Interest in subsidiaries and associates

Annexure A

													Company’s interests
				Effective holding						Shares						Indebtedness
Significant subsidiaries	Country of incorporation if not SA	Note		2016 %			2015 %			2016 R’000			2015 R’000			2016 R’000			2015 R’000
Bidvest Automotive(A)
Autohaus Centurion Pty Ltd				50			50			–			–			–			–
Bidvest Car Rental (Botswana) Pty Ltd	3			100			100			–			–			–			–
Bidvest Car Rental (Namibia) Pty Ltd	11			100			100			–			–			–			–
Bidvest Car Rental Pty Ltd#				100			100			–			–			–			–
Coltish Investments Pty Ltd				100			100			–			–			–			–
Inyanga Motors Pty Ltd				90			90			–			–			–			–
Inyanga Plaza Investments Pty Ltd				90			90			–			–			–			–
Kunene Brothers Sandton Pty Ltd		ii		40			40			–			–			–			–
Kunene Motor Holdings Ltd				64			64			–			–			–			–
McCarthy Investments Pty Ltd				100			100			–			–			–			–
McCarthy Ltd				100			100			752 755			752 755			–			–
Bidvest Commercial(E, M)
Academy Brushware Pty Ltd#				100			100			–			80 665			–			–
Afcom Group Ltd				100			100			12 496			12 496			31 587			31 587
Amalgamated Appliances Pty Ltd				100			100			–			–			–			–
Berzack Brothers Pty Ltd#				100			100			–			–			–			–
Bidserv Industrial Products Pty Ltd#				100			100			–			–			–			–
Bidvest Afcom Pty Ltd#				100			100			–			–			–			–
Bidvest Buffalo Tapes Pty Ltd#				100			100			–			–			–			–
Bidvest Commercial Products Holdings Pty Ltd				100			100			2 117 391			–			–			–
Bidvest Commercial Products Pty Ltd				100			100			–			–			–			–
Bidvest Industrial Pty Ltd				100			100			–			–			59 713			–
Bidvest Industrial Supplies Zambia Ltd	18			100			75			–			–			–			–
Bidvest Materials Handling Pty Ltd#				100			100			–			–			–			–
Bloch & Levitan Pty Ltd#				100			100			–			–			–			–
Clockwork Giant Clothing Pty Ltd	13			100			100			–			–			–			–
G Fox Swaziland Pty Ltd	13			75			75			–			–			–			–
Giant Clothing Ltd	8			100			100			–			–			–			–
Home of Living Brands Group Ltd				100			100			–			–			–			–
Home of Living Brands Pty Ltd				100			100			–			–			–			–
Plumblink (SA) Pty Ltd				100			–			–			–			–			–
Ram Fasteners Pty Ltd#				100			100			–			–			(2 419)			(2 419)
Sellotape Pty Ltd				100			100			–			–			–			–
SMC Sales Logistics Pty Ltd				100			100			–			–			–			–
Tedelex Manufacturing Pty Ltd				100			100			–			–			–			–
Tedelex Properties (Atlantis) Pty Ltd				100			100			–			–			–			–
Tuning Fork Pty Ltd				100			100			–			–			34 500			69 100
Vulcan Catering Supplies Pty Ltd#				100			100			–			–			–			–
Bidvest Electrical(B)
Bellco Electrical Pty Ltd				100			100			–			–			–			–
EMS Invirotel Energy Management Pty Ltd				60			60			–			–			–			–
Solid State Power Pty Ltd				50			50			–			–			–			–
Versalec Cables Pty Ltd				100			100			83 315			83 315			–			–
Voltex Botswana Pty Ltd	3			70			70			–			–			–			–
Voltex Holdings Ltd				100			100			245 982			245 972			–			–
Voltex MVLV Solutions Pty Ltd				56			56			–			–			–			–
Voltex Pty Ltd				100			100			–			–			–			–
Bellco Electrical Pty Ltd				100			100			–			–			–			–
EMS Invirotel Energy Management Pty Ltd				60			60			–			–			–			–
Solid State Power Pty Ltd				50			50			–			–			–			–
Bidvest Financial Services(C)
Bidvest Bank Holdings Ltd				100			100			540 036			540 036			–			–
