CTFA Annual Report 2019

INDEX General Information............................................................................................................................................................................... 25 Executive Council's Responsibilities and Approval............................................................................................................................... 26 Independent Auditor's Report.............................................................................................................................................................. 27 Executive Council's Report.................................................................................................................................................................... 29 Statement of Financial Position............................................................................................................................................................. 30 Statement of Comprehensive Income................................................................................................................................................... 31 Statement of Changes in Funds............................................................................................................................................................ 32 Statement of Cash Flows....................................................................................................................................................................... 33 Accounting Policies. .............................................................................................................................................................................. 34 Notes to the Financial Statements........................................................................................................................................................ 35 The reports and statements set out below comprise the annual financial statements presented to the Executive Council: COSMETIC TOILETRY AND FRAGRANCE ASSOCIATION OF SOUTH AFRICA 24