BANKSETA AR 31 AUGUST

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

6.

PAYABLES FROM EXCHANGE TRANSACTIONS

2021/22

2020/21

R’000

R’000

Salary related payables

292

337

Sundry payables

6 498 2 065 1 618 2 809

6 374 2 132 1 587 2 641

Trade payables

Other accrued expenses

Leave accrual Sundry creditors

6

14

6 790

6 712

The effect of discounting was considered and found to be immaterial.

7.

PAYABLES FROM NON-EXCHANGE TRANSACTIONS

2021/22

2020/21

R’000

R’000

Skills development grants payable - mandatory

17 078 1 574 85 271 103 923

15 670 2 473 32 992 51 135

Employer payables

Project grants payable - discretionary

The effect of discounting was considered and found to be immaterial.

153

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