Notes to the Company Annual Financial Statements | Note 10

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.

    2024
R’000		   2023
R’000
Financial instruments        
Trade payables   17   19
Accrued expenses   2 031   1 102
Non-financial instruments        
South African Revenue Service   —   1 434
    2 048   2 555

The fair value of the trade and other payables approximates their carrying amounts due to being payable in the short term.