Bidvest Bank Ltd				100			100			–			–			–			–
Bidvest Insurance Brokers Pty Ltd				100			100			–			–			–			–
Bidvest Insurance Group Pty Ltd				100			100			797 431			797 431			–			–
Bidvest Insurance Ltd				100			100			–			–			–			–
Bidvest Leasing Pty Ltd				100			100			–			–			–			–
Bidvest Life Ltd				100			100			–			–			–			–
Cignet Administration Services (Pty) Ltd		i		46			46			–			–			–			–
Compendium Group Investment Holdings (Pty) Ltd				51			51			–			–			–			–
Compendium Insurance Brokers (Pty) Ltd		i		45			45			–			–			–			–
Compendium Insurance Brokers Cape Town (Pty) Ltd		i		48			48			–			–			–			–
Compendium Insurance Brokers Eastern Cape (Pty) Ltd		i		28			28			–			–			–			–
Compendium Insurance Brokers Gauteng (Pty) Ltd		i		43			43			–			–			–			–
Compendium Insurance Brokers Pietermaritzburg (Pty) Ltd				51			51			–			–			–			–
Glassock and Associates Pty Ltd				51			–			–			–			–			–
Master Currency Pty Ltd				100			100			19 149			10 909			–			–
McCarthy Retail Finance Pty Ltd				100			100			–			–			–			–
MCY Management Services Pty Ltd				100			100			716			716			–			–
Namibia Bureau de Change Pty Ltd	11			77			51			–			–			–			–
Rennies Foreign Exchange (Botswana) Pty Ltd	3			51			51			–			–			–			–
Swift Auto Brokers (Pty) Ltd		i		26			26			–			–			–			–
Taxi and Transport Brokers (Pty) Ltd		i		36			36			–			–			–			–
Viamax Fleet Solutions Pty Ltd				100			100			–			–			–			–
Viamax Pty Ltd				100			100			–			–			–			–
Bidvest Freight(D)
African Shipping Ltd				100			100			–			8 996			–			–
Bidfreight Intermodal Pty Ltd				100			100			–			–			–			–
Bidfreight Port Operations Pty Ltd				100			100			–			–			–			–
Bidvest Freight Management Services Pty Ltd				100			100			–						–
Bidvest Freight Pty Ltd				100			100			7 435 793			–			–			–
Bidvest Freight Terminals Pty Ltd				100			100			–						–
Bulk Connections Pty Ltd				100			100			–			–			–			–
Durban Coal Terminals Company Pty Ltd				100			100			–			109 755			–			–
Ensimbini Terminals Pty Ltd				50			50			–			4 541			–			–
Island View Storage Ltd				100			100			–			366 392			–			–
Island View Storage Richards Bay Pty Ltd				100			100			–			–			–			–
Mocambique Freight Services LTDA	10			100			100			–			–			–			–
Naval Servicos A Navegacao LTDA	10			100			100			–			–			–			–
P & I Associates Pty Ltd				100			100			–			–			–			–
Panargo Shipping (Pty) Ltd				100			100			–			18 000			–			–
Renfreight Pty Ltd				100			100			–			95 554			–			(108)
Rennie Murray and Company Pty Ltd				100			100			–			–			–			–
Rennies Ships Agency Mozambique Limitada	10			100			100			–						–
Rennies Ships Agency Pty Ltd				100			100			–			–			–			–
Safcor Freight Pty Ltd (t/a Bidvest Panalpina Logistics)				100			100			–			103 718			–			–
South African Bulk Terminals Ltd				100			100			–			50 253			–			–
South African Container Depots Pty Ltd				100			100			–			–			–			–
South African Container Stevedores Pty Ltd				82			82			–			1			–			–
Bidvest Office and Print(F, G)
Bid Enterprise Development Pty Ltd				100			100			–			–			–			–
Bidoffice Furniture Manufacturing Pty Ltd				100			100			–			–			–			–
Bidoffice Pty Ltd				100			100			–			–			–			–
Bidpaper Plus Holdings Ltd				100			100			135 874			135 874			–			–
