*2013 and 2014 |
2015 |
2016 |
||
R’000 |
R’000 |
R’000 |
||
(a) |
Budget |
111 608 742 |
196 264 895 |
225 377 018 |
(b) (i) |
Remuneration of staff |
5 504 075 |
6 175 199 |
6 989 530 |
(b) (ii) |
Administration costs |
4 000 776 |
3 076 448 |
2 544 791 |
(b) (iii) |
Projects |
102 103 891 |
187 013 248 |
215 842 697 |
*The NECT’s initial financial year was for 18 months (1 July 2013 to 31 December 2014) due to this the figures for 2013 and 2014 is combined.
2. (a) The NECT Board of Trustees, Executive Committee and the Audit and Risk Committee members convened 31 times since July 2013 and the detail are as follows: