NOTES TO THE FINANCIAL STATEMENTS — NOTE 30

30. Commitments
    June 2017
R000
  June 2016
R000
 
30.1 Capital commitments        
  Approved and committed 240 585   84 245  
  Approved but not yet committed 208 857   174 077  
    449 442   258 322  
  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) 2 413   3 093  
  – 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.        

NOTES TO THE FINANCIAL STATEMENTS — NOTE 30