Bidvest Medical Pty Ltd				100			100			–			–			–			–
Bidvest Paperplus Pty Ltd				100			100			–			–			–			–
Blesston Printing and Associates Pty Ltd				100			100			–			–			–			–
BMS Pty Ltd	3			60			60			–			–			–			–
Cecil Nurse Pty Ltd				100			100			–			–			–			–
Dauphin Office Seating S.A. Pty Ltd				71			71			1 329			1 329			–			–
Ditulo Office Pty Ltd		ii		49			49			656			656			–			–
Email Connection Pty Ltd				100			100			1 708			1 708			–			–
Expressed Solutions Pty Ltd				100			100			–			–			–			–
Hortors Stationery Pty Ltd				100			100			–			–			–			–
Kolok Mozambique Ltda	10			70			70			–			–			–			–
Kolok Pty Ltd				100			100			–			–			–			–
Lithotech Afric Mail Cape Pty Ltd				100			100			–			–			–			–
Lithotech Afric Mail JHB Pty Ltd				100			100			–			–			–			–
Lithotech Corporate Pty Ltd				100			100			–			–			–			–
Lithotech Group Services Pty Ltd				100			100			–			–			–			–
Lithotech International Ltd	17			100			100			–			–			–			–
Lithotech Labels Pty Ltd				100			100			–			–			–			–
Lithotech Manufacturing Pinetown Pty Ltd				100			100			–			–			–			–
Lithotech Sales Cape Pty Ltd				100			100			–			–			–			–
Lithotech Sales Johannesburg Pty Ltd				100			100			–			–			–			–
Lithotech Sales Port Elizabeth Pty Ltd				100			100			–			–			–			–
Lithotech Sales Pretoria Pty Ltd				100			100			–			–			–			–
Lufil Packaging Pty Ltd				100			100			59 244			59 244			(73 462)			(73 462)
MacThyme Investments Pty Ltd				100			100			81 000			81 000			–			–
Minolco Pty Ltd				100			100			–			–			–			–
Mocobe Properties Pty Ltd				100			100			–			–			–			–
nVision IT Pty Ltd				–			–			–			–			–			–
nVision Mauritius Pty Ltd	9			–			–			–			–			–			–
nVision IT Australia Pty Ltd	2			–			–			–			–			–			–
Office Technique Pty Ltd	3			60			60			–			–			–			–
Ozalid South Africa Pty Ltd				100			100			–			–			–			–
Paragon Business Communications Ltd				100			100			58 809			58 809			–			–
Rangecom Pty Ltd	3			60			60			–			–			–			–
Rotolabel (Tvl) Pty Ltd				100			100			–			–			–			–
Seating Pty Ltd				100			100			–			–			–			–
Silveray Manufacturers Pty Ltd				100			100			–			–			–			–
Silveray Statmark Company Pty Ltd				100			100			9 844			9 844			(9 844)			(9 844)
South African Diaries Pty Ltd				100			100			–			–			–			–
Waltons Pty Ltd				100			100			31			31			(31)			(31)
Zonke Gaming Systems Pty Ltd				100			100			–			–			–			–
Zonke Monitoring Systems Pty Ltd				78			78			–			–			–			–
Bidvest Services(H, I, J)
Al Jaber Coin LLC	16	ii		49			49			–			–			–			–
B M O Food Services Pty Ltd				100			100			–			–			–			–
Bidair Hospitality Pty Ltd#				100			100			–			–			–			–
Bidair Services Pty Ltd				100			100			–			–			(11 734)			(11 734)
Bidtrack Pty Ltd				100			100			–			–			–			–
Bidtravel Pty Ltd				100			100			–			–			–			–
Bidvest (Zambia) Pty Ltd	18			100			100			3 661			–			–			–
Bidvest Cleaning Pty Ltd				100			100			–			–			–			–
Bidvest Facilities Management Pty Ltd				100			100			–			–			–			–
Bidvest Magnum Mining Security Pty Ltd				100			100			–			6 647			–			–
Bidvest Magnum Pty Ltd				100			100			–			–			–			–
Bidvest Media Pty Ltd				50			50			–			9 636			–			–
Bidvest Prestige Cleaning Pty Ltd	11			100			100			–			–			–			–
