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ANNUAL REPORT 2014/15

DHET Annual Report 2014-2015

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DEPARTMENT OF HIGHER EDUCATION AND TRAINING<br />

VOTE 17<br />

ANNEXURES TO THE <strong>ANNUAL</strong> FINANCIAL STATEMENTS<br />

for the year ended 31 March 20<strong>15</strong><br />

ANNEXURE 2A<br />

STATEMENT OF FINANCIAL GUARANTEES ISSUED AS AT 31 MARCH 20<strong>15</strong> – LOCAL<br />

GUARANTOR INSTITUTION<br />

Guarantee<br />

in respect<br />

of<br />

Original<br />

guaranteed<br />

capital<br />

amount<br />

Opening<br />

balance 1<br />

April <strong>2014</strong><br />

Guarantees<br />

draw<br />

downs<br />

during the<br />

year<br />

Guaranteed<br />

repayments/<br />

cancelled/<br />

reduced/<br />

released during<br />

the year Revaluations<br />

Closing<br />

balance 31<br />

March 20<strong>15</strong><br />

Guaranteed<br />

interest for<br />

year ended<br />

31 March<br />

20<strong>15</strong><br />

Realised<br />

losses not<br />

recoverable<br />

i.e. claims<br />

paid out<br />

R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000<br />

Housing<br />

Employees Housing 284 70 - 50 - 20 - -<br />

Subtotal 284 70 - 50 - 20 - -<br />

Other<br />

University of Free State Tertiary<br />

Institutions 750 <strong>15</strong> - <strong>15</strong> - - - -<br />

University of Johannesburg Tertiary<br />

Institutions 14 382 1 771 - 1 119 - 652 38 -<br />

University of Venda Tertiary<br />

Institutions 54 752 129 - 129 - - - -<br />

Tertiary<br />

Institutions 4 075 517 - 200 - 317 14 -<br />

Subtotal 73 959 2 432 - 1 463 - 969 52 -<br />

Total 74 243 2 502 - 1 513 - 989 52 -<br />

226

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