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 Higher education institution (HEI) funding window 2022/23 741 - - - - - - 79 307 - (60 595) (16 846) 1 866 ICT skills programme 745 - - - - - - 26 445 - (2 500) - 23 945 Total youth 18. COMMITMENTS (continued)

77 039 782 049 7 055* (326 503) (49 030) 490 610 274 430 259 386 (529 797) (46 715) 447 914

* Prior year presentation of adjustments and write backs changed to align with current year presentation. Refer to note 30.2 for reconciliation.

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