BANKSETA AR 31 AUGUST

ANNUAL FINANCIAL STATEMENTS NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2022

1.

PROPERTY AND EQUIPMENT

Closing carrying amount

Accumulated depreciation

Cost

Year ended 31 March 2022

R’000

R’000

R’000

1 499 574 218 548 2 839

Computer equipment

4 004 2 028 1 663

(2 505)

Office furniture and fittings

(1 454) (1 445) (108) (5 512)

Office equipment

Leasehold improvements Balance at end of period

656

8 351

Made up as follows: -

8 351

(5 512)

2 839

Owned assets

Year ended 31 March 2021 Computer equipment Office furniture and fittings

708 613 325 616 2 262

2 941 1 931 1 663

(2 233) (1 318) (1 338)

Office equipment

Leasehold improvements Balance at end of period

656

(40)

7 191

(4 929)

Made up as follows: -

7 191

(4 929)

2 262

Owned assets

Movement summary 2021/22

Carrying amount 2020 Additions Disposals Depreciation

Carrying amount 2021

R’000

R’000

R’000

R’000

R’000

Computer equipment

708 613 325 616

1 136

(48)

(297) (136) (107) (68) (608)

1 499

Office furniture and fittings

97

- - -

574 218 548 2 839

Office equipment

- -

Leasehold improvements Balance at end of period

2 262

1 233

(48)

148

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