The airline managed to make a profit of R250 million in the 2009/10 financial year during the global downturn but this went down to R51,3 million in the 2010/11 financial year despite the returns from hosting the 2010 World Cup. It might have been reasonable for the shareholder (Government) to expect more profit due to the hosting of the 2010 World Cup. The reduction in profit needed to be explained. Importantly also SAX failed to provide the auditor with evidence of the evaluation of the company's share of unrecognised losses in its associate and whether such 'unrecognised losses' had a material impact on the airline's overall results for the year under review need some clarification.