Capital Market. National financial account Flows for the quarters and the year

Transcription

1 Capital Market Capital market and related interest rates Capital market activity: Primary and secondary m a r k e t s N o n - resident and real estate t r a n s a c t i o n s Derivative market a c t i v i t y S h a re prices, yields and stock exchange activity Due to an agreement with the Johannesburg Stock Exchange (JSE) this information is not published under the home-page of the SA Reserve Bank. Information on share prices can be obtained from: j s e. c o. z a Unit trusts Public Investment Commissioners: Liabilities and a s s e t s Long-term insurers: Income s t a t e m e n t Long-term insurers: Liabilities and a s s e t s Short-term insurers: Income s t a t e m e n t Short-term insurers: Liabilities and a s s e t s O fficial pension and provident funds: Income s t a t e m e n t O fficial and private self-administered pension and provident funds: Assets and l i a b i l i t i e s Private self-administered pension and provident funds: Assets and income s t a t e m e n t Participation mortgage bond s c h e m e s National financial account Flows for the quarters and the year Key Information General notes Owing to the rounding off of figures, the sum of the separate items will sometimes differ form the total shown.... denotes not available denotes a value equal to nil 0 denotes a value between nil and half of the measuring unit

2 KAPITAALMARK- EN VERWANTE RENTEKOERSE Persentasie CAPITAL MARKET AND RELATED INTEREST RATES Percentage Opbrengskoerse 1 op leningseffekte op die effektebeurs verhandel 2 Yields 1 on loan stock traded on the bond exchange 2 Oorheersende koerse Predominant rates Staatseffekte / Government stock Kleinhandel-deposito's / Retail deposits Nuwe verbandlenings New mortgage loans R1 - R R1 - R Datum Datum Datum Datum Terug- R6 000 R R6 000 R Date Date Date Date Belasting betalings Tax Refunds (2020M) (2021M) (2022M) (2023M) (2024G) (2026G) (2025G) (2027G) (2028G) Banke Deelne- Munisi- Postbank- mingsver- Banke: Deelne- 0 tot 3 tot 5 tot 10-jaar Eskom- pale Banks spaarserti- bandske- Wooneen- mingsver- Einde 3 jaar 5 jaar 10 jaar en langer effekte effekte 3 fikate mas 4 hede bande End of 0 to 3 to 5 to 10 years Eskom Municipal Vaste deposito's Postbank Participa- Banks: Partici- 3 years 5 years 10 years and stock stock 3 Fixed deposits savings tion mort- Dwelling pation over certi- gage bond units mortgage 1 jaar 3 jaar ficates schemes 4 bonds 1 year 3 years (2000M) (2001M) (2002M) (2003M) (2004M) (2005M) (2007M) (2008M) (2009M) (2010M) (2011M) (2012M) : Mei/May Jun Jul Aug Sept Okt./Oct Nov Des./Dec : Jan Feb Mrt./Mar April KB201 Woekerwet: Maksimum finansieringskostekoerse Usury Act: Maximum finance charges rates Krediet- en bruikhuur- Voorgeskrewe rente- Amptelike rentekoers 8 Einde Geldlenings transaksies koers 6 Rentekoers op lenings uit (Belasting op Rentekoerse van toepassing op (Vonnisskuld) Staatsinkomstefonds 7 byvoordele) uitstaande BTW-bedrae End of Money loans Credit and leasing transactions Prescribed rate of Rate of interest on Official rate of interest 8 Rates of interest on interest 6 loans from the (Fringe benefit outstanding VAT amounts Bedragkategorieë 5 Bedragkategorieë 5 (Judgement debt) State Revenue Fund 7 taxation) Amount categories 5 Amount categories 5 (i) (ii) (iii) (iv) Art Art : Sept Okt/Oct Nov Des./Dec : Jan Feb Mrt/Mar Apr /07/ /02/ /08/ /09/ / /10/ /02/ /05/ /06/ /07/ /08/ /09/ /10/ /11/ /01/ /03/ /04/ /05/ /03/ /12/ /01/ /06/ /05/ /08/ /01/ /02/ /09/ /12/ /05/ /11/ /06/ /12/ /05/ KB Maandelikse gemiddelde opbrengskoers van effekte. 