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: STRATEGIC PROJECTS Indlela/ National artisan development 729 - 11 271 - - - 11 271 - - - - 11 271 Universities South Africa (USAF) 729 - 94 500 - - - 94 500 - - (25 263) - 69 237 Partnerships 729 - 135 703 - - - 135 703 - - (37 248) - 98 455 BS and Lejweleputswa District Municipality unemployed 729 - 11 400 - - - 11 400 - - - (11 400) - DEDAD partnership 729 - - - - - - 19 689 - (687) - 19 002 INDLELA/NAD - WSZA 729 - - - - - - 5 000 - (193) - 4 807 Total strategic 18. COMMITMENTS (continued)

projects - 252 874 - - - 252 874 24 689 - (63 391) (11 400) 202 772 Total

commitments 398 805 1 290 291 7 055* (521 438) (94 257) 1 080 456 501 518 259 386 (784 076) (130 886) 926 398

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