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* As permitted under the transitional provision in IFRS 15, the transaction price allocated to unsatisfied
performance obligations as of 31 March 2018 is not disclosed. |
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Management expects that 35% of the transaction price allocated to the unsatisfied contracts
as of 31 March 2019 will be recognised as revenue during the next reporting period (R123m)
and 31% (R109m) will be recognised as revenue in the FY2021 reporting period. The
remaining 34% (R118m) will be recognised as revenue in FY2022 and thereafter. The
amount disclosed above does not include variable consideration which is constrained. |
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All other technology contracts are for periods of one year or less or are billed based on time
incurred. |