EQUITY AND LIABILITIESTOTAL EQUITY AND LIABILITIES 562 996562 996 378 053378 053 422 349422 349 437 784437 784
Organisational reportingOrganisational reporting
Financial ServicesFinancial ServicesNECSA GROUP
-1000
-800
-600
-400
-200
0
200
400
600
800
1000
2002 2003 2004 2005 2006 2007 2008 2009
INCOME EXPENDITURE PROFIT(LOSS) BEFORE TAX
ACTUAL BUDGET
NECSA GOVERNMENT GRANT APPORTIONMENT
0
50
100
150
200
250
300
350
400
450
2002 2003 2004 2005 2006 2007
OPERATIONAL LOANS INTEREST D&D POST RETIREMENT
Organisational reportingOrganisational reporting
Financial ServicesFinancial ServicesNECSA RESOURCE COSTS: MAR 2004
RELATIVE SHARE OF EXPENSES
CAPITAL COSTS
5%
LABOUR COSTS
53%
"OTHER"
OPERATIONAL COSTS
33%
OPERATING MATERIAL COSTS
9%
Organisational reportingOrganisational reporting
Financial ServicesFinancial Services
FOREIGN SALES & EXCHANGE RATES
0
5
10
15
20
Mar-01 Mar-02 Apr-03 May-03 J un-03 J ul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 J an-03 Febr-03
Mar-030
2
4
6
8
10
12
Foreign sales US $ EURO
Necsa’s current Necsa’s current challenges challenges
Implementation of a Necsa-wide Implementation of a Necsa-wide Recovery PlanRecovery Plan
Financial constraints led to a decision Financial constraints led to a decision on non no salary increase for 2004/05 review o salary increase for 2004/05 review periodperiod
annual salary increasesannual salary increases
HTP turnaround strategyHTP turnaround strategy
Austerity ApproachAusterity Approach
Reduction of Expenditure.Reduction of Expenditure.
Reduce over-head costReduce over-head cost
ESOP Scheme.ESOP Scheme.
Manage down leave liabilityManage down leave liability
Manage austerity measures stringentlyManage austerity measures stringently
Special Performance Reward.Special Performance Reward.
Combat fraud and corruptionCombat fraud and corruption
Services rendered within Necsa, to be sourced within first before Services rendered within Necsa, to be sourced within first before external contractors are commissioned. external contractors are commissioned.
Recovery Plan Recovery Plan process processDivisionDivision Austerity R’MAusterity R’M Additional Additional
R’MR’MTotalTotal
R’MR’M
CEOCEO 1,51,5 5,05,0 6,56,5
CSCS 1,81,8 1,01,0 2,82,8
FSFS 1,61,6 1,01,0 2,62,6
FMFM 5,05,0 3,03,0 8,08,0
NSNS 9,09,0 5,05,0 14,014,0
NTNT 13,013,0 7,07,0 20,020,0
NTPNTP 13,013,0 13,013,0
HTPHTP 35,035,0
SALARY SALARY REVIEWREVIEW
12,012,0 12,012,0
TOTALTOTAL 113,9113,9
ProjectsProjectsBuild Strategic FunctionBuild Strategic Function
Marketing: Marketing: Gvt, Corporate, Banking Sector, Local & internationalGvt, Corporate, Banking Sector, Local & international
Oversight: Oversight: Audit and InvestigationAudit and Investigation
Strategic ProjectsStrategic Projects
PBMR: PBMR: Join BoDJoin BoD
Project Project ““ithemba lethuithemba lethu””
Peldev to CSIR: Peldev to CSIR: PRMA Liability: PRMA Liability: Jointly with CS & FSJointly with CS & FS
Silicon BeneficiationSilicon Beneficiation
Fund RaisingFund RaisingCorporate: Corporate: R 250 mR 250 mNTP: NTP: R 25 mR 25 mSecurity: Security: R 9 m R 9 mFluorine Fluorine R 92 m (less R21M included R 92 m (less R21M included under under
HTP)HTP)STEFSTEF R 25 mR 25 mPSIPSI R 5 mR 5 m
The challenge ahead…..Sustaining profitability & growth
VISION 2010 :
Strategy for growth
NECSA : Vision 2010Where are we …
1988 20042002 2007 2010
Phase 1
Phase 2
Phase 3
Tu
rn a
rou
nd
gro
wth
co
ns
olid
atio
n
CHALLENGES FOR THE CHALLENGES FOR THE FUTUREFUTURE
1.1. Growth and DevelopmentGrowth and Development– Business development to exploit opportunitiesBusiness development to exploit opportunities
PBMRPBMR Sun energy silicon systemsSun energy silicon systems Expansion of radiation based productsExpansion of radiation based products Expansion of Fluorine based chemical productsExpansion of Fluorine based chemical products Contract R&DContract R&D RERTR program—SAFARI-1 conversionRERTR program—SAFARI-1 conversion Green coal Green coal
Corporatisation and growth of HTP and NTPCorporatisation and growth of HTP and NTP Skills development and trainingSkills development and training Improvement of productive application of resourcesImprovement of productive application of resources
2.2. Restructuring and TransformationRestructuring and Transformation
1.1. Necsa’s PositioningNecsa’s Positioning– Alignment to DME Alignment to DME – Other DepartmentsOther Departments
2.2. Political Positioning via interaction with Political Positioning via interaction with Parliamentary Portfolio Committee and Parliamentary Portfolio Committee and other entitiesother entities
