BANKSETA AR 31 AUGUST

ANNUAL FINANCIAL STATEMENTS STATEMENT OF FINANCIAL POSITION for the year ended 31 March 2022

2021/22

2020/21

Notes

R’000

R’000

ASSETS

Non-current assets

Property and equipment

1 2

2 839 612 3 451

2 262

Intangible assets

751

Total non-current assets

3 013

Current assets Receivables from non-exchange transactions Receivables from exchange transactions

3 4 5

717 1 321

3 570 3 596 1 062 015 1 069 181

Cash and cash equivalents

1 212 576 1 214 614

Total current assets

Total assets

1 218 065

1 072 194

LIABILITIES

Current liabilities Payables from exchange transactions Payables from non-exchange transactions

6 7 8

6 790

6 712

103 923 44 499 155 212

51 135 46 655 104 502

Provisions

Total liabilities

NET ASSETS

1 062 853

967 692

NET ASSETS AND LIABILITIES

Funds and reserves

Administration reserve Employer grant reserve Discretionary reserve

3 451 111

3 013

136

1 059 291 1 062 853

964 543 967 692

TOTAL FUNDS AND RESERVES

125

PART E: FINANCIAL INFORMATION | BANKSETA ANNUAL REPORT 2021/22