Bidvest Protea Coin Assets In Transit And Armed Reaction Pty Ltd				100			100			–			–			–			–
Bidvest Protea Coin Cargo Protection Pty Ltd				100			100			–			–			–			–
Bidvest Protea Coin Fencing Pty Ltd				100			100			–			–			–			–
Bidvest Protea Coin Pty Ltd				100			100			–			–			–			–
Bidvest Protea Coin Security International Pty Ltd				100			100			–			–			–			–
Bidvest Protea Coin Technical And Physical Security Pty Ltd				100			100			–			–			–			–
Bidvest Services Holdings Ltd				100			100			–			–			–			–
Bidvest Services Pty Ltd				100			100			–			–			–			–
Bidvest Steripic and Promosachets Pty Ltd				100			100			–						–
Bidvest Travel Holdings Pty Ltd				100			100			–			–			(5 000)			–
Bosnandi Laundry Pty Ltd				51			51			–			–			–			–
Brookfield Investments 315 Pty Ltd				100			100			–			–			–			–
Bushbreaks & More Pty Ltd				100			100			20 409			20 409			–			–
Cameos Solution Pty Ltd				100			100			–			–			–			–
Coin Aviation Security Pty Ltd				100			100			–			–			–			–
Commuter Handling Services Pty Ltd				60			60			8 063			6 057			–			–
Concorde Travel Pty Ltd t/a Carlson Wagonlit Travel				90			90			47 045			47 045			–			–
Connex Travel Pty Ltd t/a BCD Travel				61			61			27 984			27 984			6 738			6 738
Cudha SARL	10			60			60			–			–			–			–
Dinatla Property Services Pty Ltd				100			100			3 120			3 120			–			–
Dinosi Cleaning Services Pty Ltd				55			55			–			–			–			–
EAS Kenya Ltd	6			99			99			–			–			–			–
EAS Tanzania Ltd	14			100			100			–			–			–			–
EAS Uganda Ltd	15			100			100			–			–			–			–
EAS Zambia Ltd	18			60			60			1 231			–			–			–
EAS Zimbabwe Pvt Ltd	19			100			100			2 921			–			–			–
Execuflora Pty Ltd				100			100			–			–			–			–
Experience Delivery Company Pty Ltd		i		48			48			–			–			–			–
Express Air Services (Namibia) Pty Ltd	11			90			90			–			–			–			–
Express Air Services Pty Ltd#				100			100			–			–			–			–
First Garment Rental Pty Ltd				100			52			–			–			–			–
Global Payment Technologies Pty Ltd				100			100			44 301			44 301			(71 734)			(71 734)
Harvey World Travel Southern Africa Pty Ltd				50			50			9 912			3 464			–			–
Hotel Amenities Suppliers Pty Ltd				100			100			–			–			–			–
Ikhayelihle Royalserve Cleaning Services Pty Ltd				100			49			–			–			–			–
Industro-Clean Botswana Pty Ltd	3			75			75			–			–			–			–
Ithabeleng Food Services Pty Ltd				100			100			–			–			–			–
King Pie Holdings Pty Ltd				100			100			–			–			–			–
LTP Mast And Infrastructure Services Pty Ltd				100			100			–			–			–			–
Macardo Lodge Pty Ltd t/a Travelwise	3			51			51			–			–			–			–
Masterguard Fabric Protection Africa Pty Ltd				100			100			2 597			2 597			–			–
Mediguard WIC Cleaning Services (Lesotho) Pty Ltd	7			51			51			–			–			–			–
MSCSports Sponsorships Pty Ltd				50			50			–			–			–			–
MyMarketdot Com Pty Ltd				100			100			–			–			–			–
Nelimax Pty Ltd				55			55			–			–			–			–
Nomtsalane Property Services Pty Ltd				86			86			–			–			–			–
Protea Aviation Pty Ltd				100			100			–			–			–			–
Protea Coin Ghana Ltd	4			50			50			–			–			–			–
Protea Security Services (Reaction Unit) Pty Ltd				100			100			–			–			–			–
Protea Security Services (West Rand) Pty Ltd				100			100			–			–			–			–
Public Facilities Management Company Pty Ltd				93			93			–			–			–			–
