BANKSETA AR 31 AUGUST

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

15.

ADMINISTRATION EXPENSES

2021/22

2020/21

Notes R’000

R’000

Advertising, marketing and promotions, communication

525 (1) 4 187 3 193 994

2 037

Allowance for irrecoverable debts

5

Audit fees

2 672 2 182

External audit fees Internal audit fees

490

Catering at stakeholder meetings

25

84

Consultancy fees Cost of employment

646

253 53 207 1 318 498 820 887 232 4 476 4 319 157 5 793 3 439 2 590 6 135 11

15.1

56 052 1 175

Depreciation/Amortisation

Depreciation Amortisation

608 567 817 127

Legal fees

Maintenance, repairs and running costs - other

Loss on disposal of property

15

Operating lease rentals (minimum lease payments)

3 597 3 543

Buildings Equipment

54

Quality Council for Trade and Occupations

22.2

3 951

Remuneration to members of the Accounting Authority and committees

3 480 1 110

Research costs

Service provider fees

3 317

Staff training and development

599

824

Travel and subsistence

457 3 952 2 980

179

Other

4 380 *

Other administration expenses

3 556

Printing and stationery

236

131

Telephone costs

491

465 *

Workshops

245 84 031

228

88 523

* Prior year presentation adjusted to align with current year presentation

159

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