for the year ended 31 March 2016
2016Rm |
Restated |
|
---|---|---|
Trade and other payables | 7 134 | 5 635 |
Trade payables | 3 872 | 2 797 |
Finance cost accrued | 54 | 108 |
Accruals and other payables | 3 208 | 2 730 |
The increase in trade and other payables balances is mainly due to the payables consolidated as a result of the acquisition of BCX. Accruals and other payables mainly represent amounts payable for goods received net of value added tax, obligations and licence fees.
Included in the current and prior year balance is the refund from SARS of R854 million. Refer to note 21.