Pureau Fresh Water Company Pty Ltd				82			82			24 570			24 570			–			–
QMS Consulting Pty Ltd				100			100			–			–			–			–
Rebserve Facilities Management Pty Ltd				80			80			–			–			–			–
Rennies Travel Pty Ltd t/a HRG Rennies Travel				100			100			–			–			–			–
RMI SA Pty Ltd				100			100			7 266			8 388			–			–
Rockvest Distributors Pvt Ltd	19			51			51			–			–			–			–
Royal Food Correctional Services Pty Ltd				100			100			–			–			–			–
Royal Mozambique Ltda	10			60			60			–			–			–			–
Royalmnandi Duduza Pty Ltd				60			60			–			–			–			–
Royalmnandi Food Services Pty Ltd				100			100			–			–			–			–
Royalmnandi Pty Ltd				100			100			–			–			–			–
SA Water Cycle Group Pty Ltd				100			100			–			–			–			–
Silk By Design Pty Ltd				100			100			–			–			–			–
Smart Solution Holdings Pty Ltd				100			100			–			–			–			–
Steiner Hygiene Pty Ltd				100			100			–			–			–			–
Steiner Hygiene Swaziland Pty Ltd	13			100			100			–			–			–			–
Taemane Cleaning Services Pty Ltd				100			100			–			–			–			–
Test Monetary Systems Pty Ltd				100			100			–			–			–
TFMC FM Services Pty Ltd				100			100			–			–			–			–
TFMC Holdings Pty Ltd				100			100			–			–			–			–
TFMC Investments Pty Ltd				100			100			–			–			–			–
TFMC Maintenance Services Pty Ltd				70			70			–						–
TMS Group Industrial Services Pty Ltd				100			100			–			–			–			–
TMS Group Pty Ltd				100			100			–			–			–			–
Top Turf Botswana Pty Ltd	3			100			100			–			–			–			–
Top Turf Group Pty Ltd				100			100			4			4			(4)			(4)
Top Turf Lesotho Pty Ltd	7			100			100			–			–			–			–
Top Turf Mauritius Pty Ltd	9			100			100			–			–			–			–
Top Turf Seychelles Pty Ltd	12			100			100			–			–			–			–
Top Turf Swaziland Pty Ltd	13			100			100			–			–			–			–
Travel Connections Pty Ltd				100			60			20 500			9 000			–			–
Umoja Property Solutions Pty Ltd				51			51			–			–			–			–
Velocity Road Rehabilitation Holdings Pty Ltd				100			52			–			–			–			–
Webjet Pty Ltd				100			100			–			–			–			–
World Travel Pty Ltd				100			100			3 350			3 350			(3 350)			(3 350)
Bidvest Namibia(B, D, F, J, K, L)										–			–			–			–
Atlantic Harvesters of Namibia Pty Ltd	11			36			52			–			–			–			–
Bidvest Namibia Automotive Pty Ltd	11			52			–			–			–			–			–
Bidvest Namibia Commercial and Industrial Services Pty Ltd	11			52			–			–			–			–			–
Bidvest Namibia Commercial Holdings Pty Ltd	11			52			52			–			–			–			–
Bidvest Namibia Fisheries Holdings Pty Ltd	11			52			52			–			–			–			–
Bidvest Namibia Information Technology Pty Ltd	11			52			52			–			–			–			–
Bidvest Namibia Ltd	11			52			52			249 253			249 253			(1)			(1)
Bidvest Namibia Management Services Pty Ltd	11			52			52			–			–			–			–
Bidvest Namibia Plumblink Pty Ltd	11			52			–			–			–			–			–
Bidvest Namibia Property Holdings Pty Ltd	11			52			52			–			–			–			–
Carheim Investments Pty Ltd	11			52			–			–			–			–			–
Caterplus Namibia Pty Ltd	11			52			52			–			–			–			–
Cecil Nurse Namibia Pty Ltd	11			52			52			–			–			–			–
Comet Investments Capital Incorporated	1	i		36			36			–			–			–			–
Diroyal Motor (SWA) Pty Ltd	11			52			–			–			–			–			–
Elzet Development Pty Ltd	11			52			52			–			–			–			–
Frigocentre Limitada	1	i		18			18			–			–			–			–
