NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 16

      2014
R’000
    2013
R’000
 
16. BORROWINGS      
  Interest-bearing borrowings   2 653     1 980  
  Non-interest-bearing borrowings   12 437     12 017  
      15 090     13 997  
  Less: Amounts included in current portion of borrowings   (15 090)     (13 997)  
      —     —  
  The Group did not default on any loans or breach any terms of the underlying agreements during the period. Borrowings are unsecured and have no fixed terms of repayment. Interest-bearing borrowings bear interest at prime + 2%.  

NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 16