Reliable Pressings - BEE Accreditation
This is the Reliable Pressings Generic BEE scorecard qualifying our BEE Level accreditation. Reliable Pressings is classified as an EME Exempt Micro Enterprise as we have annual revenues below ZAR 10 million. However we conform to all 4 of the qualifying requirements for a Qualifying Small Enterprises - QSE, namely:
- At least 25% of costs of sales excluding labour costs and depreciation must be procured from local producers or local supplier in SA (for service industry labour cost are included but capped to 15%)
- 50% of jobs created are for Black people provided that the number of Black employees since the immediate prior verified B-BBEE Measurement is maintained.
- At least 25% transformation of raw material/beneficiation which include local manufacturing, production and/or assembly, and/or packaging.
- At least spend 12 days per annum of productivity deployed in assisting Black EMEs and QSEs beneficiaries to increase their operation or financial capacity.
Our scorecard uses the latest version of the scorecard metrics, published in 2016. The Generic Scorecard includes the following B-BBEE Elements, namely:
- Ownership -
- Management Control
- Skills Development
- Enterprise & Supplier Development
- Socio-Economic Development
Reliable Pressings Accreditation Certificates & Downloads
Reliable Pressings 2018 BEE Affidavit/Certificate
The Reliable Pressings BEE Scorecard
Here is the detail of oiur scorecard. just click on the sections to expand or condense the scroecard.
| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
1.1 - Voting Rights |
% |
% |
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| 1.1.1 - Exercisable voting rights in the Enterprise in the hands of black people. (We are 51% owned by a company that has 51% Black Ownership, with proportional voting rights.) | 3 | 25% + 1 vote | $${{\frac{26}{25.1}}=1.03}$$ |
$${1.03}×{3}={3.1}={3}$$ |
| 1.1.2 - Exercisable voting rights in the Enterprise in the hands of black women. (We are 51% owned by a company that has 51% Black Ownership of which 50% is black female owned) | 2 | 10% | $${{\frac{13}{0}}=0}$$ |
$${{1.3}×{0}={0}}$$ |
Voting Rights - Sub Totals |
Max Score - 5 |
Reliable Pressings Score - 3 |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
1.2 - Economic Interest |
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| 1.2.1 - Economic interest of black people in the Enterprise.(We are 51% owned by a company that has 51% Black Ownership) | 5 | 25% | $${{\frac{26}{25}}=1.04}$$ |
$${{1.04}×{5}={5.2}={5}}$$ |
| 1.2.2 - Economic interest of black women in the Enterprise.(We are 51% owned by a company that has 51% Black Ownership of which 50% is black female owned) | 2 | 10% | $${{\frac{13}{0}}=0}$$ |
$${{0}×{2}={0}}$$ |
| 1.2.3 -Involvement in the ownership of the Enterprise of black new entrants or black designated groups. Awarded if any of the black shareholders are new entrants (who have not previously benefited from a BBBEE deal) or are participants of broad-based ownership schemes or co-operatives. | 3 | 2% | $${{\frac{2.5}{2}}=1.25}$$ |
$${{1.25}×{3}={3.75}={3}}$$ |
Economic Interest - Sub Totals |
Max Score - 10 |
Reliable Pressings Score - 8 |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
1.3 -Realisation Points |
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Net value (as % of total net value)
* Reliable Pressings´s current target Our BEE partner provided all Reliable Pressings´s PCF (BR - Post Commencement Finance) and carry no debt |
8 | 40% of 25% = 10% | $${{\frac{90}{10}}=9.0}$$ |
$${{9.0}×{8}={63.0}={8.0}}$$ |
Realisation - Sub Totals |
Max Score - 8 |
Reliable Pressings Score - 8 |
||
The time based gradation table scores the Net Value Calculation from the Deemed Value Calculation.
