for the six months ended 30 September 2016
Reviewed |
Audited |
|
|---|---|---|
Rm |
Rm |
|
| Trade and other payables | 6 982 | 7 134 |
| Trade payables | 2 998 | 3 872 |
| Accruals and other payables | 3 855 | 3 208 |
| Finance cost accrued | 129 | 54 |
The net decrease in trade payables, accruals and other payables is due to repayment of non-recurring trade payables.
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 22.)