BANKSETA AR 31 AUGUST

ANNUAL FINANCIAL STATEMENTS CASH FLOW STATEMENT for the year ended 31 March 2022

2021/22

2020/21

Notes

R’000

R’000

CASH FLOWS FROM OPERATING ACTIVITIES

Operating activities Cash receipts from skills development levy; income from non exchange transactions (including interest and penalties) Other revenue from exchange transactions - mandatory grant

847 872

633 113

47

106

Cash paid to stakeholders and suppliers

(689 017)

(462 284) (52 672)

Cash paid for employee costs Cash generated from operations

(57 978)

16

100 983

118 204

Investment revenue from exchange transactions received

12.1

50 420 151 403

47 087

Net cash inflow from operating activities

165 291

CASH FLOW FROM INVESTING ACTIVITIES Purchase of property and equipment

(445) (428)

(1 360)

Purchase of intangible assets

2

(994)

Proceeds on disposals of fixed assets Net cash outflow from investing activities

31

10

(842)

(2 344)

Net increase in cash and cash equivalents

150 561 1 062 015 1 212 576

162 947 899 068 1 062 015

Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period

5 5

128

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