2. Bron: Die Effektebeurs van Suid-Afrika vanaf November Voorheen die Johannesburgse Aandelebeurs. 3. Slegs die vyf grootste munisipaliteite, naamlik Durban, Johannesburg, Kaapstad, Port Elizabeth en Pretoria. 4. Beleggingskoers na aftrekking van bestuursfooi. 5. Bedragkategorieë vanaf 5/5/1988 soos aangedui; 5/12/1986 tot 4/5/1988: R1-R4 000 en R4 001-R70 000; 11/2/1986 tot 4/12/1986: R1-R2 500 en R2 501-R Vanaf 11/9/1981 tot 10/2/1986 was dit vir geldlenings R1-R2 000, R2 001-R5 000 en R R en vir krediet- en bruikhuurtransaksies R1-R en R R Vanaf 31/12/92 sekere vrystellings t.o.v. bedrae minder as R Voorgeskrewe rentekoers (Artikel 1 van Wet no. 55 van 1975), Departement van Justisie. Die Wet maak voorsiening vir die berekening en betaling van rente op sekere vonnisskulde. 7. Die standaardrentekoers van toepassing op lenings toegestaan deur die Staat uit die Staatsinkomstefonds, Skatkiswet (Wet no. 66 van 1975). 8. Amptelike rentekoers soos omskryf in die Inkomstebelastingwet (Wet no. 58 van 1962). 9. Rente weens die versuim om belasting te betaal wanneer verskuldig. Wet op Belasting op Toegevoegde Waarde (Wet no. 89 van 1991). 10. Rente op vertraagde terugbetalings. Wet op Belasting op Toegevoegde Waarde (Wet no. 89 van 1991). 1. Monthly average yield of stock. 2. Source: The Bond Exchange of South Africa as from November Previously the Johannesburg Stock Exchange. 3. Only the five largest municipalities, namely Cape Town, Durban, Johannesburg, Port Elizabeth and Pretoria. 4. Rate on investment after deduction of management fee. 5. Amount categories from 5/5/1988 as indicated; 5/12/1986 to 4/5/1988: R1-R4 000 and R4 001-R70 000; 11/2/1986 to 4/12/1986: R1-R2 500 and R2 501-R From 11/9/1981 to 10/2/1986 money loans were R1-R2 000, R2 001-R5 000 and R R and credit and leasing transactions R1-R and R R From 31/12/92 certain exemptions with regard to amounts of less than R Prescribed rate of interest (Section 1 of Act No. 55 of 1975), Department of Justice. This Act provides for the calculation and payment of interest on certain judgement debts. 7. The standard interest rate applicable to loans granted by the State out of the State Revenue Fund, Exchequer Act (Act No. 66 of 1975). 8. Official rate of interest as defined by the Income Tax Act (Act No. 58 of 1962). 9. Interest for failure to pay tax when due. Value Added Tax Act (Act No. 89 of 1991). 10. Interest on delayed refunds. Value Added Tax Act (Act No. 89 of 1991). S29

