Other Payables

6 Months Ended

Dec. 31, 2019

11. Other payables

Summarized below is the breakdown of other payables as of December 31, 2019 and June 30, 2019:

	December 31,			June 30,
		2019		2019
Accrual of implementation costs to be refunded to SASSA	$	35 270	$	34 039
Accruals		15 376		10 620
Provisions		4 390		6 074
Other		8 801		10 814
Value-added tax payable		3 624		3 234
Payroll-related payables		1 131		1 113
Participating merchants settlement obligation		542		555
	$	69 134	$	66 449

Refer to Note 13 to the Company’s audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2019, for additional information regarding Accrual of implementation costs to be refunded to SASSA. As of December 31, 2019, this accrual of $35.3 million (ZAR 495.5 million, translated at exchange rates applicable as of December 31, 2019, comprised a revenue refund of $19.8 million (ZAR 277.6 million), accrued interest of $12.6 million (ZAR 177.6 million), unclaimed indirect taxes of $2.8 million (ZAR 38.9 million) and estimated costs of $0.1 million (ZAR 1.4 million)). As of June 30, 2019, this accrual of $34.0 million (ZAR 479.4 million, translated at exchange rates applicable as of June 30, 2019, comprised a revenue refund of $19.7 million (ZAR 277.6 million), accrued interest of $11.4 million (ZAR 161.0 million), unclaimed indirect taxes of $2.8 million (ZAR 39.4 million) and estimated costs of $0.1 million (ZAR 1.4 million)).

Other includes transactions-switching funds payable, deferred income, client deposits and other payables.