| NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 18 |
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2013
R’000 |
|
2012
R’000 |
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| 18. |
Provision |
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|
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Opening balance |
|
|
6 260 |
|
8 676 |
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Additions |
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|
535 279 |
|
379 684 |
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| |
Used during the year |
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(522 510) |
|
(382 100) |
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| |
|
|
|
19 029 |
|
19 029 |
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| |
The provision raised represents the value of electricity vouchers sold and unredeemed as at
year end, payable by the Group to the municipalities on redemption by the end customer.
Redemption is dependent on activation by customers. This is expected to occur within the
first quarter of the following financial year. |
| NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 18 |
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