Figures in Rand thousand |
2019 |
|
2018 |
|
Interest-bearing liabilities |
2 980 602 |
|
3 404 595 |
|
Interest-bearing bank loans secured through security SPV |
2 292 881 |
|
2 841 518 |
|
Unsecured interest-bearing bank loans |
675 219 |
|
537 844 |
|
Interest-bearing bank loans secured by certain property |
12 502 |
|
25 233 |
|
Non-interest-bearing liabilities |
352 603 |
|
699 401 |
|
Vendors for acquisition – level 3 |
303 313 |
|
633 709 |
|
Other non-interest bearing liabilities |
49 290 |
|
65 692 |
|
Current assets held for sale (note 15) |
(9 248) |
|
– |
|
|
3 323 957 |
|
4 103 996 |
|
Non-current financial liabilities |
2 255 825 |
|
3 208 415 |
|
Current financial liabilities |
1 068 132 |
|
895 581 |
|
|
3 323 957 |
|
4 103 996 |
|
Reconciliation of other financial liabilities |
|
|
|
|
Balance at the beginning of the year |
4 103 996 |
|
4 541 092 |
|
Raised through business combinations |
– |
|
201 053 |
|
Proceeds from other financial liabilities |
967 307 |
|
502 849 |
|
Repayment of other financial liabilities |
(1 745 982) |
|
(1 070 477) |
|
Acquisitions of non-controlling interests |
– |
|
67 839 |
|
Disposal of subsidiaries |
(64 406) |
|
(155 362) |
|
Net changes in fair value |
33 199 |
|
(9 156) |
|
Other non-cash items |
39 090 |
|
26 158 |
|
Liabilities directly associated with assets held for sale (note 15) |
(9 248) |
|
– |
|
|
3 323 956 |
|
4 103 996 |
|
Financial instruments |
|
|
|
|
Measured at amortised cost |
3 020 644 |
|
3 470 287 |
|
Financial liabilities carried at fair value through profit or loss |
303 313 |
|
633 709 |
|
|
3 323 957 |
|
4 103 996 |
|
Vendors for acquisitions |
|
|
|
|
Non-current financial liabilities |
– |
|
62 666 |
|
Current financial liabilities |
303 313 |
|
571 043 |
|
|
303 313 |
|
633 709 |
|
The loans secured through Security SPV have the following security provided trade and other receivables contained in note 13 and cash contained in
note 14 of at least 80% of each class of asset which are required to be pledged and in terms of security arrangements through the Security SPV.