3 KAPITAALMARKBEDRYWIGHEID Primêre en sekondêre markte CAPITAL MARKET ACTIVITY Primary and secondary markets Primêre mark / Primary market Sekondêre mark / Secondary market Netto uitgiftes van bemarkbare effekte Kapitaal verkry op die Johannesburgse Aandelebeurs- Effektebeurs transaksies Aandelebeurs 2 transaksies Net issues of marketable bonds Capital raised on the Johannesburg Stock exchange Bond exchange transactions Stock Exchange 2 transactions Openbare sektor 1 Private sektor Aandele 2 Effekte 3 Public-sector 1 Private sector Shares 2 Bonds 3 Totale Regte- Totale Totale Effekte gekoop waarde Regte- uitgiftes volume waarde Totale Bonds purchased Openbare van aandele uitgiftes van van vaste- van aan- van aantal Plaaslike onderne- Ander -kapitaal gewone rentedraende dele ver- aandele transak- Totale Tydperk Staat owerhede mings leners Totaal verkry aandele sekuriteite handel 4 verhandel sies 5 Totale nominale koopprys waarde Period Govern- Local Public Other Total Total Rights Rights Total Total Total ment authori- enterprises borrowers value issues of issues of volume value number Total Total ties of share ordinary fixed- of shares of shares of trans- considera- nominal capital shares interest traded 4 traded actions 5 tion value raised securities (2030M) (2031M) (2032M) (2033M) (2034M) (2043M) (2044M) (2045M) (2038M) (2039M) (2040M) (2041M) (2042M) : Mei/May Jun Jul Aug Sept Okt./Oct Nov Des./Dec : Jan Feb Mrt./Mar April KB203 Nie-inwoner en vaste-eiendomstransaksies Non-resident and real-estate transactions Transaksies deur nie-inwoners / Transactions by non-residents Vaste eiendom 7 / Real estate 7 Aandele 2 / Shares 2 Effekte 6 / Bonds 6 Waarde van Aantal vastevaste-eiendoms- eiendomstransaksies transaksies 5 Tydperk Aankope Verkope Netto aankope Aankope Verkope Netto aankope Value of Number of Period Purchases Sales Net purchases Purchases Sales Net purchases real-estate real-estate transactions transactions 5 (2550M) (2551M) (2050M) (2553M) (2554M) (2051M) (2056M) (2057M) : Mei/May Jun Jul Aug Sept Okt./Oct Nov Des./Dec : Jan Feb Mrt./Mar April KB Netto kontantontvangste na terugbetaling van aflossings. L.W. Netto toename aan eie effekte uitgesluit. 2. Bron: Die Johannesburgse Aandelebeurs. 3. Bron: Die Effektebeurs van Suid-Afrika vanaf Janaurie Volume in miljoene. 5. Werklike aantal. 6. Bron: Die Effektebeurs van Suid-Afrika vanaf Januarie Gemeet by registrasie. Seisoensinvloed uitgeskakel. 1. Net cash receipts after repayment of redemptions. N.B. Net increase in own securities excluded. 2. Source: The Johannesburg Stock Exchange. 3. Source: The Bond Exchange of South Africa as from January Volume in millions. 5. Actual number. 6. Source: The Bond Exchange of South Africa as from January Measured at registration. Seasonally adjusted. S30

4 AFGELEIDEMARK-BEDRYWIGHEID DERIVATIVE MARKET ACTIVITY Afgeleide mark 1 / Derivative market 1 Rand-dollar- Kommoditeits- Termynkontrakte Opsies op termynkontrakte termyn- termynkontrakte kontrakte Futures contracts Options on futures contracts Rand-dollar Commodity futures futures contracts contracts Tydperk Aantal Aantal Onderliggende Oop Aantal Aantal Onderliggende Oop Aantal Aantal transaksies 2 kontrakte 2 waarde posisie 3 transaksies 2 kontrakte 2 waarde posisie 3 kontrakte 2 kontrakte 2 Period Number of Number of Underlying Open Number of Number of Underlying Open Number of Number of deals 2 contracts 2 value interest 3 deals 2 contracts 2 value interest 3 contracts 2 contracts 2 (2052M) (2053M) (2054M) (2055M) (2552M) (2555M) (2556M) (2557M) (2558M) (2559M) : Nov Des./Dec : Jan Feb Mrt./Mar April Mei/May Jun Jul Aug Sept Okt./Oct Nov Des./Dec : Jan Feb Mrt./Mar April Mei/May Jun Jul Aug Sept Okt./Oct Nov Des./Dec : Jan Feb Mrt./Mar April KB Bron: Die Suid-Afrikaanse Termynbeurs. 