NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS – NOTE 20

    2015
R’000		       2014
R'000		  
20. COMMITMENTS            
  Future operating lease commitments for:            
  Premises            
  Payable within one year 15 195       13 751  
  Payable in two to five years 12 270       27 465  
  Payable in greater than five years —       —  
    27 465       41 216  
  Future funding commitments

The Company has committed to provide funding of R36.4 million to a joint venture.

The commitment is non-binding but has been undertaken with a reasonable expectation of fulfilment.

NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS – NOTE 20