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AFRICAN DAWN 2015 Annual Report

Group Company 2015 R’000 2014 R’000 AFRICAN DAWN 106 ANNUAL REPORT 2015 2015 R’000 2014 R’000 Notes to the Financial Statements continued 40. Related parties (continued) Elite (217) (192) - - Nexus 196 165 - - Interest (received)/paid from related parties Afdawn (31) - (31) - Elite 31 - 31 - Interest (received)/paid from related parties 50,000,00 shares issued as underwritter @ 8c per share 4,000 - 4,000 - Underwritters fee paid cash 80 - 80 - WJ Groenewald related party transaction Knife Capital Group due dilligence fee - via Makalu Capital Proprietary Limited 150 - 150 - Compensation to key management including directors Compensation 9,552 9,506 - - (A) The directors indicated became directors of the Company after the acquisition of Knife Capital. 41. Directors’ emoluments (R’000) Executive 2015 Emoluments Bonus Directors’ fees for services as directors’ of subsidiaries Total WJ Groenewald 1,200 527 - 1,727 JK Van Zyl - - 1,345 1,345 EA Van Heerden 1,200 142 - 1,342 A Böhmert - - 1,347 1,347 2,400 669 2,692 5,761 2014 Emoluments Other benefits Medical aid Leave paid out Total TF Kruger 1,559 - - 441 2,000 JS Van der Merwe 1,000 - - 69 1,069 GE Stoop 1,166 392 47 - 1,605 3,725 392 47 510 4,674


AFRICAN DAWN 2015 Annual Report
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