NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS l NOTE 14 |
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2014
Rm |
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2013
Rm |
14. |
Contingent liabilities |
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The company has contingent liabilities in respect of guarantees issued to bankers and others, on behalf of subsidiaries, for facilities in the normal course of business to the extent that they are used. The year-end utilisation of facilities was: |
5 718 |
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4 364 |
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The company has contingent liabilities in respect of guarantees issued to bankers and others, on behalf of associates, for facilities in the normal course of business to the extent that they are used. The year-end utilisation of facilities was: |
84 |
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71 |
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As part of the NAC sale in 2013 Imperial Holdings have issued a guarantee to secure vendor funding for five years for: |
80 |
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80 |
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The company has guaranteed the obligations to the investors in the commercial paper and corporate bond issues. |
6 441 |
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5 025 |
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