BANKSETA ANNUAL REPORT 2023

ANNUAL FINANCIAL STATEMENTS NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2023

1.

PROPERTY AND EQUIPMENT

Closing carrying amount

Accumulated depreciation

Cost

Year ended 31 March 2023

R’000

R’000

R’000

1 241

Computer equipment

4 145 2 073 1 663

(2 904) (1 564) (1 469)

509 194 480

Office furniture and fittings

Office equipment

Leasehold improvements Other movable assets Balance at end of period

656

(176)

(3)

74

77

8 614

(6 116)

2 498

Made up as follows: - Owned assets

8 614

(6 116)

2 498

Year ended 31 March 2022 Computer equipment Office furniture and fittings Leasehold improvements Other movable assets Balance at end of period Office equipment

1 499

4 004 2 028 1 663

(2 505) (1 454) (1 445)

574 218 548

656

(108)

-

-

-

8 351

(5 512)

2 839

Made up as follows: - Owned assets

8 351

(5 512)

2 839

Movement summary 2022/23

Carrying amount 2022

Carrying amount 2023

Additions

Disposals Depreciation

R’000

R’000

R’000

R’000

R’000

Computer equipment Office furniture and fittings

1 499

221

(47)

(432)

1 241

574 218

45

- - - -

(110)

509 194

Office equipment Leasehold improvements

-

(24)

548

-

(68)

480

74

Other movable assets

-

77

(3)

Balance at end of period

2 839

343

(47)

(637)

2 498

150

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