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:

Our scorecard uses the latest version of the scorecard metrics, published in 2016. The Generic Scorecard includes the following B-BBEE Elements, namely:

  1. Ownership -
  2. Management Control
  3. Skills Development
  4. Enterprise & Supplier Development
  5. 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

%

%

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

 
Description Weight Target Raw Score Score

1.2 - Economic Interest

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

 
Description Weight Target Raw Score Score

1.3 -Realisation Points

Net value (as % of total net value)
  • 20% of target in years 1-2
  • 40% of target in years 3-4 *
  • 60% of target in years 5-6
  • 80% of target in years 7-8
  • 100% of target in years 9-10

* 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

QSE-Scorecard

The time based gradation table scores the Net Value Calculation from the Deemed Value Calculation.

 

Ownership Grand Totals

Possible Points = 25

Earned Points = 25

 
Description Weight Target Raw Score Score

2.1 - Executive Management

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


 
Description Weight Target Raw Score Score

2.2 - Senior, Middle & Junior Management

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

 
Description Weight Target Raw Score Score

3.1 Skills Development

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


 
Description Weight Target Raw Score Score

3.2 - Bonus

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

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 - ?

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

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

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

 
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

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.

QSE-Scorecard

In the scoring below it is important to note that no extra benefit for exceeding the target is given.






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