172 / 248
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2015
170
BLUE LABEL INTEGRATED ANNUAL REPORT 2015
2015
R’000
2014
R’000
29.
RELATED PARTY TRANSACTIONS continued
Contributions to related parties
Parkrun Southern Africa Proprietary Limited
—
538
Purchases of property, plant and equipment from
related parties
Bordelo Properties Proprietary Limited
—
3 123
Purchases of intangible assets from related parties
Liquid NFC Proprietary Limited
13 000
—
Mpower Softcomm Private Limited
3 580
—
Loans from related parties
Datacision Proprietary Limited
4 738
—
Loans to related parties
2DFine Holdings Mauritius* (refer to note 6)
163 634
127 373
Blue Label Mexico S.A. de C.V. (refer to note 6)
—
1 054
Forensic Intelligence Data Solutions Proprietary Limited (refer to
note 6)
—
305
Lornanox Proprietary Limited (refer to note 6)
6 000
—
Oxigen Services India Private Limited (refer to note 6)
29 552
25 068
Supa Pesa South Africa Proprietary Limited (refer to note 6)
7 900
—
ZOK Cellular Proprietary Limited (refer to note 7)
18 768
24 091
* B Levy and M Levy have signed personal sureties for the loan owed by 2DFine Holdings Mauritius to Gold Label
Investments Proprietary Limited. Their liability is limited to the difference between the sum of 50% of the loan owing
and the value of 18.61% of the shares in Oxigen Services India Private Limited on the 30th day after which the loan
becomes due and payable or the extended date as may be agreed in writing by Gold Label Investments Proprietary
Limited.