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Interest-free loans |
41 041 |
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25 710 |
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Interest-bearing loans receivable |
33 261 |
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|
20 641 |
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| |
|
74 302 |
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|
46 351 |
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Less: Amounts included in current portion of loans receivable |
(44 569) |
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(27 850) |
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29 733 |
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18 501 |
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All loans receivable are unsecured. Interest-bearing loans bear interest at a range of between prime and prime plus 2%. Interest-free loans amounting to R32.1 million and interest-bearing loans amounting to R1.3 million are repayable within five years. |
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The loans receivable are neither past due nor impaired with a low risk of default. Of this amount, R19 million (2014: R24 million) relates to loans receivable from related parties, which are interest free. Refer to note 29. |
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