BANKSETA ANNUAL REPORT 2023

ANNUAL FINANCIAL STATEMENTS NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2023 Commitments R’000 Project Name Project number Opening balance 31 March 2021 New commitments approved by Accounting Authority Increases to existing contracts 2021/22 Charged to statement of financial performance 2021/22 Write backs and other adjustments 2021/22 Opening balance 31 March 2022 New commitments approved by Accounting Authority 2022/23 Increases to existing contracts 2022/23 Charged to statement of financial performance 2022/23 Write backs and other adjustments 2022/23 Closing balance 31 March 2023 R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000 PROGRAMME: YOUTH BANKSETA higher education funding window 595 24 447 156 147 - (153 264) (25 633) 1 697 - - (98) (1 599) - TVT WIL funding 2016/17 596 1 650 - - (1 620) (30) - - - - - - TVT WIL funding 2016/17 597 13 627 - 7 055 (17 052) ( 2 440) 1 190 - - - (1 190) - Higher education institution (HEI) funding window 679 19 039 - - (7 839) (11 200) - - - - - - Digitalisation programme for disabled learners 692 18 276 - - (16 837) (1 439) - - - - - - University of Technology funding window 695 - 34 563 - (15 485) - 19 078 - - (14 966) (4 112) - TVET WIL funding window 697 - 126 016 - (54 310) - 71 706 - - (38 884) - 32 822 BANKSETA higher education funding window 18. COMMITMENTS (continued)

2021/22 698 - 73 618 - (10 454) (8 181) 54 983 - - (46 211) (8 387) 385

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