Currently viewing: Finance costs and finance income | Next: Earnings per share
Finance costs/income are recognised in profit or loss using the effective interest rate method as the instruments to which this relates are measured at amortised cost.
Where the core business of a Group subsidiary is providing finance to its customers, the interest earned from these customers is recognised as revenue in profit or loss. In all other scenarios, interest is recognised as a finance income or finance expense below operating profit.
| 2025 R'000 |
2024 R'000 |
|||
|---|---|---|---|---|
| Finance costs | ||||
| – Bank | 66 | 292 | ||
| – Loans and facilities | 1 003 071 | 1 082 061 | ||
| – Related party loans (refer to note 8) | 755 | — | ||
| – Other | 80 459 | 34 920 | ||
| – Unwinding of lease liability | 5 963 | 4 083 | ||
| 1 090 314 | 1 121 356 | |||
| Finance income | ||||
| – Bank | (34 625) | (43 579) | ||
| – Loans | (6 779) | (8 453) | ||
| – Related party loans (refer to note 8) | (710 833) | (707 521) | ||
| – Related party other (refer to note 8) | (47 125) | (137 617) | ||
| – Other | (4 495) | (4 714) | ||
| (803 857) | (901 884) |
