s:882:"TI Audited financial statements, 2012 
AU World Agroforestry 
AB The committee is pleased to present our report for the financial year ended 30 June 2012 as recommended by the King Report on Corporate Governance and in line with the South African Companies Act, 2008, as amended (the Act). The committee’s operation is guided by a formal detailed charter that is in line with the Act and is approved by the board as and when it is amended. The committee has discharged all its responsibilities as contained in the charter. This process is supported by the audit subcommittees which are in place for all operating divisions and subsidiaries. These subcommittees meet in terms of formal mandates and deal with all issues arising at the operational division or subsidiary level. These subcommittees then elevate any unresolved issues of concern to the Steinhoff audit committee. 
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