GROUP | |||
(R’million) | 2021 | 2020 | |
28 | GROUP COMMITMENTS | ||
28.1 | Approved capital expenditure, which will be financed from the group’s own resources, is as follows: | ||
Contracted | 277,0 | 162,7 | |
Not contracted | 1 506,6 | 1 369,3 | |
1 783,6 | 1 532,0 |
28.2 | The capital commitments noted above include various capital efficiency and expansion projects. |
28.3 | Commitments in respect of inventories In terms of its normal business practice certain group operations have entered into commitments to purchase certain agricultural inputs over their respective seasons. |
28.4 | Commitments in respect of transport The group maintains long-term contracts, including certain minimum payments, with various transport companies for the distribution of its products. |