for the year ended 31 March 2011
Restated |
2011 |
|
|---|---|---|
Rm |
Rm |
|
| Non-current portion of provisions | 4,355 | 4,740 |
| Employee related | 4,315 | 4,711 |
| Non-employee related | 40 | 29 |
| Current portion of provisions | 2,556 | 2,018 |
| Employee related | 1,963 | 1,932 |
| Non-employee related | 593 | 86 |
| The increase in non-current provisions is due to the increase in post-retirement medical aid. This is due to the interest cost, service fee and the change in actuarial assumptions. | ||
| The reduction of the current portion of provisions is attributable to the settlement of the Telcordia dispute of R608 million. | ||
| In the current year the provisions have been split between employee related and non-employee related. |