16. TRADE AND OTHER PAYABLES
Trade and other payables
2 046,7
1 801,7
Payroll accruals
93,6
64,0
Short-term portion of long-term provision (note 14)
20,6
19,1
2 160,9
1 884,8
17. SUBCONTRACTOR LIABILITIES
Contracts-in-progress and contract receivables include claims against clients in respect
of subcontractor liabilities. These liabilities are only settled when payment has been
received from clients.
18. BANK OVERDRAFTS AND SHORT-TERM LOANS
Bank overdrafts
194,7
118,7
Current portion of long-term loans (note 12)
– secured
23,9
28,4
– unsecured
55,0
69,2
Current portion of capitalised finance leases (note 12)
28,0
11,6
Current portion of obligations under finance headleases (note 13)
79,2
55,2
380,8
283,1
19. REVENUE
Continuing operations
Contracting revenue
6 582,4
4 445,7
Sale of goods
3 640,9
3 146,0
Rendering of services
173,3
190,3
Other
91,8
21,4
10 488,4
7 803,4
Discontinued operations
205,4
620,6
10 693,8
8 424,0
20. EXCEPTIONAL ITEMS
Headlease and other discontinued property activities (notes 1, 2, 13, 14)
11,2
(7,1)
Provision released to income statement
15,7
10,1
Net lease income from discontinued headlease property
65,7
49,7
Depreciation
of discontinued headlease property
(5,2)
(5,2)
Interest expense on obligations under
finance headleases
(57,2)
(61,7)
Additional liability raised
(7,8)
–
Net profit (loss) on disposals and closures
189,2
(9,0)
Impairment loss recognised on unlisted
loan investments
(159,2)
–
Impairment loss recognised
on goodwill
(4,7)
–
Impairment loss recognised on property,
plant and equipment
(23,1)
–
13,4
(16,1)
All monetary amounts are expressed
in millions of rand
2005
2004
