| NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 11 |
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2013
R’000 |
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2012
R’000 |
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| 11. |
Inventories |
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Finished goods – airtime and related products |
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1 858 511 |
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539 221 |
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1 858 511 |
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539 221 |
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Inventory impairments of R1.5 million (2012: R9.7 million) have been charged to the
statement of comprehensive income and are included in other expenses.
Inventories with a cost of R17.7 billion (2012: R17.5 billion) were sold during the year and
have been charged to the statement of comprehensive income and are included in changes
of inventories of finished goods.
A general notarial bond is held by Investec Bank Limited over airtime up to R900 million
(2012: R750 million). |
| NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 11 |
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