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
Company       Group  
2015  
Rm’s  		     2014  
Rm’s  		       2015  
Rm’s  		     2014  
Rm’s  
        30.   Commitments and contingencies              
          Capital commitments              
          Capital expenditure for land and buildings, computer equipment and other fixed assets:              
          Contracted     176       68  
          Authorised but not contracted for     197       107  
              373       175  
          Capital expenditure will be financed from own resources.              

Operating lease commitments
Refer to note 5 for details of lease commitments.

Litigation
As previously disclosed, legal proceedings have been instituted against Majuba Aviation (Pty) Ltd, a subsidiary company of the Group providing aircraft charter services, for which there is insurance cover.