HSRC Integrated Annual Report 2018/2019

114 / HSRC INTEGRATED ANNUAL REPORT 2018/19 PART E: ANNUAL FINANCIAL STATEMENTS NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2019 (Continued) 2019 March 2018 March R’000 R’000 10 Capital and Expenditure Commitments Approved and contracted 59 166 44 899 Total commitments 59 166 44 899 Capital expenditure 995 1 389 Operational expenditure 58 171 43 510 Total 59 166 44 899 Less than one year 35 013 40 769 More than one year 24 153 4 130 Total 59 166 44 899 Most of the commitments are project related expenses (funded by various funders). 11 Provisions Performance bonus - 5 578 - 5 578 Performance bonuses are paid annually for staff performance that exceeds expectation after performance appraisals are completed and moderated. No provision was made in the current financial year due to budget constraints. Analysis of Movements in Provisions Performance bonus Opening balance 5 578 5 797 Provision reversal (1 296) 2 978 Amounts paid during the year (4 282) (3 197) Closing balance - 5 578