| |
|
GROUP
June 2016
R000 |
|
GROUP
June 2015
R000 |
|
| 30.1 |
Capital commitments |
|
|
|
|
| |
Approved and committed |
84 245 |
|
135 442 |
|
| |
Approved but not yet committed |
174 077 |
|
145 493 |
|
| |
|
258 322 |
|
280 935 |
|
| |
Capital commitments approved and committed comprise the following: |
|
|
|
|
| |
Development costs |
84 245 |
|
135 442 |
|
| |
— Atterbury Value Mart |
27 588 |
|
317 |
|
| |
— Somerset Mall |
25 242 |
|
36 627 |
|
| |
— Woodlands Boulevard |
11 164 |
|
7 530 |
|
| |
— Canal Walk |
9 855 |
|
7 288 |
|
| |
— Clearwater Mall |
4 942 |
|
37 270 |
|
| |
— CapeGate |
1 646 |
|
251 |
|
| |
— Lakefield Office Park |
1 037 |
|
|
|
| |
— The Glen |
915 |
|
1 716 |
|
| |
— Willowbridge |
706 |
|
101 |
|
| |
— Somerset Value Mart |
650 |
|
23 |
|
| |
— Rosebank Mall |
500 |
|
16 257 |
|
| |
— Hyde Park Corner |
|
|
28 062 |
|
| |
The above capital 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) |
3 093 |
|
1 534 |
|
| |
— Medium-term contracts (greater than one year and up to five years) |
Nil |
|
Nil |
|
| |
|
|
|
|
|
| |
Contracts which can be terminated on one month’s notice have been included for one month only. |
|
|
|
|