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BLUE LABEL
INTEGRATED ANNUAL REPORT 2017
2017
R’000
2016
R’000
7.
Loan receivable
Interest-bearing loan receivable
106 305
115 678
106 305
115 678
Interest-bearing loans earn interest at 10% per annum and are repayable on demand.
The loans receivable are neither past due nor impaired with a low risk of default. Loan receivable balance is from a
related party (refer to note 22).
Notes
to the Company annual financial statements
continued
For the year ended 31 May 2017