for the year ended 31 March 2011
Restated |
2011 |
|
---|---|---|
Rm |
Rm |
|
Trade and other payables | 5,549 | 4,782 |
The decrease in vendors' balances is due to reduced purchases requirements for projects made in the current financial year and also due to the strengthening of the Rand against major currencies in the financial year. | ||
Included in the current financial year is Voluntary Early Retirement Packages (VERP) and Voluntary Severance Packages (VSP) of R592 million, partially offset by the reclassification of certain Multi-Links Telecommunications Limited trade and other payables as liabilities held for sale . |