Interfront 2023 Annual Report

40 INTERFRONT ANNUAL REPORT 2023 PROGRAMME   Grow and Maintain a Software Development Centre of Excellence OUTCOME OUTPUT OUTPUT INDICATOR AUDITED ACTUAL PERFORMANCE 2020/2021 Maintain and develop a skilled, diverse and engaged workforce Expand/‌maintain the staff complement, successful appointment and on-boarding. Successful appointment and on-boarding. Record of appointments and resignations as provided and verified by Interfront’s Human Resources Department PARTLY ACHIEVED 104 Refer to  Part D: Human Capital Management  OUTCOME OUTPUT OUTPUT INDICATOR AUDITED ACTUAL PERFORMANCE 2020/2021 Retain management team and staff Achieve desired percentage of staff turnover Record of staff turnover as provided and verified by Interfront Human Resources Department ACHIEVED 10.14% Maintain and grow a Centre of Excellence Successfully appoint graduates and/ or bursars as agreed in the APP Contracts concluded ACHIEVED 5 graduates Refer to  Part D: Human Capital Management  Linking Performance with Budgets OBJECTIVE SARS LUXEMBOURG OTHER 2020/2021 BUDGET EXPENDITURE 93 043 478 13 142 780 New income stream from the 2022/2023 financial year ACTUAL EXPENDITURE 89 440 754 15 922 752 OVER/UNDER- EXPENDITURE (3 602 724) 2 779 972 2021/2022 BUDGET EXPENDITURE 96 166 040 14 949 853 New income stream from the 2022/2023 financial year ACTUAL EXPENDITURE 93 122 391 15 283 557 OVER/UNDER- EXPENDITURE (3 043 649) 333 704 2022/2023 BUDGET EXPENDITURE 141 589 361 16 748 633 8 650 000 ACTUAL EXPENDITURE 152 237 645 15 897 998 3 654 842 OVER/UNDER- EXPENDITURE 10 648 284 (850 635) (4 995 158)