Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 223

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 19
Chunk 223
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201,762       12,844  
  1 month since invoicing date       14       64,098        8,988  
  2 months since invoicing date      22       39,487        8,627  
  3 months since invoicing date      54      248,760      134,781  
  Total                              30      554,107      165,240  

F-46

Cash and cash equivalents

The Group held cash and cash equivalents
of ZAR643.3million as at February 28, 2025 (2024: ZAR459.5million) and short term deposits amounting to ZAR399.5million as at February
28, 2025 (2024: ZAR485.7million). The amounts are held with major banks and financial institutions which are rated and regulated in
each country. Management believes that these financial institutions are of high credit quality and continually monitors the credit worthiness
of these financial institutions. None of the bank’s holding deposits show financial strain. Impairment on cash and cash equivalents
at bank and short term deposits has been measured on a 12-month expected loss and reflect the short maturity of the exposures. The Group
considers that its cash and cash equivalents at bank and short term deposits have low credit risk and the amount of the allowance to be
insignificant.

29.2 (b) Liquidity risk

The Group manages liquidity risk through
an ongoing review of future commitments and ensures that there is adequate funding available in terms of cash reserves and committed funding
facilities.

Cash flow forecasts are prepared and
available borrowing facilities are monitored on an ongoing basis.

Exposure to liquidity risk

The table below analyzes the Group’s
financial liabilities into relevant maturity groupings based on the remaining period at the statement of financial position to the contractual
maturity date. The amounts disclosed in the table are the contractual undiscounted cash flows and includes contractual interest payments.

  Figures in Rand thousands                                                                            
  At February 28, 2025                                                                                 
 ───────────────────────────────────────────────────────────────────────────────────────────────────────
  Term loans                     306,556      6,355       6,355       6,289       16,414      341,969  
  Lease obligations               84,398      69,922      46,061      16,821      788         217,990