For the financial year under review, the Department was responsible for nine SOEs listed in Schedule 2 of the Public Finance Management Act (No. 1 of 1999). These were Alexkor, Broadband Infrastructure Company (Infraco), Denel, Eskom, Pebble Bed Modular Reactor (PBMR), SA Forestry Company Limited (Safcol), South African Airways (SAA), South African Express and Transnet Limited. The Department's overall objectives are to provide an effective SOE shareholder management system and to support and promote economic efficiency within each of the SOEs.