for the six months ended 30 September 2014
Reviewed |
Reviewed |
Audited |
|
|---|---|---|---|
Rm |
Rm |
Rm |
|
| Non-current interest-bearing debt | 3 398 | 3 841 | 3 775 |
| Local debt | 2 601 | 2 770 | 2 815 |
| Foreign debt | 199 | 396 | 307 |
| Finance leases | 598 | 675 | 653 |
| Current portion of interest-bearing debt | 1 612 | 493 | 321 |
| Local debt | 1 260 | 200 | - |
| Foreign debt | 253 | 224 | 236 |
| Finance leases | 99 | 69 | 85 |
| Repayments/refinancing | |||
| The Group obtained long-term funding of R1 billion to diversify its debt maturity profile and to finance its activities during the reporting period. | |||
| The repayment of the current portion of interest-bearing debt of R1 513 million (nominal as at 30 September 2014) is expected to be repaid from available operational cash flow and/or the issue of new debt instruments. | |||
| Management believes that sufficient funding facilities will be available at the date of repayment/refinancing. |