12. INVENTORIES
 
  Group Company
2024 
R’000 
2023 
R’000
 
2024
R’000
2023
R’000
Finished goods* 293 135  303 998 
Merchandise – pharmaceutical** 156 494  146 420 
Merchandise provision (550) (5 856)
INVENTORIES ON HAND AT YEAR-END 449 079  444 562 
* The finished goods balance consists of the inventories on hand net of the unearned fees relating to Single Exit Price (SEP) applied.
** Merchandise refers to pharmaceutical products that are on hand at year-end.