NOTES TO THE FINANCIAL STATEMENTS | Note 12

12. INVENTORY
 
  Group    Company   
  2020 
R’000 
  Restated**
2019   
R’000   
  2020 
R’000 
  2019 
R’000 
 
Finished goods* 200 261    185 384         
Merchandise 99 590    98 348          
Merchandise provision (2 000)   –          
Inventory on hand at year-end 297 851    283 732       –     
* The finished goods balance consists of the inventory at hand net of the unearned fees relating to Single Exit Price (SEP) applied.
** Refer to Note 35.5 for the details of the restatement.

Merchandise refers to pharmaceutical products that are on hand at year-end.

The finished goods on hand at year-end relate to specialised equipment that will be sold in the next financial period.


NOTES TO THE FINANCIAL STATEMENTS | Note 12