Ownership Grand Totals |
Possible Points = 25 |
Earned Points = 25 |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
2.1 - Executive Management |
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| 2.1.1 - Black Representation at Executive Management | 5 | 50% | $${{\frac{50}{50}}=1.0}$$ |
$${{1}×{5}={5.0}}$$ |
| 2.1.2 - Black Female Representation at Executive Management | 2 | 25% | $${{\frac{25}{25}}=0.0}$$ |
$${{0.0}×{2}={0.0}}$$ |
Executive Management - Sub Totals |
Max Score - 7 |
Reliable Pressings Score - 5 |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
2.2 - Senior, Middle & Junior Management |
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| 2.2.1 Black representation at Senior, Middle & Junior Management. | 6 | 60% | $${{\frac{0}{60}}=0.0}$$ |
$${{0.0}×{3}={0.0}}$$ |
| 2.2.2 Black representation at Senior, Middle & Junior Management. | 2 | 30% | $${{\frac{66.6}{30}}=1.67}$$ |
$${{1.67}×{2}={3.33}={2}}$$ |
Senior, Middle & Junior Management - Sub Totals |
Max Score - 8 |
Reliable Pressings Score - 2 |
||
Management Control Grand Totals |
Possible Points = 15 |
Earned Points = 8 |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
3.1 Skills Development |
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| 3.1.1 Skills Development Expenditure on Learning Programmes specified on the learning programme matrix for black employees as a percentage of Leviable Amount. | 15 | 3% | $${{\frac{3}{3}}=1.0}$$ |
$${{1.0}×{15}={15}}$$ |
| 3.1.2 Skills Development Expenditure on Learning Programmes specified on the learning programme matrix for black women employees as a percentage of Leviable Amount.. | 7 | 1% | $${{\frac{0.0}{1}}=0.0}$$ |
$${{0.0}×{7}={0.0}={0}}$$ |
| 3.1.3 Skills Development Expenditure on Learning Programmes specified on the learning programme matrix for black people with disabilities as a percentage of Leviable Amount.. | 3 | 0.15% | $${{\frac{0.0}{0.15}}=0.0}$$ |
$${{0.0}×{3}={0.0}={0}}$$ |
Learning Programme - Sub Totals |
Max Score - 25 |
Reliable Pressings Score - 15 |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
3.2 - Bonus |
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| 3.2.1 Number of black employees absorbed by Reliable Pressings at the end of the learning programme. | 5 | 100% | $${{\frac{0}{100}}=0.0}$$ |
$${{12.0}×{5}={0.0}={0}}$$ |
Bonus Totals |
Max Score - 5 |
Reliable Pressings Score - 0 |
||
Skills Development Grand Totals |
Possible Points = 25 + 5 |
Earned Points = 15 + 0 |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
| 4.1.1 BBBEE Procurement Spend from all Empowering Suppliers based on the BEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend. | 15 | 60% | ||
| 4.1.2 BBBEE Procurement Spend from all Empowering Suppliers that are at least 51% black owned based on the BEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend. | 5 | 15% | ||
Preferential Procurement - Sub Totals |
Max Score - 20 |
Reliable Pressings Score - ? |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
| 4.2.1 BBBEE Procurement Spend from all designated Group Suppliers tat are at least 51% black owned based on the BEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend. | 1 | 1% | ||
Bonus - Sub Totals |
Max Score - 1 |
Reliable Pressings Score - ? |
||
| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
| Average annual value of all Supplier Development Contributions made by the Measured Entity measured from the commencement of this statement or the Inception Date to the date of measurement as a percentage of the target. | 5 | 1%of NPAT | $${{\frac{0}{0.01 × NPAT}}=0.0}$$ |
$${{0.0}×{5}={0.0}}$$ |
Supplier Development - Sub Totals |
Max Score - 8 |
Reliable Pressings Score - 8 |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
| Annual value of all Enterprise Development Contributions and Sector specific programmes made by the Measured Entity measured from the commencement of this statement or the Inception Date to the date of measurement as a percentage of the target. | 5 | 1%of NPAT | $${{\frac{0}{0.01 × NPAT}}=0.0}$$ |
$${{0.0}×{5}={0.0}}$$ |
Enterprise Development - Sub Totals |
Max Score - 8 |
Reliable Pressings Score - 8 |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
| 4.5.1 Bonus for the graduation of one or more enterprise development beneficiary to supplier development level. | 1 | 1 | $${{\frac{0}{1}}=0.0}$$ |
$${{0.0}×{1}={0.0}={0}}$$ |
| 4.5.2 Bonus for the creation of one or more jobs directly as a result of supplier or enterprise development initiatives. | 1 | 1 | $${{\frac{0}{1}}=0.0}$$ |
$${{0.0}×{1}={0.0}={0}}$$ |
Bonus - Sub Totals |
Max Score - 8 |
Reliable Pressings Score - 8 |
||
Enterprise and Supplier Development Grand Totals |
Possible Points = 30 |
Earned Points = 20 |
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| Description | Weight | Target | Raw Score | Score |
|---|---|---|---|---|
| Average annual value of all Qualifying Contributions made by the Measured Entity measured from the commencement of this statement or the Inception Date to the date of the measurement as a percentage of the target. | 5 | 1% of NPAT or 0.125% of turnover | $${{\frac{0}{0.01 × NPAT}}=0.0}$$ |
$${{0.0}×{5}={0.0}={0}}$$ |
Socio-Economic Development Grand Totals |
Possible Points = 5 |
Earned Points = 0 |
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The Qualifying Small Enterprise Score Card
The information provided here for reference purposes was provided by ET Consulting and is the copy-righted material of Maxi-lee Machado. Just click on the image to view it in a separate page clearly.
In the scoring below it is important to note that no extra benefit for exceeding the target is given.