| |
|
|
|
2013
R’000 |
|
2012
R’000 |
|
| 21. |
Related party transactions |
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Related party relationships |
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For details of subsidiaries and joint ventures, refer
to note 34 in the Group notes. |
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For details of the Company’s directors, refer to the
directors’ report. |
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ZOK Cellular Proprietary Limited, Black Ginger 59
Proprietary Limited, Unihold Group Limited, Ellerine
Bros. Proprietary Limited, Stylco Proprietary
Limited and Moneyline 311 Proprietary Limited are
related parties due to directors’ shareholdings and
the companies having common directorships. |
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For details of the shareholdings in the Company,
refer to the directors’ report. |
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Directors’ emoluments (refer to note 31 of the
Group annual financial statements and
remuneration report). |
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The following transactions were carried out with
related parties: |
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Purchases from related parties |
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Black Ginger 59 Proprietary Limited |
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— |
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1 946 |
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| |
Brett Levy |
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— |
|
525 |
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| |
BSC Technologies Proprietary Limited |
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|
7 |
|
— |
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Demtrade 11 Proprietary Limited |
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— |
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(4) |
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Stylco Proprietary Limited |
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18 |
|
40 |
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The Prepaid Company Proprietary Limited |
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3 |
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5 |
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Wildekrans Wine Estate Proprietary Limited |
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13 |
|
3 |
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Cost recoveries from related parties |
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Cellfind SA Proprietary Limited |
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— |
|
6 |
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Interest received from related parties |
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Africa Prepaid Services Proprietary Limited |
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2 445 |
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1 009 |
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Datacel Direct Proprietary Limited |
|
|
— |
|
957 |
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SharedPhone International Proprietary Limited |
|
|
— |
|
148 |
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| |
The Post Paid Company Proprietary Limited |
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|
— |
|
48 |
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| |
Blue Label Mexico S.A. de C.V. |
|
|
576 |
|
431 |
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| |
Management fees received from related parties |
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Activi Deployment Services Proprietary Limited |
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|
88 |
|
80 |
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| |
Blue Label Distribution Proprietary Limited |
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|
3 039 |
|
3 063 |
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| |
Blue Label Mexico S.A. de C.V. |
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|
520 |
|
458 |
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| |
Blue Label One Proprietary Limited |
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|
1 320 |
|
1 200 |
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| |
Cellfind SA Proprietary Limited |
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|
3 162 |
|
2 875 |
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| |
Cigicell Proprietary Limited |
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|
2 723 |
|
2 476 |
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| |
Datacel Direct Proprietary Limited |
|
|
439 |
|
399 |
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| |
SharedPhone International Proprietary Limited |
|
|
— |
|
532 |
|
| |
The Prepaid Company Proprietary Limited |
|
|
96 000 |
|
93 600 |
|
| |
Transaction Junction Proprietary Limited |
|
|
88 |
|
80 |
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| |
Rent paid to related parties |
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Ellerine Bros. Proprietary Limited |
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|
5 631 |
|
5 096 |
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| |
Moneyline 311 Proprietary Limited |
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|
5 631 |
|
5 096 |
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| |
Rent received from related parties |
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| |
Africa Prepaid Services Proprietary Limited |
|
|
— |
|
133 |
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| |
Blue Label Data Solutions Proprietary Limited |
|
|
— |
|
167 |
|
| |
Blue Label One Proprietary Limited |
|
|
— |
|
588 |
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| |
Blue Label Distribution Proprietary Limited |
|
|
— |
|
2 438 |
|
| |
The Prepaid Company Proprietary Limited |
|
|
— |
|
3 099 |
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| |
Zok Cellular Proprietary Limited |
|
|
— |
|
95 |
|
| |
Impairment of related party investments |
|
|
|
|
|
|
| |
Africa Prepaid Services Nigeria Limited |
|
|
14 000 |
|
— |
|
| |
Content Connect Africa Proprietary Limited |
|
|
— |
|
13 000 |
|
| |
Impairment of related party loans |
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|
|
|
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| |
Africa Prepaid Services Proprietary Limited |
|
|
35 849 |
|
— |
|
| |
Africa Prepaid Services Nigeria Limited |
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|
5 113 |
|
— |
|
| |
Dividends received from related parties |
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|
|
|
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| |
Datacel Direct Proprietary Limited |
|
|
— |
|
3 747 |
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| |
Demtrade 11 Proprietary Limited |
|
|
— |
|
453 |
|
| |
Matragon Proprietary Limited |
|
|
— |
|
1 |
|
| |
Matrix Investments No 4 Proprietary Limited |
|
|
— |
|
596 |
|
| |
Loans to related parties |
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|
|
|
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| |
Africa Prepaid Services Proprietary Limited |
|
|
— |
|
4 719 |
|
| |
Gold Label Investments Proprietary Limited |
|
|
37 446 |
|
35 104 |
|
| |
The Prepaid Company Proprietary Limited |
|
|
— |
|
236 794 |
|
| |
Uninex Proprietary Limited |
|
|
976 |
|
976 |
|
| |
Velociti Proprietary Limited |
|
|
— |
|
3 005 |
|
| |
Loans from related parties |
|
|
|
|
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| |
Blue Label Investments Proprietary Limited |
|
|
3 638 |
|
3 638 |
|
| |
Datacel Direct Proprietary Limited |
|
|
8 493 |
|
— |
|
| |
The Prepaid Company Proprietary Limited |
|
|
90 727 |
|
— |
|
| |
Ventury Group Proprietary Limited |
|
|
48 000 |
|
48 000 |
|
| |
Amounts due from related parties |
|
|
|
|
|
|
| |
Black Ginger 59 Proprietary Limited |
|
|
4 683 |
|
21 |
|
| |
Blue Label Distribution Proprietary Limited |
|
|
8 |
|
— |
|
| |
Blue Label Mexico S.A. de C.V. |
|
|
1 759 |
|
336 |
|
| |
Smart Voucher Limited trading as Ukash |
|
|
(25) |
|
— |
|
| |
|
|
|
6 425 |
|
357 |
|
| |
Amounts due to related parties |
|
|
|
|
|
|
| |
Blue Label Distribution Proprietary Limited |
|
|
8 |
|
109 |
|
| |
Cigicell Proprietary Limited |
|
|
15 |
|
— |
|
| |
|
|
|
23 |
|
109 |
|