Notes to the Group Annual Financial Statements – Note 17

17. Employment benefit liability
 
   Group    
   Bonuses 
R’000
 
  Leave pay 
R’000
 
  Total 
R’000
 
 
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   
Charged to the statement of comprehensive income:                
– additional provisions    69 695       8 812       78 507    
Utilised during the year  (110 058)   (4 727)   (114 785)  
Balance as at 30 June 2018  6 136    43 819    49 955   
    Company    
    Bonuses 
R’000
 
  Leave pay 
R’000
 
  Total 
R’000
 
 
Balance as at 30 June 2017  4 500    –    4 500   
Charged/(credited) to the statement of comprehensive income:                
– amounts reversed  (4 500)   –    (4 500)  
Balance as at 30 June 2018   –    –    –   

The provision for management incentive bonuses was payable at the end of October 2017 and May 2018, whilst the remaining provision for staff is payable at the end of December 2018 to staff 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.


Notes to the Group Annual Financial Statements – Note 17