Contents
NOTES TO THE
ANNUAL FINANCIAL STATEMENTS
for the year ended 30 September 2006
Home►   Downloads►
Increase font size Decrease font size E-mail page Print page
Commentary
Directors’ responsibility
Secretaries’ certification
Report of the independent auditors
Directors’ report
Accounting policies
Income statements
Balance sheets
Cash flow statements
Notes to the cash flow statements
Statements of changes
in equity
Notes to the annual financial statements
Principal subsidiaries
Share ownership analysis
Shareholders’ diary
Corporate administration and information
Currency conversion table
Notice of annual general meeting - PDF 106kb
Proxy form - PDF 82kb
 
    GROUP   COMPANY
    2006 
Rm 
 
  2005 
Rm 
(Restated)
  2006 
Rm 
 
2005 
Rm 
(Restated)
15. INTEREST IN ASSOCIATES            
  Shares at cost 158,5    158,5    158,5  158,5 
  Less: Transfer to goodwill on consolidation (133,6)   (133,6)      
  Attributable interest in accumulated profit 101,1    61,9       
  Accumulated profit at beginning of the year 61,9    41,9       
  Audited profit after tax and abnormal items 95,2    79,2       
  Dividends (56,0)   (69,2)      
  Accumulated attributable loss of associate
that became an investment during the year
—    10,0       
  Total interest in associate companies 126,0    86,8    158,5  158,5 
  Directors’ valuation – unlisted associate company 520,0    520,0    520,0  520,0 
  Summarised financial information of the
principal associate companies is reflected in note 31.
           
    GROUP
    Number of shares held   Percentage interest
  Details of investments 2006
 
2005
 
  2006
%
2005
%
  ASSOCIATE COMPANIES:          
  Siemens Telecommunications (Pty) Limited
(supplier of fixed and mobile voice and
data networks)
56 000 56 000   40 40
  Electric Products International (Pty) Limited
(marketing body for electrical cables and
other electrical products)
2 400 2 400   24 24
 
    Place of
incorporation
Year end   Carrying value
  Details of investments (continued)       2006
Rm
2005
Rm
  ASSOCIATE COMPANIES:          
  Siemens Telecommunications (Pty) Limited RSA 30 September   126,0 86,8
  Electric Products International (Pty) Limited RSA 30 September   —* —*
          126,0 86,8
  * – Nil due to rounding.          
   
Back to top