The KLM informed the Committees that its annual financial statements (AFS) are always submitted on time and the current one will be submitted on 31 August 2010. The KLM added that its section 71 reports are submitted every month to National Treasury. The KLM reported that its annual report was adopted by the Council and it has since been submitted to the Provincial and National Treasuries, the Auditor General and the MEC for Local Government in the Province and the Provincial Legislator.