Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 212

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 19
Chunk 212
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 expire in terms of local
tax legislation.

F-31

Unrecognized deferred tax liabilities

No deferred tax liability is recognized on temporary differences
of ZAR1,676.8million (2024: ZAR1,131.1million) relating to the unremitted earnings of overseas subsidiaries as the Group is able to
control the timings of the reversal of these temporary differences and it is probable that they will not reverse in the foreseeable future.

10.
INVENTORIES

                                 As of February 28/29                        
  Figures in Rand thousands                      2025                        
 ─────────────────────────────────────────────────────────────────────────────
  Vehicles                                                 -          2,083  
  Other consumables                                        3,830      4,499  
  Total inventories                                        3,830      6,582  

Inventories recognized as an expense in cost of revenue
is ZAR2.1million (2024: ZAR267.3million, 2023: ZAR218.8million).

11.
TRADE AND OTHER RECEIVABLES AND PREPAYMENTS

                                                         As of February 28/29                 
  Figures in Rand thousands                                              2025                 
 ──────────────────────────────────────────────────────────────────────────────────────────────
  Trade amounts due from related parties                                  369              -  
  Trade receivables                                                   672,370        554,107  
  Expected credit loss provision                                    ( 210,906      ( 165,240  
                                                                      461,833        388,867  
  Other receivables                                                                           
  Non-trade amounts due from related parties                              173              -  
  Deposits                                                             24,631        500,646  
  Sundry debtors                                                       38,661         24,656  
  Finance lease receivables                                            12,888         17,326  
                                                                      538,186        931,495  
  Prepayments                                                          63,726         55,778  
  Other taxes                                                           7,178         16,956  
  Total trade and other receivables and prepayments                   609,090      1,004,229  
  Non-current                                                          11,629         18,831  
  Current                                                             597,461        985,398  
                                                                      609,090      1,004,229  

During the year ended February 28,
2024, the Group had short term bank deposits included in total deposits