Page 68 - annualreport2020

AFRICAN DAWN ANNUAL REPORT 2020

Notes to the Financial Statements continued
Annual Financial Statements For the year ended 29 February 2020

19. Other operating expenses include:

Operating lease charges
Group Group Company Company
2020 2019 2020 2019
R’000 R’000 R’000 R’000
Lease payments short term 1,182 1,826 - -
Low value lease items 286 351 - -
Legal fees 35 244 - -
Amortisation of intangible assets (refer to note 4) 114 165 - -

20. Investment income
Interest revenue

Group Group Company Company
2020 2019 2020 2019
R’000 R’000 R’000 R’000
Cash and equivalents 4 4 - 1

21. Finance costs including interest on income tax

Group Group Company Company
2020 2019 2020 2019
R’000 R’000 R’000 R’000
Directors loans 48 517 48 517
SARS - 63 - 63
Interest leases 225 - - -
Peregrine Financial Services Holdings Limited
borrowing 293 358 - -
Other borrowings 635 567 78 -
1,201 1,505 126 580

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