BANKSETA ANNUAL REPORT 2023

ANNUAL FINANCIAL STATEMENTS CASH FLOW STATEMENT for the year ended 31 March 2023

2022/23

2021/22

Notes

R’000

R’000

CASH FLOWS FROM OPERATING ACTIVITIES

Operating activities Cash receipts from skills development levy; income from non exchange transactions (Including interest and penalties) Other revenue from non-exchange transactions - mandatory grants

944 919

847 872

84

106

Cash paid to stakeholders and suppliers

(1 035 592) (62 357) (152 946)

(689 017) (57 978) 100 983

Cash paid for employee costs Cash generated from operations

16

Investment revenue from exchange transactions received

12.1

68 504

50 420 151 403

Net cash inflow from operating activities

(84 442)

CASH FLOW FROM INVESTING ACTIVITIES Purchase of property and equipment

(1 177)

(445) (428)

Purchase of intangible assets

2

(460)

Proceeds on disposals of fixed assets Net cash outflow from investing activities

82

31

(1 555)

(842)

Net increase in cash and cash equivalents

(85 998) 1 212 576 1 126 578

150 561

Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period

1 062 015 1 212 576

5 5

130

PART F: FINANCIAL INFORMATION | BANKSETA ANNUAL REPORT 2022/23