| |
2018
R’m |
|
| Unlisted ordinary shares |
|
|
|
|
|
| Balance at 1 October |
|
35 |
|
2 976 |
|
| Share of net profit/(loss) after tax |
|
18 |
|
(105) |
|
| Share of current year profit/(loss) before tax |
|
19 |
|
(102) |
|
| Share of current year tax |
|
(1) |
|
(3) |
|
| Dividends declared by associates |
|
– |
|
(4) |
|
| Capital distributions |
|
(5) |
|
(8) |
|
| Reversal of impairment |
|
– |
|
15 |
|
| Effect of foreign currency movement |
|
5 |
|
2 |
|
| Investment in Max classified as held for sale (refer note 18) |
|
– |
|
(2 841) |
|
| Balance at 30 September |
|
53 |
|
35 |
|
|
|
|
|
|
|
Refer Annexure C – associate undertakings.
Aggregate information of individually immaterial associates and joint ventures adjusted for percentage ownership by the Group:
| |
Associates |
|
Joint ventures |
|
|
|
|
|
|
|
|
|
|
| |
2018
R’m |
|
2018
R’m |
|
| Carrying amount |
– |
|
2 |
|
12 |
|
11 |
|
| Group’s share of profit after tax |
4 |
|
2 |
|
14 |
|
11 |
|
|
|
|
|
|
|
|
|
|
The aggregate post-acquisition reserves (adjusted for the Group’s ownership) for associates and joint ventures are a
R10 million loss (2018: R43 million).
|