ACQUISITIONS AND DISPOSALS OF INVESTMENTS

TRANSACTIONS WITH NON-CONTROLLING INTERESTS

Increases and decreases in ownership interest in subsidiaries

The Group had marginal increases and decreases in its percentage shareholdings in some of its southern Africa subsidiary companies due to transactions with minority shareholders. The individual transactions are immaterial.

BUSINESS COMBINATIONS

Priamar SRL

The Group, through Alliance Medical Group Limited (Alliance Medical), acquired 100% of Priamar SRL, incorporated in Italy, on 30 December 2019 for a total consideration of R9 million. Goodwill of R2 million was recognised. No significant contingent liabilities existed at the acquisition date.

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