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6.
Investment in joint ventures
continued
6.2 Joint venture – Manda Hill Mauritius Limited (Manda Hill Mauritius)
continued
GROUP
June 2015
R000
GROUP
June 2014
R000
COMPANY
June 2015
R000
COMPANY
June 2014
R000
Summarised statements of financial position
Assets
Non-current assets
1 924 637
Investment property
1 896 202
Property, plant and equipment
28 435
Current assets
8 871
Cash and cash equivalents
4 385
Trade and other receivables
4 486
Total assets
1 933 508
Equity and liabilities
Capital and reserves
163 184
Shareholders’ equity
141 785
Foreign currency translation reserve
21 399
Non-current liabilities
1 749 089
Shareholder loans
1 025 379
Other payables
17 764
Borrowings
705 946
Current liabilities
21 235
Trade and other payables
21 235
Total equity and liabilities
1 933 508
Hyprop’s share of net assets in Manda Hill Mauritius
80 996
50% of net assets of Manda Hill Mauritius
70 893
Cost of A shares in Manda Hill Centre
10 103
Commitments and contingent liabilities relating to
Manda Hill Mauritius
Guarantees
Nil
111
Hyprop Investments Limited
Integrated Report 2015