| |
|
2014
R’000 |
|
|
2013
R’000 |
|
| 3. |
Net finance charges |
|
|
|
|
|
| |
Finance income |
279 038 |
|
|
231 567 |
|
| |
Interest income on banking and other advances |
200 865 |
|
|
176 877 |
|
| |
Interest income on bank balances |
62 469 |
|
|
48 996 |
|
| |
Interest imputed on post-retirement assets |
10 010 |
|
|
– |
|
| |
Interest income on unimpaired available-for-sale financial investments |
5 694 |
|
|
5 694 |
|
| |
Finance charges |
(1 218 242) |
|
|
(912 930) |
|
| |
Interest expense on banking liabilities |
(83 353) |
|
|
(72 645) |
|
| |
Interest expense on bank overdrafts |
(321 591) |
|
|
(191 258) |
|
| |
Interest expense on listed bonds and commercial paper |
(401 668) |
|
|
(348 137) |
|
| |
Interest expense on financed assets |
(12 212) |
|
|
(5 880) |
|
| |
Interest expense on vehicle lease creditors and floorplan creditors |
(60 088) |
|
|
(33 606) |
|
| |
Interest expense on other borrowings |
(330 160) |
|
|
(191 597) |
|
| |
Interest imputed on post-retirement obligations |
(11 798) |
|
|
(72 355) |
|
| |
Less borrowing costs capitalised to property, plant and equipment |
2 628 |
|
|
2 548 |
|
 |
|
|
|
|
|
|
| |
|
(939 204) |
|
|
(681 363) |
|
| |
Less net finance income from banking operations included in operating profit |
(109 091) |
|
|
(83 183) |
|
| |
Income |
(188 806) |
|
|
(154 908) |
|
| |
Charges |
79 715 |
|
|
71 725 |
|
|
|
|
|
|
|
|
| |
|
(1 048 295) |
|
|
(764 546) |
|
| |
The applicable weighted average interest rate is used to determine the amount of borrowing costs eligible for capitalisation. |
|
|
|
|
|
|
|
|
|
|
|
|