|
Operating expenses are analysed by nature as follows:
Auditors' remuneration |
|
323 |
960 |
Consulting fees |
1 693 |
(308) |
Depreciation |
266 |
471 |
Impairment losses/(releases) on financial assets and financial guarantees** |
311 799 |
(39 905) |
Legal expenses |
377 |
290 |
Secretarial fees |
1 482 |
1 430 |
** |
The impairment losses of R311 799 million includes the increase in the ECL provision of R268 million relating to the loan owing by The
Prepaid Company to BLT, refer to note 6. In addition, the impairment losses include an ECL adjustment of R40.2 million relating to the
financial guarantee issued to Dark Fibre Africa (SPV5), refer to note 12. |
|