ANNUAL FINANCIAL STATEMENTS 2024 for the year ended 30 September 2024 Annual financial statements AFS commentary Menu Annual financial statements > Trade and other payables
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25 Trade and other payables GROUP COMPANY (R'million) 2024 2023 2024 2023 Trade payables 3 323,5 2 790,7 Derivative liabilities 14,1 – Rebates and incentives accruals 928,6 899,5 Accruals 1 168,1 1 235,2 VAT payable 163,6 151,3 Other creditors 269,9 255,9 27,0 39,2 Defined benefit pension fund liability (refer note 30) – 2,7 – – 5 867,8 5 335,3 27,0 39,2 Trade payables are non-interest-bearing and are normally settled within 30 to 45 day terms.
