Vol. CXXIV No. 193

GAZETTE NOTICE NO. 11433

THE YEAR ENDED 30TH JUNE, 2021 (1) Statement of Changes in Net Assets for the Year ended on the 30th June, 2021 2021 2020 (KSh. (KSh. Dealings With Members Contributions Receivable 14,472,520,612 14,732,571 ,428 Benefits Payable (5,896,203 ,691) (4,433 548.757) Net Dealings with Members 8,576,316,921 10,299 022,671 Return On Investments Investment Income 21,635,609 454 20,387,577 ,906 Change in market value of investments 11 547,732,218 (10,194,619,584 Gain on realization of investments 58,895,311 (50,669,212 Investment Management Expenses (508 604,076) (534,883,716) Net Return on Investments 32,733,632,907 9 607 405,394 Other Income 92,433,789 83,337,900} Gross Revenue 32,826,066,696| 9 690,743,295 Total Expenses (6,568 902,050) (5,407 422,952) Net Increase in Scheme Funds 34,833,481 ,567; 14,582,343,014 (2) Statement of Net Assets available for Benefits for the Year ended 30th June, 2021 Assets 2021 2020; (KSh.) (KSh, Cash and bank balances 571,000,978 65,797,015 Call and Fixed Deposits 8,369 320,000) 15,645 ,705 000; Government Securities-(Treasury bills) 1,210,396 800 2,002,681,495| Government Securities-(Treasury bonds) 152,940,388,443) 124,284,783, 962 Corporate bonds 1,088,144 566 1,399 604,882) Accrued Income 4,812,348 ,744 6,083 766,970 Stores and Supplies 79 304,872) 80,964,046 Receivables and Prepayments 4,072,961 233 3,688 824,898 Loans: TPS, Mortgages, 5,102,633,710 5,292,105,371 Quoted Stocks 66,655 124,043) 52,543,439 ,582 Unquoted Stocks 445 204,638 513,972,854] Investment property 34,727 ,067,942| 34 676,205,651 Assets under construction 5,152,734,819 4,624 048 230} Property, plant and equipment 691,688 069 580,590,289) Liabilities Payables and accruals (1,431,691 147) (1,829 344,143 Net Assets 284,486,627 ,670 249 653,146,103} Fund Balance 284,486,627 ,670 249 653,146,103) (3) Statement of Cashflows for the Year ended 30th June, 2021 30/06/2021 30/06/2020 (KSh. (KSh. Cash flows from Operating Activities Net Increase in Assets 34,833,48 1,567 14,582,343,014| Adjustments for: Depreciation on Property, Plant and Equipment 267 877 509} 245 348,727 Amortization of Intangible Assets 64,789,762] 626,173 Loss on disposal of property, plant and equipment (35,535,778 (16,337,150 Increase/decrease in provisions 129,778,343 16,683,683 Fair value loss/ gain on Investments (11,547,732,218 10,194 619,584 Operating Surplus/(Deficit) before Working Capital Changes 23,712,659,187 25,055,958 ,331 Changes in Working Capital: Decrease/(Increase) in inventories 1,659,174! (8,361,543) Decrease/(Increase) in Debtors and Prepayments (384,136,335) (124,792,387) Decrease/(Increase) in Accrued Income 1 271,418,226) 103,859,239 Increase/(Decrease) in Creditors and Accruals (397,652,995 (129,718,305 491 288.070; (159,012,995 Net Cash Generated from Operating Activities 24,203,947 257] 24,896,945 336 23rd September, 2022 THE KENYA GAZETTE 7279 | 30/06/2021 30/06/2020 (KSh. (KSh. Cash Flows from Investing Activities Placement/withdrawal of deposits with financial institu. 7,051,083,411 (6,044 080,527), Purchase/sale or redemption of treasury bills 792 284,695) 3,991 837,378 Purchase/sale or redemption of treasury bonds (30,435,003 537 (20 486,603 433), Purchase/sale or redemption of corporate bonds 272,100,000; 5,599,693 950) Purchase/sale unquoted equities (20,161 004 (9,044,880 Purchase/sale of quoted equities (656,763,649) (8,715,307 482) Purchase, development/sale of land and buildings _ 226,789,337] 187,679,485 Assets under construction (1,054,305 362) (1,447 ,039,943) Purchase/sale of property, plant and equipment (195,591,449 (98 049,225 Receipts from TPS and other loans 320,824 266 1,770,389 .695 Net Cash flow from Investing Activities (23,698,743,293) (25,250,524,982) Net increase in Cash and Cash Equivalents in the Year 505,203,963 (353.579 647) 65,797,015 419,376,662) Cash and Cash Equivalents as at 30th June, 2021 571,000,978 65,797,015) 4. Key Highlights (a) Growth in Net Assets Net Assets grew by 14% from KSh. 249.6 billion in 2020 to KSh. 284.4 billion in 2021. (b) Contributions Contributions receivable decreased by 2% from KSh. 14.7 billion in 2020 to KSh. 14.4 billion in 2021. Cash and Cash Equivalents as at 30th June, 2014 (c) Return on Investment Return on investment increased from KSh. 9.69 billion in 2020 to KSh. 32.7 billion in 2021. (d) Interest on Members’ Funds Section 2 of the NSSF Act

GAZETTE NOTICE NO. 11434

GAZETTE NOTICE NO. 11435

THE CONSTITUTION

GAZETTE NOTICE NO. 11436

THE CONSTITUTION (No. 17 of 2012)