| |
2018
R’m |
|
| Under current liabilities: |
|
|
|
|
| Trade payables |
1 631 |
|
1 609 |
|
| Accruals |
1 617 |
|
1 293 |
|
| Employee-related payables |
943 |
|
859 |
|
| Value added tax |
102 |
|
70 |
|
| Deferred income |
44 |
|
86 |
|
| Other payables |
462 |
|
492 |
|
| Balance at 30 September |
4 799 |
|
4 409 |
|
| Under non-current liabilities: |
|
|
|
|
| Employee-related payables |
13 |
|
38 |
|
| Deferred income |
17 |
|
– |
|
| Other payables |
90 |
|
89 |
|
| |
120 |
|
127 |
|
| |
|
|
|
|
The employee-related payables represent:
- the employee benefits payable to revenue tax authorities as well as medical aid and provident fund payment obligations at year-end
- the pro rata portion of a 13th cheque that is payable to employees annually in terms of their employment contracts,
accrued annual leave and a performance bonus scheme
- the long-term incentive schemes for the executives and senior employees for international employees. Provisions are
raised as payment is subject to the employee being in employment at vesting date
The total long-term incentive liabilities (short-term and long-term portion) relating to the international executives and
senior employees amount to R13 million (2018: R38 million).
|