NOTES TO THE FINANCIAL STATEMENTS l NOTE 34 |
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34. |
Related parties and related-party transactions |
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Related parties with whom the group transacted during the period were: |
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GROUP
June 2014
R000 |
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GROUP
June 2013
R000 |
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COMPANY
June 2014
R000 |
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COMPANY
June 2013
R000 |
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Mantrablox (Proprietary) Limited |
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Loan receivable |
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117 600 |
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Interest received |
4 540 |
|
4 957 |
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4 540 |
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4 957 |
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Relationship: directorial and associate |
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Atterbury Africa Limited |
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Co-investor with Hyprop |
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Loan receivable |
812 459 |
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336 909 |
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Interest received |
45 460 |
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7 560 |
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Relationship: directorial and joint venture |
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Ellerine Bros (Proprietary) Limited |
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Rental income received — Stuttafords Branches |
22 775 |
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12 700 |
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22 775 |
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12 700 |
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Relationship: directorial and co-owner of The Glen and Canal Walk |
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Attacq Limited |
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Sale of Mantrablox |
139 000 |
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139 000 |
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Loan receivable |
341 |
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341 |
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Interest received |
5 167 |
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5 167 |
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Dividend paid by African Land Investments Limited |
4 344 |
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Relationship: directorial and shareholder of African Land Investments Limited |
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Hyprop Investments Employee Incentive Scheme (Proprietary) Limited |
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Dividend received |
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365 |
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Relationship: subsidiary |
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African Land Investments Limited |
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Dividend received |
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30 308 |
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Dividend received (pre-acquisition) |
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10 137 |
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Relationship: subsidiary |
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Hyprop Investments (Mauritius) Limited |
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Loan receivable |
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|
188 |
|
188 |
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Dividend received |
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|
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|
4 770 |
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1 434 |
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Relationship: subsidiary |
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Word4Word Marketing (Proprietary) Limited |
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Dividend received |
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1 500 |
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700 |
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Marketing retainers and other fees paid |
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12 738 |
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4 285 |
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Relationship: subsidiary |
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All related-party transactions were made on terms equivalent to those that prevail in similar arm’s-length transactions. |
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NOTES TO THE FINANCIAL STATEMENTS l NOTE 34 |
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