142 / 248
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2015
140
BLUE LABEL INTEGRATED ANNUAL REPORT 2015
6.
INVESTMENTS IN AND LOANS TO ASSOCIATES AND JOINT VENTURES continued
Set out below is the summarised financial information of the Group’s significant joint ventures
Joint venture
Blue Label Mexico
S.A. de C.V.
2DFine Holdings
Mauritius
Supa Pesa
Africa
(Mauritius)
Limited
Principal activity
Distributor of
terminals to vend
e-tokens of value
Investment holding
company
Content
provider
Country of incorporation
Mexico
Mauritius
Mauritius
2014
R’000
2014
R’000
Statement of financial position
Non-current assets
214 368
268 512
118 463
102 171
8 207
Current assets
150 609
160 525
45
1
6 906
Cash and cash equivalents
46 320
79 353
1
1
—
Other current assets
104 289
81 172
44
—
6 906
364 977
429 037
118 508
102 172
15 113
Total equity
261 721
359 853
(47 611)
(26 965)
5 380
Non-current liabilities
8 482
10 407
—
—
8 207
Current liabilities
94 773
58 777
166 120
129 137
1 526
Trade and other payables
93 564
58 487
191
456
1 154
Other current liabilities
1 209
290
165 929
128 681
372
103 255
429 037
166 120
102 172
9 733
Effective percentage held
46.64
45.57
50
50
50
Net assets
261 721
359 853
(47 611)
(26 965)
5 380
Share capital and share premium
(737 792)
637 728
*
*
*
(476 071)
(277 875)
(47 611)
(26 965)
5 380
Interest in joint venture
(222 040)
(126 628)
(23 806)
(13 483)
2 690
Goodwill
185 434
190 994
—
—
31 215
Capital funding
304 175
254 142
—
—
—
Balance at the end of the year
267 569
318 508
(23 806)
(13 483)
33 905
* Less than R1 000.
2015
R’000
2015
R’000
2015
R’000