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Integrated report - Eskom

Contents IFC About this report Performance at a glance 2 4 Our business and strategy 5 Chairman's statement 7 Our business model 17 Stakeholder engagement and material matters 21 Our strategy 24 Integrating risk and resilience Integrated report 28 Our group structure 31 March 2016 Our leadership 30 Board profiles 32 Exco profiles 34 Operating performance 35 Chief Executive's review 39 Revenue and customer sustainability 44 Operational sustainability 55 Sustainable asset creation 63 Environmental and climate change sustainability 70 Safety and security 73 Building a sustainable skills base 76 Transformation and social sustainability 81 Financial review 82 Chief Financial Officer's report 84 Value added statement 85 Condensed annual financial statements 89 Key accounting policies, significant judgements and estimates 91 Financial sustainability 99 Our governance 100 Governance Framework 101 King III application 102 Board of Directors and committees 103 Executive Management Committee 104 Remuneration and benefits 106 Ethics in Eskom 107 Assurance and control

Eskom oldings SOC Ltd III Integrated report 31 March 2016 IFC About this report 2 Performance at a glance 4 Our business and strategy 5 Chairman’s statement 7 Our business model 17 Stakeholder engagement and material matters

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