9. TRADE AND OTHER PAYABLES

For details regarding the accounting policy, refer to note 4.

These amounts represent liabilities for goods and services provided to BLU prior to the end of the financial year which are unpaid. The amounts are unsecured and are usually paid within 60 days of recognition.

2026
R’000
2025
R’000
FINANCIAL INSTRUMENTS
Trade payables 14 52
Accrued expenses 3 892 1 350
3 906 1 402

The fair value of the trade and other payables approximates their carrying amounts due to being payable in the short term.