Banking Sector Education and Training Authority (BANKSETA)

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2022/23	2021/22	2020/21	2019/20	2018/19

AUDIT OUTCOME	Qualified	Financially Unqualified	Financially Unqualified	Financially Unqualified	Financially Unqualified

Current Assets	1 136 767	1 214 614	1 069 181	905 512	732 999
Non-Current Assets	4 376	3 451	3 013	1 998	2 802
Total Assets	1 141 143	1 218 065	1 072 194	907 510	735 801
Current Liabilities	171 692	155 212	104 502	38 256	72 053
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	171 692	155 212	104 502	38 256	72 053
Total Net Assets	969 451	1 062 853	967 692	869 254	663 748

FINANCIAL PERFORMANCE
Total Revenue	1 020 552	895 963	644 119	916 370	882 993
Revenue from Exchange Transactions	75 759	47 719	45 071	62 828	50 099
Revenue from Non-Exchange Transactions	944 793	848 244	599 048	853 542	832 894
Total Expenditure	(1 113 954)	(800 802)	(545 681)	(710 864)	(732 934)
Employee Related costs	(65 135)	(56 052)	(53 207)	(49 127)	(44 964)
Surplus/(Deficit) for Year	(93 402)	95 161	98 438	205 506	150 059

CASH FLOW
Net Cash Flows from Operating Activities	(84 442)	151 403	165 291	175 189	167 494
Net Cash Flows from Investing Activities	(1 555)	(842)	(2 344)	(734)	(680)
Cash & Cash Equivalents at End of Year	1 126 578	1 212 576	1 062 015	899 068	724 613

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	1 576	1 298	19 671	1 767	2 604
Fruitless & Wasteful Expenditure	25	-	-	-	40

HUMAN RESOURCES
Posts Approved	n/a	n/a	n/a	n/a	n/a
Posts Filled	72	64	61	60	55

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual Report

The information in this directory is compiled from various sources and is subject to continual change. If you notice any errors or omissions, contact us so that we may correct them.