10. TRADE AND OTHER PAYABLES
 

For details regarding the accounting policy refer to note 5.

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

 
  2023
R’000
2022
R’000
Financial instruments    
Trade payables 19 17
Accrued expenses 1 102 1 078
Non-financial instruments    
South African Revenue Service 1 434 8 962
  2 555 10 057

The carrying amounts of trade and other payables approximate their fair values.