| NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 16 |
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2014
R’000 |
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2013
R’000 |
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| 16. |
BORROWINGS |
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Interest-bearing borrowings |
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2 653 |
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1 980 |
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Non-interest-bearing borrowings |
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12 437 |
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12 017 |
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15 090 |
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13 997 |
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Less: Amounts included in current portion of borrowings |
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(15 090) |
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(13 997) |
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— |
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— |
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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%. |
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| NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 16 |
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