2. Werklike aantal. 3. Werklike aantal soos op die laaste besigheidsdag van die betrokke maand en jaar. 1. Source: The South African Futures Exchange. 2. Actual number. 3. Actual number as at the last business day of the particular month and year. S31

5 EFFEKTETRUSTS 1 UNIT TRUSTS 1 Uitgesoekte poste en transaksies Selected items and transactions Markwaarde van besit aan sekuriteite 2 Transaksies in onderaandele 6 Transaksies in sekuriteite 9 Market value of security holdings 2 Geldmark- Transactions in units 6 Transactions in securities 9 Alle fondse: fondse: Effekte Effekte, mark- mark- Totale van skuldbriewe Kontant waarde waarde bates teen openbare en voorkeur- Gewone en van netto van netto boek- Bruto Terug- Netto Netto Tydperk sektor 3 aandele aandele deposito s 4 bates 5 bates 5 waarde verkope 7 kope 8 verkope Aankope Verkope belegging Period Public Stocks, Ordinary Cash All funds: Money Total Gross Re- Net Purchases Sales Net sector debentures shares and market market assets at sales 7 purchases 8 sales investment securities 3 and prefer- deposits 4 value of funds: book ence shares net assets 5 market value value of net assets 5 (2410M) (2411M) (2412M) (2414M) (2415M) (2423M) (2422M) (2416M) (2417M) (2418M) (2419M) (2420M) (2421M) : April Mei/May Jun Jul Aug Sept Okt./Oct Nov Des./Dec : Jan Feb Mrt./Mar April Mei/May Jun Jul Aug Sept Okt./Oct Nov Des./Dec : Jan Feb Mrt./Mar April Mei/May Jun Jul Aug Sept Okt./Oct Nov Des./Dec : Jan Feb Mrt./Mar KB Uitgesluit effektetrusts geklassifiseer as fonds van fondse. 2. Aan die einde van die tydperk. 3. Effekte uitgereik deur die Regering, plaaslike owerhede, die Landbank, Eskom, Rand Water en ander effekte deur die Registrateur van Effektetrustmaatskappye goedgekeur. 4. Insluitende geldmark-effektetrusts se portefeuljes vanaf Mei Markwaarde van effektebesit, plus kontant, deposito's en opgelope inkomste, minus korttermynverpligtings, aan die einde van die tydperk. 6. Deur die bestuursmaatskappye. 7. Teen verkooppryse. Insluitende omruilings teen markwaardes vir 'n gelykwaardige bedrag aan onderaandele teen verkooppryse. 8. Teen terugkooppryse. 9. Teen werklike transaksiewaardes. 1. Excluding unit trusts classified as fund of funds. 2. At the end of the period. 3. Securities issued by the Government, local authorities, the Land Bank, Eskom, Rand Water and other securities approved by the Registrar of Unit Trust Companies. 4. Including money market unit trusts portfolios as from May Market value of security holdings, plus cash, deposits and accrued income, less current liabilities, as at end of the period. 6. By the management companies. 7. At selling prices. Including switching at market values for an equivalent amount of units at selling prices. 8. At repurchase prices. 9. At actual transaction values.

