13. Proceeds on disposal of interest in subsidiaries and associates, and disposal and closure of businesses
 
  2018 
R’000 
    2017 
R’000 
 
Property, plant and equipment  213 049        9 191    
Intangibles  86        94    
Goodwill  44 868        3 212    
Deferred taxation  (97 789)       (14 437)   
Interest in associates  17 645        288 441    
Investments and advances  2 745        6 087    
Inventories  75 957        56 976    
Trade and other receivables  281 449        16 552    
Cash and cash equivalents  331 412        (3 176)   
Borrowings  (18 421)       (108)   
Trade and other payables and provisions  (379 346)       11 494    
Taxation  (3 151)       649    
Carrying value of net tangible assets  468 504        374 975    
Non-controlling interest  (120 840)       760    
Realisation of foreign currency translation reserves  (673)       (916)   
Realisation of share-based payments reserves  (1 022)       –    
Net profit (loss) on disposal of interest in subsidiaries and associates, and disposal and  closure of businesses  (148 247)       (132 946)   
Less cash and cash equivalents disposed of  (331 412)       3 176    
Less other receivables arising on disposal of subsidiaries and associates (see note 23) (190 741)       (203 110)   
Net cash impact  (324 431)       41 939    

Effective 30 June 2018 the Group disposed of its entire interest in Bidvest Namibia Fisheries Holdings Pty Limited (Bidfish) to Tunacor Fisheries Limited. Bidfish was a 100% held subsidiary of Bidvest Namibia Limited (Bidvest Namibia). Bidvest Namibia disposed of the Bidfish shares to Tunacor for a cash consideration equal to the net asset value of Bidfish as at 30 June 2018.

 
  Bidfish
R’000
    Other smaller
disposals
R’000
    Total
R’000
 
Identifiable assets and liabilities disposed                
Property, plant and equipment  (193 288)       (19 761)       (213 049)   
Deferred taxation  62 116        35 673        97 789    
Interest in associates  (16 965)       (680)       (17 645)   
Investments and advances  (2 561)       (184)       (2 745)   
Inventories  (66 510)       (9 447)       (75 957)   
Trade and other receivables  (125 081)       (156 368)       (281 449)   
Cash and cash equivalents  (317 700)       (13 712)       (331 412)   
Borrowings  –        18 421        18 421    
Trade and other payables and provisions  378 778        568        379 346    
Taxation  3 096        55        3 151    
Intangible assets  –        (86)       (86)   
Total net identifiable liabilities  (278 115)       (145 521)       (423 636)