Chapter 2 - P rogramme 1 - Department of Defence

| Financial Performance |
ANNEXURES TO THE ANNUAL FINANCIAL STATEMENTS
for the year ended 31 March 2008
ANNEXURE 3A
STATEMENT OF FINANCIAL GUARANTEES ISSUED AS AT 31 MARCH 2008 - LOCAL (CONTINUED)
Annual Report FY 2007 - 2008 328
| Department of Defence | Vote 20 |
Guarantor Institution Guarantee Original Opening Guarantee Guarantee Revaluations Closing Guaranteed Realised
in respect Guaranteed balance as drawdowns repayments/
balance 31 interest losses not
of capital at 1 April during the cancelled/
March 2008 outstanding recoverable
amount 2007 year reduced/
as at 31
released
March 2008
during the year
released during
the year
R’000 R’000 R’000 R’000 R’000 R’000 R’000 R’000
Standard Bank - 13 302 - 2 118 - 11 184 - 10
Venda Building Society - 850 - 278 - 572 - -
Venda National Development Corporation - 12 - - - 12 - -
Subtotal - 115 290 162 23 520 - 91 932 - 185
Total - 115 290 162 23 520 - 91 932 - 185