3.3. FundingFunding– Necsa requires approx R 236 million additional Necsa requires approx R 236 million additional
governmental funding over next three years to governmental funding over next three years to address expanded institutional activitiesaddress expanded institutional activities
4.4. Legislative and Policy MattersLegislative and Policy Matters– PFMAPFMA– King IIKing II– Companies ActCompanies Act
5.5. Upgrading of Site SecurityUpgrading of Site Security
Political InterventionPolitical Intervention
• Financial Support for the Infrastructure Financial Support for the Infrastructure RegenerationRegeneration
• Security UpgradeSecurity Upgrade
• SAFARI I ConversionSAFARI I Conversion
• Funding for PRMA LiabilityFunding for PRMA Liability
• Support for Necsa”s Participation in the Support for Necsa”s Participation in the PBMRPBMR
• Funding for Skills Transfer and Funding for Skills Transfer and RedevelopmentRedevelopment
ImagineImagine……….……….A world where people stopped shaking in A world where people stopped shaking in
the boots at the mention of radioactivity. the boots at the mention of radioactivity.
………………
A world where nuclear didn’t conjure up A world where nuclear didn’t conjure up
emotions of danger and fear of the emotions of danger and fear of the
unknown…………… unknown……………
Where nuclear didn’t mean secrecy, Where nuclear didn’t mean secrecy,
Hiroshima, and weapon of massHiroshima, and weapon of mass
destruction destruction
But rather nuclear equaledBut rather nuclear equaled lifelife………………….…………………. ImagineImagine
We are an example to the world
We co-operate across Africaand the globe to promote
the safe application of
nuclear technology
Using nuclear analytical technology, we help unravel the history of our universe
We help unlock mysteries of our creation
We provide facilities in supportof nature conservation
We ensure that your children will see today’s endangered species tomorrow
We create tomorrows technology leaders
Skills development is a priority at Necsa, and we transfer our vast scientific skills to future leaders
We work relentlessly to improve your health
With our range of medical products, we help your doctor to diagnose and treat diseases
We connect you
Irradiated silicon and specialized gases from NECSA, are used in theproduction of microchips, which make your cell phone and computer smarter
We help bring you the best things life has to offer
Products from Necsa are used in the production of luxury items such as crystal glass, diamonds and sports cars
We make your car more environmentally friendly
With fuel tanks treated at NECSA, your car is friendlier to the environment
We help you find your way
Our luminescent lights help you
find your way at the movies,
and in the event of a power failure
We uplift your community
Through the establishment
of the Necsa Eco-Industrial
TechnologyPark,
we attract businesses, which provide employment
to our surrounding communities
PartnerPartner
Teamwork
TrustOpen
Engage
Respectdedicated
Reliable
Professional
Dedicated
We value the contribution of each and every one in the NECSA team
We include our communities and our actions are transparent
We build our relationships through respect and trust
ExcellenceExcellence
World-class
MeticulousDedicated
QualityWe are dedicated to excellence in all of our efforts
We exceed expectations
Perseverance
Cutting Edge
Life EnhancingLife Enhancing
Our actions impact positively on Our actions impact positively on lifelife
We add value in all that we doWe add value in all that we do
Imaginative
Visionary
Impact
Proactive
Progressive
innovative
empower
EntrepreneurialEntrepreneurial
We are passionate about our We are passionate about our businessbusiness
We tirelessly strive to meet ourWe tirelessly strive to meet our
customer’s needscustomer’s needs
Ambitious Passionate
Customer focusedSolutions
driven
successful
agile
resilient
LeaderLeader
We are a proven source of authorityWe are a proven source of authority
We are leaders in the development and We are leaders in the development and application of standards and application of standards and benchmarksbenchmarks
Expert
Proven
Knowledge drivenBenchmark
Confident
ResponsibleResponsible
We practice sound governanceWe practice sound governance
We are the trusted custodians of We are the trusted custodians of safety, health and the environmentsafety, health and the environment
Nurturing and personal
Accountable
Protective
Commitment
conscience
NurturingVigilant
Integrity
QUESTIONS