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Notes to the consolidated financial statements

for the year ended 30 June 2008
 
Spacer    
2008  
 
2007  
     
R’000  
 
R’000  

18.

OVERDRAFTS AND SHORT-TERM BORROWINGS

       

 

Overdrafts and short-term borrowings (unsecured)  
388 103  
 
540 267  
  Current portion of long-term borrowings (refer note 12)  
5 330  
 
4 503  
     
393 433  
 
544 770  
  Overdrafts and short-term borrowings are repayable on demand and interest rates are linked        
  to the prime overdraft rate.        
 
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