Significant accounting judgements, estimates and assumptions
Estimates are made of legal or constructive obligations resulting in the raising of provisions and of the expected date of probable outflow of economic benefits to assess whether the provision should be discounted. Liabilities provided for legal matters require judgements regarding projected outcomes and ranges of losses based on historical experience and recommendations from legal counsel.
| |
Group |
Company |
| |
31 March
2025
Rm |
31 March
2025
Rm |
| Non-current provisions |
366 |
381 |
332 |
337 |
| Non-current employee-related provisions |
322 |
334 |
316 |
327 |
| Subsidiary defined benefit plans (refer to note 10.4 for the reconciliation of the opening to closing balance) |
6 |
7 |
— |
— |
| Telephone rebates (refer to note 10.5 for the reconciliation of the opening to closing balance) |
316 |
327 |
316 |
327 |
| Non-current non-employee-related provisions |
|
|
|
|
| Other |
44 |
47 |
16 |
10 |
| Balance at the beginning of the year |
47 |
56 |
10 |
21 |
| Charged to statement of profit or loss and other comprehensive income |
3 |
7 |
— |
— |
| Remeasurements |
(6) |
(16) |
6 |
(11) |
| Current provisions |
1 579 |
1 501 |
545 |
479 |
| Current portion of employee-related provisions |
1 308 |
1 229 |
506 |
440 |
| Annual leave |
411 |
424 |
68 |
74 |
| Balance at the beginning of the year |
424 |
423 |
74 |
62 |
| Charged to employee expenses |
(2) |
27 |
(6) |
12 |
| Leave paid/utilised |
(11) |
(26) |
— |
— |
| Telephone rebates (refer to note 10.5 for the reconciliation of the opening to closing balance) |
43 |
43 |
43 |
43 |
| Bonus, termination packages and other benefits |
854 |
762 |
395 |
323 |
| Balance at the beginning of the year |
762 |
329 |
323 |
78 |
| Charged to employee expenses (refer to note 3.4.3) |
863 |
988 |
373 |
353 |
| Payments made |
(771) |
(555) |
(301) |
(108) |
| Current portion of non-employee-related provisions |
|
|
|
|
| Other |
271 |
272 |
39 |
39 |
| Balance at the beginning of the year |
272 |
298 |
39 |
31 |
| Charged to statement of profit or loss and other comprehensive income |
39 |
75 |
20 |
— |
| Remeasurements |
(40) |
(101) |
(20) |
8 |
|
|
|
|
|
Annual leave
In terms of the Group's policy, employees are entitled to accumulate vested leave benefits not taken within a leave cycle, up to a cap of 22 – 30 days (31 March 2025: 22 – 30 days), which must be taken within a 12 – 19 month (31 March 2025: 12 – 19 month) leave cycle. The leave cycle is reviewed annually and is in accordance with legislation.
Bonus
The bonus scheme consists of performance bonuses which are dependent on the achievement of certain financial and non-financial targets. The bonus is payable annually to all qualifying employees after the Group's results have been made public, with a 14th cheque payable to a certain group of employees.
Non-employee-related provisions
Other provisions relate to restoration provisions, contingent consideration on the acquisition of Dotcom Software Solutions (Pty) Ltd and other general provisions.
|
