| |
| |
| |
Bonuses
R’000 |
Leave pay
R’000 |
Total
R’000 |
|
| Balance as at 30 June 2015 |
70 878 |
40 227 |
111 105 |
|
| Charged/(credited) to the statement of comprehensive income: |
|
|
|
|
| – additional provisions |
93 081 |
14 108 |
107 189 |
|
| – amounts reversed |
– |
(8 528) |
(8 528) |
|
| Utilised during the year |
(102 842) |
(147) |
(102 989) |
|
| Balance as at 30 June 2016 |
61 117 |
45 660 |
106 777 |
|
| Charged/(credited) to the statement of comprehensive income: |
|
|
|
|
| – additional provisions |
81 003 |
– |
81 003 |
|
| – amounts reversed |
– |
(1 158) |
(1 158) |
|
| Utilised during the year |
(95 621) |
(4 768) |
(100 389) |
|
| Balance as at 30 June 2017 |
46 499 |
39 734 |
86 233 |
|
|
| |
| |
Bonuses
R’000 |
Leave pay
R’000 |
Total
R’000 |
|
Balance as at 30 June 2016
|
|
|
|
|
| Charged/(credited) to the statement of comprehensive income: |
– |
– |
– |
|
| – additional provisions |
4 500 |
– |
4 500 |
|
| Balance as at 30 June 2017 |
4 500 |
– |
4 500 |
|
|
The provision for management incentive bonuses is payable at the end of October 2017, while the remaining provision for
staff is payable at the end of December 2017 as part of a salary restructuring arrangement based on their cost to company.
The leave pay provisions are primarily in respect of leave pay to be settled in the next financial year.
| |
| |
June 2016
R’000 |
|
June 2016
R’000 |
|
| Current portion |
86 233 |
|
106 777 |
|
4 500 |
|
– |
|
|
|
|
|
|
|