6 OPENBARE BELEGGINGSKOMMISSARISSE Laste PUBLIC INVESTMENT COMMISSIONERS Liabilities Fondse ontvang van / Funds received from Bestaans- Heropbou- en Ander Openbare Pensioen- Nie-inwoners 3 beveili- Ontwikkelings- regerings- onderne- en voorsorg- Non-residents 3 Einde gingsfondse 1 programfonds fondse mings fondse Huishoudings 2 Ander Totaal Korttermyn- Langtermyn- End of Social Reconstruction Other Public Pension Households 2 fondse fondse Other Total security funds 1 and government enterprises and provident Development funds funds Short-term Long-term Programme funds funds fund (2520K) (2543K) (2521K) (2522K) (2523K) (2544K) (2526K) (2527K) (2528K) (2529K) : : : KB212 Bates Assets Vaste-rentedraende effekte Wissels uitgereik deur Gewone aandele Fixed-interest securities Bills issued by Ordinary shares Kontant Openbare en Plaaslike onderne- Sentrale Openbare Direkte Indirekte Einde deposito's Staat owerhede mings Ander 4 regering korporasies 5 Banke Ander belegging belegging 6 Ander 7 Totaal End of Cash and Government Local Public Other 4 Central Public Banks Other Direct Indirect Other 7 Total deposits authorities enterprises government corporations 5 investment investment 6 (2530K) (2531K) (2532K) (2533K) (2534K) (2535K) (2545K) (2542K) (2538K) (2546K) (2547K) (2541K) (2539K) : : : KB Fondse vir Skadeloosstelling van Werkmense, Vergoedingsfondse vir Myne en Bedrywe en Werkloosheidsversekeringsfonds. 2. Hoofsaaklik trustrekeninge. 3. Die administrasie van hierdie fondse is by die SA Reserwebank gesetel. 4. Hoofsaaklik buitelandse effekte (goedgekeurde effekte van die BLNS-lande) en skuldbriewe. Effekteskuld van voormalige onafhanklike en selfregerende Nasionale State is vanaf 27 April 1994 na staatseffekte geherklassifiseer. 5. Insluitende openbare finansiële instellings en die staatsbehuisingsfondse. 6. Fondse deur eksterne portefeuljebestuurders in aandele belê. 7. Insluitende gewaarborgde beleggingskontrakte, effektetrusts en polisbeleggings. 1. Workmen's Compensation Fund, Mines and Works Compensation Fund and Unemployment Insurance Fund. 2. Mainly trust accounts. 3. The administration of these funds is located with the S A Reserve Bank. 4. Mainly foreign stock (approved stock of BLNS countries) and debentures. Stock debt of former independent and selfgoverning National States is reclassified to government stock as from 27 April Including public financial institutions and the state housing funds. 6. Funds invested in shares by external portfolio managers. 7. Including guaranteed investment contracts, unit trusts and investment policies. S35

7 LANGTERMYNVERSEKERAARS LONG-TERM INSURERS Inkomstestaat 1 Income statement 1 Lopende ontvangste / Current receipts Lopende uitgawes / Current expenditure Premies ontvang Eise betaal Afkopings Premiums received Claims paid Surrenders Bedrag Pensioen- Netto Pensioen- Ander Globale by dood fonds- en Binnelandse kapitaal- Beleg- en groep- Uittre- verseke- bedrag en ander ander Admini- lopende wins en gings- lewens dingsan- ringsbe- by uitbeta- lewens- stratiewe Dividend inkomste- ander Tydperk inkomste besigheid nuïteite sigheid aftrede lings Lyfrentes besigheid uitgawes Belasting betalings 2 oorskot inkomste 3 Period Invest- Pension Retire- Other in- Lump Lump sum Annuities Pension Admini- Taxation Dividend Domestic Net capiment and group ment an- surance sum at on death fund and strative payments 2 current tal profits income life nuities business retire- and other other expenses income and other business ment payments life surplus income 3 business (2190K) (2191K) (2192K) (2193K) (2194K) (2195K) (2196K) (2197K) (2198K) (2199K) (2200K) (2201K) (2202K) : : : KB Bron: Registrateur van Versekeringswese, Jaarverslae tot 1990 en daarna S.A. Reserwebank opnamegegewens. 2. Gegewens uit S.A. Reserwebankopname. 3. Insluitende alle buitelandse poste. 1. Source: Registrar of Insurance, Annual reports up to 1990 and thereafter S.A. Reserve Bank survey data. 2. Data from S.A. Reserve Bank survey. 3. Including all foreign items. S36

