MENU Notes to the financial statementsfor the year ended 30 June 2015

  1. Accounting policies
  2. Definitions
  3. Revenue
  4. Cost of sales
  5. Trading profit
  6. Share-based payments
  7. Finance revenue
  8. Finance cost
  9. Taxation
  10. Earnings per share
  11. Headline earnings per share
  12. Dividends paid in the current year
  13. Property, plant and equipment
  14. Investment properties
  15. Investments
  16. Long-term financial assets
  17. Goodwill
  18. Deferred taxation
  19. Inventories
  20. Trade and other receivables
  21. Cash and cash equivalents
  22. Stated capital
  23. Non-distributable reserve
  24. Interest-bearing loans and borrowings
  25. Trade and other payables
  26. Provisions
  27. Reconciliation of profit before taxation to cash generated from operations
  28. Taxation paid
  29. Dividends paid
  30. Commitments and contingencies
  31. Employee benefits
  32. Financial risk management objectives and policies
  33. Related-party transactions
  34. Segment report (restated)
  35. Subsequent events
  36. Discontinued operations
  37. Loss of control in subsidiary
  38. Group entities
      Leave pay  
Rm’s  		 Incentive  
bonus  
Rm’s  		 Total  
Rm’s  
26. Provisions          
  Balance as at 1 July 2013     13   30   43  
  Provision utilised     (6)  (22)  (28) 
  Provision raised     1   27   28  
  Balance as at 30 June 2014     8   35   43  
  Provision utilised     (2)  (37)  (39) 
  Provision raised     6   33   39  
  Balance as at 30 June 2015     12   31   43  
  Leave pay is provided on accumulated leave balances at year end based on employees’ cost to Company.  
  Provision for incentive bonus is expected to be realised when bonuses are paid in the 2016 financial year, and is based on terms as dictated in employment contracts (subject to the final approval from management).