| 2008 '000 |
2007 '000 |
||
|---|---|---|---|
| Assets | |||
| Inventory | - | 9,224 | |
| Trade and other receivables | - | 11,080 | |
| Assets included in disposal group | - | 20,304 | |
| Liabilities | |||
| Trade and other payables | - | 17,647 | |
| Liabilities included in disposal group | - | 17,647 |
A strategic review of Pigmeat operations was conducted during 2007, following which a decision was made to exit these operations. On 19 December 2007, the Group signed non-binding heads of agreement and following further negotiation, an agreement was signed on 3 March 2008 to sell the Pigmeat operations to the Management Buy Out ('MBO') team.