8 LANGTERMYNVERSEKERAARS 1 LONG-TERM INSURERS 1 Laste Liabilities Laste ingevolge onvervalle polisse Verpligtings Banke Eise nog Liability under Verseke- ten opsigte van en ander Versekeraar- Ander nie uit- Onverdeel- unmatured policies ringsfonds- Ander Aandele- afgeleide Ander Totale Einde lenings 2 krediteure 3 krediteure betaal nie de winste oorskot 5 reserwes kapitaal 6 instrumente laste laste Pensioen- Ander End of Banks Insurer- Other Claims not Unappro- besigheid 4 besigheid Insurance Other Share Claims in Other Total and other creditors 3 creditors yet paid priated fund reserves capital 6 respect of liabilities liabilities loans 2 out profits Pension Other surplus 5 derivative business 4 business instruments (2210J) (2211J) (2212J) (2213J) (2214J) (2215J) (2216J) (2217J) (2218J) (2219J) (2222J) (2220J) (2221J) KB215 Bates Assets Vasterentedraende effekte Lenings Fixed-interest securities Loans Munt, banknote Openbare Aan en Plaaslike onderne- Gewone Teen openbare Vaste Ander Totale Einde deposito's Staat owerhede mings Ander 7 aandele 8 Verband polisse sektor 9 Ander eiendom bates 10 bates End of Coin, Govern- Local Public Other 7 Ordinary Mortgage Against To Other Fixed Other Total banknotes ment authorities enterprises shares 8 policies public property assets 10 assets and sector 9 deposits (2230K) (2231K) (2232K) (2233K) (2234K) (2235K) (2236K) (2237K) (2238K) (2239K) (2240K) (2241K) (2242K) : : : : KB Binnelandse versekeraars en Suid-Afrikaanse takke van buitelandse versekeraars. Slegs netto eise teen takke en hoofkantore in die buiteland is by die gegewens ingesluit. Gegewens van beleggingsfiliale van versekeraars asook gegewens van eiendomsmaatskappye wat regstreeks of onregstreeks deur versekeraars beheer word, is met dié van moederorganisasies gekonsolideer. 2. Insluitende onderlinge banke. 3. Saldo's verskuldig aan versekeraars en herversekeraars. 4. Pensioen- en uittredingsannuïteitsfondsbesigheid. 5. Verskil tussen versekeringsfondse en laste ingevolge onvervalle polisse. 6. Insluitende buite-aandeelhouers in filiale. 7. Insluitende maatskappyskuldbriewe en voorkeuraandele en staatsgewaarborgde effekte. 8. Insluitende onderaandele in effekte- en eiendomstrusts. 9. Insluitende leningsheffing, lenings aan plaaslike owerhede, openbare korporasies en, vanaf September 1979, ook universiteite. 10. Insluitende netto buitelandse eise. 11. Alle jaarsyfers vanaf 1990 en alle kwartaalsyfers vanaf Desember 1991 word teen markwaarde getoon. 1. Domestic insurers and South African branches of foreign insurers. Only net claims on foreign branches and foreign head offices are included in the data. Data of investment subsidiaries, as well as data of property companies which are directly or indirectly controlled by insurers, are consolidated with those of parent organisations. 2. Including mutual banks. 3. Balances due to insurers and re-insurers. 4. Pension and retirement annuity fund business. 5. Difference between insurance fund and liability under unmatured policies. 6. Including outside shareholders in subsidiaries. 7. Including company stock, debentures and preference shares and government guaranteed stock. 8. Including units of unit and property trusts. 9. Including loan levy, loans to local authorities, public corporations and, as from September 1979, also universities. 10. Including net foreign claims. 11. All annual data as from 1990 and all quarterly data as from December 1991 are reported at market value. S37

