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AFRICAN DAWN 2015 Annual Report

Notes to the Financial Statements continued 11. Loans to/(from) group companies Group Company AFRICAN DAWN 83 ANNUAL REPORT 2015 Subsidiaries Loan balance Loan impairment Loan present value adjustment (Refer note 6) Total Company 2015 R'000 African Dawn Social Education Proprietary Limited * (57) - - (57) Bhenka Financial Services Proprietary Limited * (6,872) - - (6,872) African Dawn Property Transfer Finance 2 Proprietary Limited * 31,739 (13,442) (1,693) 16,604 Nexus Personnel Finance Proprietary Limited * - - - - African Dawn Property Transfer Finance 1 Proprietary Limited * 7,088 (4,080) (278) 2,730 African Dawn Wheels Proprietary Limited * 424 (424) - - African Dawn Kwazulu Natal Proprietary Limited * 3,175 (3,175) - - African Dawn Debt Management Proprietary Limited * 14,221 (14,221) - - Candlestick Park Investments Proprietary Limited 149 (149) - - Almika Properties 81 Proprietary Limited * 15 (15) - - Elite Group Proprietary Limited * 21,870 (13,571) (739) 7,560 African Dawn Wheels Operations Proprietary Limited * 13 (13) - - Amalgum Investments 138 Proprietary Limited * 14 (14) - - Elatiflash Proprietary Limited * 16 (16) - - Albistar Investments Proprietary Limited * 18 (18) - - ABC Cashplus (Randburg) Proprietary Limited * 11 (11) - - Knife Capital Proprietary Limited (2) - - (2) 71,822 (49,149) (2,710) 19,963 Loan balance Loan impairment Total Company 2014 R’000 African Dawn Social Education Proprietary Limited * (65) - (65) Bhenka Financial Services Proprietary Limited * (6,878) - (6,878) African Dawn Property Transfer Finance 2 Proprietary Limited * 32,203 (10,720) 21,483 Nexus Personnel Finance Proprietary Limited * 17,948 (17,948) - African Dawn Property Transfer Finance 1 Proprietary Limited * 7,271 (4,138) 3,133 African Dawn Wheels Proprietary Limited * 494 (494) - African Dawn Kwazulu Natal Proprietary Limited * 3,170 (3,170) - African Dawn Debt Management Proprietary Limited * 14,566 (14,227) 339 Candlestick Park Investments Proprietary Limited 137 (137) - Almika Properties 81 Proprietary Limited* 12 (12) - Elite Group Proprietary Limited * 21,518 - 21,518 African Dawn Wheels Operations Proprietary Limited * 9 (9) - Amalgum Investments 138 Proprietary Limited * 7 (7) - Elatiflash Proprietary Limited * 11 (11) - Albistar Investments Proprietary Limited * 12 (12) - ABC Cashplus (Randburg) Proprietary Limited * 9 (9) - 90,424 (50,894) 39,530


AFRICAN DAWN 2015 Annual Report
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