GROUP | ||||
Notes |
2021 R ' m |
2020 R ' m |
||
20.1 |
Current assets |
204 |
86 |
|
Forward purchase contracts |
24.1.1.2 ; 24.2 |
203 |
53 |
|
Safex futures |
24.1.1.2 ; 24.2 |
1 |
33 |
20.2 |
Current liabilities |
58 |
72 |
|
Forward purchase contracts |
24.1.1.2 ; 24.2 |
5 |
69 |
|
Foreign exchange contracts |
24.1.1.3 ; 24.2 |
- |
3 |
|
Safex futures |
24.1.1.2 ; 24.2 |
53 |
- |
21.2 |
Commitments in respect of capital projects |
||
GROUP | |||
2021 R ' m |
2020 R ' m |
||
Already contracted |
14 |
23 |
|
Authorised by the board but not yet contracted |
47 |
59 |
|
Total future capital projects |
61 |
82 |
Notes |
R ' m |
R ' m |
||
Profit from operations is stated after the following : |
||||
Employee costs ( including directors ' costs ) |
22.4 ; 26.4 |
( 943 ) |
( 602 ) |
|
Increase in allowance for expected credit loss on financial assets |
9 ; 11.5 |
( 28 ) |
( 8 ) |
|
Bad debt written off |
( 15 ) |
( 2 ) |
||
Water and electricity |
( 132 ) |
( 96 ) |
||
Depreciation |
2 ; 4 |
( 139 ) |
( 95 ) |
|
Maintenance costs |
( 104 ) |
( 78 ) |
||
Lease expenses ( low value and short term ) |
( 13 ) |
( 10 ) |
||
Property |
( 6 ) |
( 5 ) |
||
Plant and equipment |
( 7 ) |
( 5 ) |
||
Foreign exchange ( loss )/ profit |
( 1 ) |
4 |
||
Profit on disposal of property , plant and equipment |
37 |
2 |
||
Increase in provision for grain risk |
19.1 |
( 42 ) |
( 2 ) |
|
Reversal /( impairment ) of investment and loans to related parties * |
7.1 ; 8 |
9 |
12 |
|
Merchandise inventory provision part of cost of sales |
10.2 |
21 |
10 |
|
Cost of sales and finance income recognised as an expense |
( 4 954 ) |
( 3 037 ) |