9 KORTTERMYNVERSEKERAARS SHORT-TERM INSURERS Inkomstestaat 1 Income statement 1 Lopende ontvangste / Current receipts Premies ontvang Premiums received Eise betaal Claims paid Lopende uitgawes / Current expenditure Binnelandse Ander lopende Netto kapitaal- Beleggings- versekerings- Premies op Administra- Dividend- inkomste- wins en ander Einde inkomste Herversekering besigheid Herversekering Ander herversekering tiewe uitgawes Belasting betalings oorskot inkomste 2 End of Investment Reinsurance Other Reinsurance Other Premiums on Administra- Taxation Dividend Domestic Net capital income insurance reinsurance tive expenses payments current income profits and surplus other income 2 (2600K) (2601K) (2602K) (2603K) (2604K) (2605K) (2606K) (2607K) (2608K) (2609K) (2610K) : : : : KB Bron: SA Rerserwebank opnamegegewens. 2. Insluitende alle buitelandse poste. 1. Source: SA Reserve Bank survey data. 2. Including all foreign items. S38

10 KORTTERMYNVERSEKERAARS 1 SHORT-TERM INSURERS 1 Laste Liabilities Laste Verpligtings Eise nog Buitelandse ingevolge Verseke- ten opsigte van Versekeraar- Ander nie uit- hoofkantoor- Onverdeel- onvervalle ringsfonds- Ander Aandele- afgeleide Ander Totale Einde krediteure 2 krediteure betaal nie saldo's de winste polisse oorskot 3 reserwes kapitaal instrumente laste laste End of Insurer Other Claims not Foreign Unappro- Liability Insurance Other Share Claims in Other Total creditors 2 creditors yet paid head office priated under fund reserves capital respect of liabilities liabilities out balances profits unmatured surplus 3 derivative policies instruments (2250J) (2251J) (2252J) (2253J) (2254J) (2255J) (2256J) (2257J) (2258J) (2261J) (2259J) (2260J) KB217 Bates Assets Vaste-rentedraende effekte Lenings Fixed-interest securities Loans Voorsiening Munt, vir banknote Openbare Aan onverstreke en Plaaslike onderne- Gewone openbare Vaste risiko's Ander Totale Einde deposito's Staat owerhede mings Ander 4 aandele 5 Verband sektor 6 Ander eiendom gesedeer bates 7 bates End of Coin, Govern- Local Public Other 4 Ordinary Mortgage To Other Fixed Provision for Other Total banknotes ment authorities enterprises shares 5 public property unexpired assets 7 assets and sector 6 risks deposits ceded (2270K) (2271K) (2272K) (2273K) (2274K) (2275K) (2276K) (2277K) (2278K) (2279K) (2280K) (2281K) (2282K) : : : KB Binnelandse versekeraars (uitgesonderd hul buitelandse takke) en Suid-Afrikaanse takke van buitelandse versekeraars. Slegs netto eise teen takke en hoofkantore in die buiteland is by die gegewens ingesluit. 2. Saldo's verskuldig aan versekeraars en herversekeraars. 3. Verskil tussen versekeringsfondse en laste ingevolge onverstreke polisse. 4. Insluitende voorkeuraandele en staatsgewaarborgde effekte. 5. Insluitende 'n geringe bedrag aan onderaandele in effektetrusts. 6. Insluitende leningsheffing, lenings aan plaaslike owerhede, openbare korporasies en, vanaf September 1979, ook universiteite. 7. Insluitende netto buitelandse eise. 8. Alle jaarsyfers vanaf 1990 en alle kwartaalsyfers vanaf Desember 1991 word teen markwaarde getoon. 1. Domestic insurers (excluding their foreign branches) and South African branches of foreign insurers. Only net claims on foreign branches and head offices are included in the data. 2. Balances due to insurers and re-insurers. 3. Difference between insurance funds and liability under unmatured policies. 4. Including preference shares and government guaranteed stock. 5. Including a very small amount of units in unit trusts. 6. Including loan levy, loans to local authorities, public corporations and, as from September 1979, also universities. 7. Including net foreign claims. 8. All annual data as from 1990 and all quarterly data as from December 1991 are reported at market value. S39

