for the six months ended 30 September 2013
September 2013 |
Restated |
|
---|---|---|
Rm |
Rm |
|
Inventories | 832 | 760 |
Gross inventories | 953 | 1 067 |
Write-down of inventories to net realisable value | (121) | (307) |
March 2013 has been restated due to the adoption of the amended IAS 16. Maintenance spares were reclassified to property, plant and equipment. Refer to note 2. | ||
Decrease in inventory is mainly due to network equipment partly offset by an increase in installation and maintenance and merchandise stock. | ||
The write-down of inventory is mainly due to the provision for technology obsolescence and slow moving stock. |