2020 Integrated Annual Report

and Consolidated & Separate
Financial Statements


  African Land African Land Investments Limited
  ARC Audit and Risk committee
  AttAfrica AttAfrica Limited
  AttAfrica SA AttAfrica SA Proprietary Limited
  CFC Controlled foreign company as defined in the South African Income Tax Act No. 58 of 1962
  Covid-19 A novel strain of coronavirus that became a global pandemic in early 2020
  CUP The Group long-term employee incentive scheme / The conditional share plan
  ECL Expected credit loss/(es)
  EE Eastern Europe
  FVLCTS Fair value less cost to sell
  FVTPL Fair value through profit or loss
  Gruppo Gruppo Investment Nigeria Limited (owner of Ikeja City Mall)
  Hyprop Foundation Hyprop Foundation NPC
  Hyprop Ikeja Hyprop Ikeja Mall Limited
  Hyprop Mauritius Hyprop Investments (Mauritius) Limited
  Hyprop Share Scheme Hyprop Investments Employee Incentive Scheme Proprietary Limited
  Hystead Hystead Limited (a UK registered company)
  Hystead Group Hystead Limited and its subsidiaries
  IFRS International Financial Reporting Standards
  Ikeja or Ikeja City Mall Ikeja City Mall, a property owned by Gruppo Investment Nigeria Limited
  JIBAR The Johannesburg Interbank Average Rate, the money market rate that is used in South Africa as reference for setting the interest rate on loans
  LIBOR The basic rate of interest used in lending between banks on the London interbank market and also used asa reference for setting the interest rate on other  loans
  Manda Hill Mauritius Manda Hill Mauritius Limited
  OCI Other comprehensive income
  PDI PDI Investment Holdings Limited, the co-investor in Hystead
  SA South Africa
  SAICA South African Institute of Chartered Accountants
  SCE Statements of changes in equity
  SCF Statements of cash flows
  SFP Statements of financial position
  SOCI Statements of profit or loss and other comprehensive income
  SSA Sub-Saharan Africa (other than SA)
  WALE Weighted average lease expiry period in years