INTEGRATED REPORT 2019
Annexure C
ASSOCIATE UNDERTAKINGS FOR THE YEAR ENDED 30 SEPTEMBER 2019
Associates
| Issued share capital |
Interest in share capital | Book value of the shares |
Amounts owing by/(to) associates |
|||||||||||||||
| Name of associate | Functional currency |
2019 Total |
201 Total |
2019 % |
2018 % |
2019 R’m |
2018 R’m |
2019 R’m |
2018 R’m |
|||||||||
| Unlisted investments | ||||||||||||||||||
| Mafikeng Hospital Proprietary Limited1 | R | – | 8 799 | – | 42 | – | – | – | – | |||||||||
| Wilgers Onkologie Spreekkamer Trust2 | R | 10 000 | 10 000 | 25 | 25 | – | – | (1) | (1) | |||||||||
| Wilgers Onkologie Radiologiese Trust2 | R | 10 000 | 10 000 | 40 | 40 | – | – | (2) | (1) | |||||||||
| Wilgers Stralingsonkologie Trust2 | R | 10 000 | 10 000 | 25 | 25 | – | – | 12 | 4 | |||||||||
| Consolidated Aone Trade and Invest 12 Proprietary Limited2 | R | 100 | 100 | 30 | 30 | – | 2 | 4 | 8 | |||||||||
| – | 2 | 13 | 10 | |||||||||||||||
| All the associates provide medical and surgical services through private hospitals and/or same day surgical centres. | |
| 1 | Liquidated during the year. |
| 2 | Indirectly held through Life Healthcare Group Proprietary Limited. |
Joint ventures
| Issued share capital |
Interest in share capital | Book value of the shares |
Amounts owing by/(to) associates |
|||||||||||||||
| Name of associate | Functional currency |
2019 Total |
2018 Total |
2019 % |
2018 % |
2019 R’m |
2018 R’m |
2019 R’m |
2018 R’m |
|||||||||
| Unlisted investments | ||||||||||||||||||
| Max Healthcare Institute Limited1 | Rs’00000 | – | 53 724 | – | 49.7 | – | 3 052 | – | – | |||||||||
| Brenthurst MRI | R | – | – | 70 | 70 | – | – | (7) | – | |||||||||
| Brenthurst Equipment Trust 1 | R | – | – | 50 | 50 | – | – | – | – | |||||||||
| Brenthurst Equipment Trust 2 | R | – | – | 70 | 70 | – | – | – | – | |||||||||
| Brenthurst Radiology Cat Scan | R | – | – | 50 | 50 | – | – | – | – | |||||||||
| Barringtons MRI Limited2 | EUR | 100 | 100 | 50 | 50 | 9 | 9 | – | – | |||||||||
| 20:20 Imaging Limited2 | EUR | 300 | 300 | 30 | 33 | 3 | 2 | – | – | |||||||||
| 12 | 3 063 | (7) | – | |||||||||||||||
| 1 | The company is incorporated in India and has a March financial year-end and the issued shares are reflected in Indian rupees. The Group disposed of its investment on 21 June 2019 (2018: classified as held for sale). Refer note 26. |
| 2 | The company is incorporated in the Republic of Ireland and the issued shares are reflected in euros. |