11 AMPTELIKE PENSIOEN- EN VOORSORGFONDSE 1 OFFICIAL PENSION AND PROVIDENT FUNDS 1 Inkomstestaat 2 Income statement 2 Lopende ontvangste / Current receipts Lopende uitgawes / Current expenditure Beleggingsinkomste 3 Bydraes deur Investment income 3 Contributions by Voordele / Benefits Netto Ander Binnelandse kapitaal- Beleggings- Totale Bedrag by globale Adminis- lopende wins en inkomste netto Netto Werkge- aftrede uitbeta- tratiewe inkomste- ander vanaf ver- kontant- bate- Einde Rente 4 Dividende Lede wers 5 Jaargelde of dood lings uitgawes oorskot inkomste sekeraars invloei herwaardasie 6 End of Interest 4 Dividends Members Employ- Annuities Lump sum Other Adminis- Domestic Net Investment Total Net asset ers 5 at retire- lump sum trative current capital income net cash revaluation 6 ment or payments expenses income profits from inflow death surplus and other insurers income (2290K) (2291K) (2292K) (2293K) (2294K) (2295K) (2296K) (2297K) (2298K) (2299K) (2300K) (2301K) (2302K) 31 Mrt/Mar Des/Dec : : : KB Fondse geadministreer deur Departement van Finansies, Transnet, Telkom en die Poskantoor. 2. Bron: Ouditeur-Generaal se Jaarverslae tot Sluit uit inkomste uit polisse en fondse by versekeraars belê. 4. Insluitende dividende voor Insluitende spesiale aktuariële tekort delgingsbydraes. 6. Insluitende privatisering na ander fondse sedert Maart Funds administered by the Department of Finance, Transnet, Telkom and the Post Office. 2. Source: Auditor-General Annual Reports up to Excludes income from policies and funds invested with insurers. 4. Including dividends prior to Including special actuarial deficit reduction contributions. 6. Including privatisation to other funds as from March S40

12 AMPTELIKE EN PRIVATE SELF-GEADMINISTREERDE PENSIOEN- EN VOORSORGFONDSE Bates en laste OFFICIAL AND PRIVATE SELF-ADMINISTERED PENSION AND PROVIDENT FUNDS Assets and liabilities Amptelike fondse 1 / Official funds 1 Private self-geadministreerde fondse 3 Bates 2 / Assets 2 Private self-administered funds 3 Vaste-rentedraende effekte Fixed-interest securities Laste / Liabilities Totale bates Reserwes, Kontant Openbare gelyk aan voorsieen de- Plaaslike onderne- Gewone Vaste Opgelope Ander opgelope Opgelope nings en Totale Einde posito's Staat owerhede mings Ander aandele eiendom rente bates 4 fondse 4 fondse ander laste laste 5 End of Cash and Govern- Local Public Other Ordinary Fixed Accumu- Other Total Accumula- Reserves, Total deposits ment authorities enterprises shares property lated Assets 4 assets ted funds provisions liabilities 5 interest equal and other accumula- liabilities ted funds 4 (2330K) (2331K) (2332K) (2333K) (2334K) (2335K) (2337K) (2343K) (2338K) (2339K) (2340K) (2341K) (2342K) 31 Mrt/Mar Des/Dec : : : KB Fondse geadministreer deur Departement van Finansies, Transnet, Telkom en die Poskantoor. Deposito-administrasie beleggings uitgesluit. 2. Fondse geadministreer deur die Openbare Beleggingskommissarisse is na die betrokke beleggingsposte, hoofsaaklik effekte, toegedeel. 3. Privaat-geadministreerde fondse kragtens die Wet op Pensioenfondse geregistreer, buitelandse fondse in Suid-Afrika geregistreer, fondse ooreenkomstig nywerheidsooreenkomste ingestel, en staatsbeheerde fondse wat van die bepalings van die Wet vrygestel is. Onderskryfde fondse deur versekeringspolisse of groepsversekeringsskemas gedek en by langtermynversekeraars ingereken, is uitgesluit. 4. Insluitende ongeamortiseerde diskonto vanaf Maart Fondse ingevolge deposito-administrasie-ooreenkomste by versekeraars belê, is uitgesluit uit totale vir bates en laste. 1. Funds administered by the Department of Finance, Transnet, Telkom and the Post Office. Deposit administration investments excluded. 2. Deposits with the Public Investment Commissioners are allocated to the relevant investment items, mainly securities. 3. Privately-administered funds registered in terms of the Pension Funds Act, foreign funds registered in South Africa, funds established in terms of industrial agreements, and state controlled funds exempted from the requirements of the Act. Underwritten funds covered by insurance policies or group insurance schemes and included with long-term insurers, are excluded. 4. Including unamortised discount as from March Funds invested with long-term insurers in terms of deposit administration contracts and insurance policies are not included in totals of assets and liabilities. S41