BANKSETA AR 31 AUGUST

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

NFSAS 718 - - - - - 4 000 (2 082) - 1 918

Window 2022 725 - - - - - 255 029 - - 255 029 PIVOTAL Grant Funding Window 2021 699 - - - - - 26 231 (8 887) - 17 344

R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000 PROGRAMME: YOUTH (CONTINUED) University of Technology Funding Window 695 - - - - - 34 563 (15 485) - 19 078 TVET WIL Funding Window 697 - - - - - 126 016 (54 310) - 71 706 BANKSETA Higher Education Funding Window

2021/22 698 - - - - - 73 618 (10 454) (8 181) 54 983 Letsema

Projects 702 - - - - - 37 983 (25 361) (107) 12 515

31 March 2022

Closing

balance

Total Youth 51 847 209 709 (165 108) (19 409) 77 039 773 287 (326 503) (41 975) 481 848

adjustments 2021/22

Write backs and other

Performance 2021/22

Statement

Charged to

of Financial

New

Accounting Authority

approved by

commitments

18. COMMITMENTS (CONTINUED) Commitments R’000 Project name Project number Opening balance 31 March 2020 New commitments approved by Accounting Authority Charged to Statement of Financial Performance 2020/21 Write backs and other adjustments 2020/21 Opening balance 31 March 2021

Internship Funding

and Kuyasa

170

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