| 2020 R'000 |
2019 R'000 |
|||||
|---|---|---|---|---|---|---|
| 35. | Lease liabilities | |||||
| Movement in lease liabilities | ||||||
| Adoption/transition balance at 1 July 2019 | 5 159 037 | – | ||||
| Additions | 435 243 | – | ||||
| On acquisition of business | 1 235 041 | – | ||||
| On disposal of business | (47 991) | – | ||||
| Interest paid | 375 936 | – | ||||
| Interest accrued | 60 359 | – | ||||
| Modification to lease terms | (41 262) | – | ||||
| Variable lease payment adjustments | (57 516) | – | ||||
| Lease payments | (1 393 480) | – | ||||
| Foreign exchange adjustment | (57 332) | – | ||||
| 5 668 035 | – | |||||
| Nature of lease liabilities | ||||||
| Long-term portion of lease liabilities | 4 429 734 | – | ||||
| Short-term portion of lease liabilities | 1 238 301 | – | ||||
| 5 668 035 | – | |||||
| Segmental analysis | ||||||
| Services | 1 318 675 | – | ||||
| Branded Products | 611 316 | – | ||||
| Freight | 1 712 650 | – | ||||
| Commercial Products | 773 752 | – | ||||
| Financial Services | 373 638 | – | ||||
| Automotive | 855 175 | – | ||||
| Corporate and investments | 22 829 | – | ||||
| 5 668 035 | – | |||||
| Geographic region | ||||||
| Southern Africa | 4 771 539 | – | ||||
| International | 896 496 | – | ||||
| 5 668 035 | – |
Short term, low value and lessor lease accounting Short term, low value leases which have fixed determinable escalations are charged to the income statement on a straight-line basis and liabilities are raised for the difference between the actual lease expense and the charge recognised in the income statement. The liabilities are classified based on the timing of the reversal which will occur when the actual cash flow exceeds the income statement amounts.
|