With regards to the Governance and Financial Analysis as sub programme, the department set a target of 33%( for 6 SOEs) for benchmarking to determine appropriate capital structure. This target was not achieved due to the time it took to obtain buy-in from the executive authority of the department and delays in obtaining data from State Owned Enterprise (SOEs). A concern in this regard relates to the fact that the Annual Report does not stipulate any alternative to meet the target. Programme 4: Financial Management and Systems