BANKSETA ANNUAL REPORT 2023

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

PROGRAMME: INCLUSIVE BANKING/SMEs Cooperative Bank staff development 671 2 363 - - - (2 363) - - - - - - SME funding window 677 472 262 - (587) (95) 51 - - (20) (31) - SME funding window 2021/22 710 - 3 743 - (1 493) - 2 250 - - (1 910) (340) - Entrepreneurship funding window 2021/22 711 - 14 204 - - - 14 204 4 978 - (14 342) (233) 4 607 Rural development support 713 - 16 000 - (8 000) - 8 000 8 000 - (8 000) - 8 000 IEDP

development finance 714 - 4 656 - (2 328) - 2 328 - - (2 328) - -

Gauteng 717 - 3 250 - - - 3 250 - - - (3 250) -

March 2023

window 2022/23 737 - - - - - - 4 719 - - - 4 719

Opening balance 31 New commitments R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000 existing contracts Opening balance 31 New commitments Authority 2022/23 existing contracts Write backs and other adjustments Closing balance 31 Write backs and other adjustments

Entrepreneurship funding window 746 - - - - - - 39 264 - (7 103) - 32 161

2022/23

2022/23

performance

programmes 2 835 42 115 - (12 408) (2 458) 30 083 56 961 - (33 703) (3 854) 49 487

Charged to statement of financial

2022/23

Increases to

approved by Accounting

March 2022

18. COMMITMENTS (continued) Commitments R’000 2021/22 2021/22 2021/22

performance

Charged to statement of financial

approved by Accounting Authority Increases to

March 2021

Project

number

Project Name

CFI support-

SME CFI funding

Total inclusive

banking/SME

177

BANKSETA ANNUAL REPORT 2022/23