Kolok (Namibia) Pty Ltd	11			52			52			–			–			–			–
Lenkow Pty Ltd	11			52			–			–			–			–			–
Lubrication Specialists Pty Ltd	11			52			52			–			–			–			–
Luderitz Bay Shipping & Forwarding Pty Ltd	11			52			52			–			–			–			–
Manica Group Namibia Pty Ltd	11			52			52			–			–			–			–
Matador Enterprises Pty Ltd	11			52			52			–			–			–			–
Minolco (Namibia) Pty Ltd	11			52			52			–			–			–			–
Monjasa Namibia Pty Ltd	11	i		30			30			–			–			–			–
Mukorob Pelagic Processors Pty Ltd	11	i		36			36			–			–			–			–
Namfish Pelagic Industries Pty Ltd	11	i		36			36			–			–			–			–
Namibian Sea Products Ltd	11	i		36			36			–			–			–			–
Namsov Fishing Enterprises (Pty) Ltd	11	i		36			36			–			–			–			–
Namsov Industrial Properties (Pty) Ltd	11	i		36			36			–			–			–			–
Ocean Fresh Pty Ltd	11	i		36			36			–			–			–			–
Orca Marine Service (Pty) Ltd	11	i		31			31			–			–			–			–
Pesca Fresca Ltd	1			18			18			–			–			–			–
Rennies Travel (Namibia) Pty Ltd	11			52			52			–			–			–			–
Sarusas Development Corporation Pty Ltd	11	i		36			36			–			–			–			–
Shelfco Investments One Five Three Pty Ltd	11			52			–			–			–			–			–
Bidvest Namibia(B, D, F, J, K, L)										–			–			–			–
Starting Right Investments Two Zero Five Pty Ltd	11	i		36			36			–			–			–			–
T&C Properties Namibia Pty Ltd	11			52			52			–			–			–			–
T&C Trading Pty Ltd	11			52			52			–			–			–			–
Taeuber & Corssen SWA Pty Ltd	11			52			52			–			–			–			–
Tetelestai Mariculture Pty Ltd	11	i		36			36			–			–			–			–
Trachurus Fishing Pty Ltd	11	i		36			22			–			–			–			–
Twafika Fishing Enterprises Pty Ltd	11			27			27			–			–			–			–
United Fishing Enterprises Pty Ltd	11	i		36			36			–			–			–			–
Voltex Namibia Pty Ltd	11			52			52			–			–			–			–
Waltons Namibia Pty Ltd	11			52			52			–			–			–			–
Walvis Bay Airport Services Pty Ltd	11			52			52			–			–			–			–
Walvis Bay Stevedoring Company Pty Ltd	11	i		29			29			–			–			–			–
Woker Freight Services Pty Ltd	11			52			52			–			–			–			–
Bidvest Corporate(L)
Airport Logistics Property Holdings Pty Ltd				50			50			142			142			–			–
BB Investment Company Pty Ltd#				100			100			–			–			–			–
Bid Services Division (IOM) Ltd	5			100			100			–			–			–			–
Bid Services Division (UK) Ltd	17			100			100			–			–			–			–
Bid Services Division Mauritius Ltd	9			100			100			–			–			–			–
Bid Services Division Pty Ltd				100			100			–			–			(25 414)			(205)
Bidcorp Outsourced Services Ltd	17			100			100			–			–			–			–
Bidcorp Property Ltd	17			100			100			–			–			–			–
Bidvest Corporate Services Pty Ltd#				100			100			–			–			52			52
Bidvest Freight UK Limited	17			100			100			–			–						–
Bidvest Industrial Holdings Pty Ltd				100			100			2 759 837			11			1 796			2 839 161
Bidvest Procurement Pty Ltd#				100			100			–			–			–			–
Bidvest Properties Pty Ltd				100			100			125 662			–			12 107			6 820
Bidvest Treasury Services Pty Ltd				100			100			–			–						–
Bidvest Wits University Football Club Pty Ltd				60			60			–			–						–
Bidvestco Ltd				100			100			44 068			44 068			(44 068)			(44 068)
Brentwood Technical Services Ltd	17			100			100			–			–						–
DH Mansfield Group Ltd	17			80			80			–			–			–			–
DH Mansfield Ltd	17			80			80			–			–			–			–
Gerlan Properties Pty Ltd				50			50			5 700			5 700						–
