NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS – NOTE 22

22. COST OF PHARMACEUTICAL PRODUCTS
 
  GROUP   COMPANY  
  June 2017 
R’000 
  June 2016 
R’000 
  June 2017
R’000
  June 2016
R’000
 
Opening inventory 72 310    6 803   
 
 
Purchases 837 800    653 711       
Closing inventory (73 376)   (72 310)      
  836 734    588 204       

This relates to sale of pharmaceutical products which resulted from the WAD healthcare assets acquisition in the 2016 financial year.

NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS – NOTE 22