ANNUAL FINANCIAL STATEMENTS 2024
for the year ended 30 September 2024
for the year ended 30 September 2024
| 28 | Group commitments |
| GROUP | |||
| (R'million) | 2024 | 2023 | |
|---|---|---|---|
28.1 |
Approved capital expenditure, which will be financed from normal operating cash flows and utilisation of existing borrowing facilities, is as follows: |
||
| Contracted | 211,0 | 570,0 | |
| Not contracted | 1 819,1 | 1 045,8 | |
| 2 030,1 | 1 615,8 | ||
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. |