NOTES TO THE FINANCIAL STATEMENTS l NOTE 30 30. Commitments       GROUP June 2014 R000   COMPANY June 2014 R000   GROUP AND COMPANY June 2013 R000     30.1 Capital commitments                 Approved and committed 334 470   334 470   603 426       Approved but not yet committed 80 895   67 534   82 887         415 365   402 004   686 313       Capital commitments approved and committed comprise the following:                 Development costs                 — Rosebank Mall 287 502   287 502   565 348       — Canal Walk 13 073   13 073   27 063       — Hyde Park 20 565   20 565   4 300       — The Glen 1 748   1 748   6 715       — Atterbury Value Mart 4 056   4 056           — Clearwater 7 526   7 526             334 470   334 470   603 426       Capital commitments approved but not yet committed 80 895   67 534   82 887       The above expenditure will be financed out of available cash resources, banking facilities and debt capital market funding.               30.2 Operating expense commitments                 Hyprop has entered into various service contracts for the cleaning, upkeep and general maintenance of its investment property portfolio.                 Operating expense commitments payable to service providers in future years-have been classified as follows:                 — Short-term contracts (up to one year) 1 730   1 257   12 736       — Medium-term contracts (greater than one year and up to five years) Nil   Nil   Nil       Contracts which can be terminated on one month’s notice have been included for one month only (2013: remaining months on the contract).

NOTES TO THE FINANCIAL STATEMENTS l NOTE 30