Mercland Pty Ltd				50			50			–			–			–			–
Ontime Automotive Ltd	17			100			100			–			–			–			–
Ontime Global Automotive Transport Services Ltd	17			100			100			–			–			–			–
Rennies Property Holdings Pty Ltd				100			100			54 000			54 000			–			–
Road One Ltd	17			80			80			–			–			–			–
Silveray Properties Pty Ltd				100			100			8 833			8 833			–			–
Skillion Ltd	17			100			100			–			–			–			–
Other										164 842			274 427			(181 292)			592 197
Significant associates										15 992 830			4 483 006			(281 860)			3 328 694
“K” Line Shipping (South Africa) Pty Ltd(D)				49			49			–			–			–			–
Adcock Ingram Holdings Ltd(N)				38			43			–			–			–			–
Amalgamated Automobile Distributors Pty Ltd(A)				50			50			10 000			10 000			–			–
Comair Ltd(J)				27			26			–			–			–			–
Compendium Insurance Brokers Zululand (Pty) Ltd(C)		iii		17			17			–			–			–			–
Cullinan Holdings Ltd (September 30 year-end)(J)				20			20			–			–			–			–
Imperial McCarthy Pty Ltd(A)				50			50			–			–			–			–
Sebenza Forwarding & Shipping Pty Ltd (March 31 year-end)(D)				45			45			5 011			5 011			–			–
Watersure Pty Ltd(C)		iii		13			13			–			–			–			–
Other										540			477			1 056			1 056
										15 551			15 488			1 056			1 056

Amounts owing by or to subsidiaries and associates are unsecured, interest free and have no fixed terms of repayment.

#	trading as an agent

Country of incorporation if not South Africa
1	Angola
2	Australia
3	Botswana
4	Ghana
5	Isle of Man
6	Kenya
7	Lesotho
8	Malawi
9	Mauritius
10	Mozambique
11	Namibia
12	Seychelles
13	Swaziland
14	Tanzania
15	Uganda
16	United Arab Emirates
17	United Kingdom
18	Zambia
19	Zimbabwe

Nature of business
(A)	Motor vehicle retailing and related services
(B)	Manufacturer and distributor of electrical products and services
(C)	Banking products and services, foreign exchange and insurance
(D)	Freight, forwarding, clearing, distribution, warehousing and allied activities
(E)	Distributor of forklifts, power and marine products, music and sound equipment, packaging closures and catering equipment
(F)	Distributor of office stationery; furniture and office automation products and related services
(G)	Manufacturer, supplier and distributor of commercial office products, printer products, services, stationery and packaging products
(H)	Rental hygiene equipment, garments and water coolers; suppliers of consumables, specialised clothing and laundry services
(I)	Cleaning, hygiene, security, and interior and exterior landscaping services
(J)	Travel management services, aviation services and car rental
(K)	Catering supplies, food and allied products
(L)	Group services, investment and property holding
(M)	Distributor of electrical appliances
(N)	Manufacturer, marketer and distributor of healthcare products

Notes
i	The investment in this subsidiary is held indirectly. Control is obtained through the shareholding in the respective subsidiary’s holding company.
ii	The Group has power over this ubsidiary as it has the ability to direct the relevant activities of the subsidiary unilaterally.
ii	The investment in this associate is held indirectly. Significant interest is obtained through the shareholding in the respective associate’s holding company.