AHA Group Report 8 | Page 21

Relais Hotels (Pty) Ltd. t/a African Hotels & Adventures 2013 The Rex Hotel Electricity Account No’s: Supplier: Tariff: Unit Rate: 10326069098 Knysna Municipality Tariff 7 45.00 cents / kWh General Audit Comments: As part of our audit we verify the monthly costing from the metering to the final charges inclusive of VAT for errors of a financial interpretative and/or clerical nature. We further compare your current monthly consumption and expenditure over the last three (3) months to monitor your trends. Your account was billed correctly and in line with the municipal bylaws. No over / under charges were identified. As a result of our analysis and recommended strategy, the option is available for you to move from Tariff 7 (Demand tariff) to the proposed tariff 7B (Time of Use tariff). This will result in an approximate saving of R61, 599.91 per annum. Kindly confirm in writing if you are in agreement with the suggested recommendation in order for us to proceed accordingly. NUS Consulting SA – August 2013 17