197 / 220
/
195
BLUE LABEL
INTEGRATED ANNUAL REPORT 2017
2017
R’000
2016
R’000
20. Taxation paid
Balance outstanding at the beginning of the year
—
271
Taxation charge
6
—
Balance outstanding at the end of the year
—
—
6
271
21. Commitments
Future operating lease commitments for:
Premises
Payable within one year
17 165
12 270
Payable in two to five years
85 562
—
Payable in greater than five years
55 197
—
157 924
12 270
22. Related-party transactions
Related-party relationships
For details of subsidiaries, associates and joint ventures, refer to note 2.1 in the Group notes.
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, The Grill House Close Corporation, Melrose Motor
Investments 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.
For details of emoluments to Directors, refer to note 5.3 of the Group annual financial statements and remuneration
report. The Executive Directors of the Company are regarded as key management.
Notes
to the Company annual financial statements
continued
For the year ended 31 May 2017