For details of the Company’s Directors, refer to the Directors’ report.
ZOK Cellular Proprietary Limited, BSC Technologies Proprietary Limited, Black Ginger 59 Proprietary Limited, Moneyline 311 Proprietary Limited, aloeCap Proprietary Limited, Stylco Proprietary Limited, Wildekrans Wine Estate Proprietary Limited, Stax Technologies Proprietary Limited, and Ellerine Bros. Proprietary Limited are related parties due to Directors shareholdings and the companies having certain common directorships.
For details of the shareholdings in the Company, refer to the Directors’ report.
| |
2016
R’000 |
|
2015
R’000 |
|
| Purchases from related parties |
|
|
|
|
| Black Ginger 59 Proprietary Limited |
3 906 |
|
6 659 |
|
| Blue Label Distribution Proprietary Limited |
881 |
|
|
|
| Cellfind SA Proprietary Limited |
|
|
15 |
|
| Stax Technologies Proprietary Limited |
|
|
144 |
|
| Stylco Proprietary Limited |
50 |
|
50 |
|
| Ticketpros Proprietary Limited |
24 |
|
|
|
| ZOK Cellular Proprietary Limited |
|
|
11 |
|
| Interest received from related parties |
|
|
|
|
| Africa Prepaid Services Proprietary Limited |
|
|
3 128 |
|
| Africa Prepaid Services Nigeria Limited |
|
|
1 286 |
|
| 2DFine Holdings Mauritius |
9 940 |
|
7 135 |
|
| Blue Label Mexico S.A. de C.V. |
|
|
(18) |
|
| Management fees received from related parties |
|
|
|
|
| Activi Deployment Services Proprietary Limited |
117 |
|
106 |
|
| Blue Label Distribution Proprietary Limited |
4 046 |
|
3 678 |
|
| Blue Label One Proprietary Limited |
594 |
|
540 |
|
| Cellfind SA Proprietary Limited |
4 209 |
|
3 827 |
|
| Cigicell Proprietary Limited |
3 625 |
|
3 295 |
|
| Datacel Direct Proprietary Limited |
792 |
|
720 |
|
| The Prepaid Company Proprietary Limited |
96 000 |
|
96 000 |
|
| Transaction Junction Proprietary Limited |
117 |
|
106 |
|
| Management fees paid to related parties |
|
|
|
|
| Blue Label Distribution Proprietary Limited |
718 |
|
|
|
| Rent received from related parties |
|
|
|
|
| Black Ginger 59 Proprietary Limited |
14 404 |
|
13 866 |
|
| Rent paid to related parties |
|
|
|
|
| Ellerine Bros. Proprietary Limited |
7 597 |
|
6 875 |
|
| Moneyline 311 Proprietary Limited |
7 597 |
|
6 875 |
|
| Impairment of related party loans |
|
|
|
|
| Africa Prepaid Services Proprietary Limited |
2 496 |
|
12 254 |
|
| Africa Prepaid Services Nigeria Limited |
|
|
11 231 |
|
| Cellfind SA Proprietary Limited |
(141 841) |
|
|
|
| Datacel Direct Proprietary Limited |
(16 073) |
|
|
|
| Gold Label Investments Proprietary Limited |
|
|
(53 927) |
|
| Loans to related parties |
|
|
|
|
| Gold Label Investments Proprietary Limited* |
160 560 |
|
|
|
| Loan is interest free. |
|
|
|
|
| 2DFine Holdings Mauritius |
115 678 |
|
80 672 |
|
| Loan is repayable on demand and bears interest at 10% per annum. |
|
|
|
|
| Uninex Proprietary Limited |
976 |
|
976 |
|
| Loan is repayable on demand and is interest-free. |
|
|
|
|
| Loans from related parties |
|
|
|
|
| Blue Label Investments Proprietary Limited |
|
|
3 638 |
|
| Loan is repayable on demand and is interest-free. |
|
|
|
|
| The Prepaid Company Proprietary Limited |
1 135 399 |
|
703 253 |
|
| Loan is repayable on demand and is interest-free. |
|
|
|
|
| Ventury Group Proprietary Limited |
48 000 |
|
48 000 |
|
| Loan is repayable on demand and is interest-free. |
|
|
|
|
| Amounts due from related parties included in trade receivables |
|
|
|
|
| Blue Label Distribution Proprietary Limited |
978 |
|
|
|
| Black Ginger 59 Proprietary Limited |
4 351 |
|
3 592 |
|
| |
5 329 |
|
3 592 |
|
| Amounts due to related parties included in trade payables |
|
|
|
|
| Black Ginger 59 Proprietary Limited |
|
|
1 745 |
|
| Cellfind SA Proprietary Limited |
56 |
|
|
|
| Moneyline 311 Proprietary Limited |
|
|
2 110 |
|
| |
56 |
|
3 855 |
|