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AFRICAN DAWN ANNUAL REPORT 14

Notes to the Financial Statements continued Group Company 2014 2013 2014 2013 R '000 R '000 R '000 R '000 15. Compound instruments continued Sandown Convertible Bond Opening balance 10,574 4,273 - - Capital drawn - 5,500 - - Cost of loan capitalised 1,913 892 - - Transfer to non current assets held for sale (12,487) - - - Effective interest adjustment - (91) - - - 10,574 - - STRB Lewende Trust (Previously PCI convertible bond) Opening balance 1,621 1,653 - - Repaid portion acknowledged (143) (194) - - Interest raised 185 194 - - Effective interest adjustment - (32) - - 1,663 1,621 - - AFRICAN DAWN 5 6 ANNUAL REPORT 2014


AFRICAN DAWN ANNUAL REPORT 14
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