|
2020
R’m |
|
2019
R’m |
|
|
|
|
|
|
|
| Unlisted ordinary shares |
|
|
|
|
| Balance at 1 October |
53 |
|
35 |
|
| Share of net profit after tax |
14 |
|
18 |
|
| |
Share of current year profit before tax |
14 |
|
19 |
|
| |
Share of current year tax |
– |
|
(1) |
|
| Dividends declared by associates and joint ventures |
(6) |
|
– |
|
| Capital distributions |
(6) |
|
(5) |
|
| Effect of foreign currency movement |
10 |
|
5 |
|
| Balance at 30 September |
65 |
|
53 |
|
|
|
|
|
|
|
Refer annexure C – associate undertakings.
Aggregate information of individually immaterial associates and joint ventures adjusted for percentage ownership by the Group:
|
|
Associates |
|
Joint ventures |
|
|
2020
R’m |
|
2019
R’m |
|
2020
R’m |
|
2019
R’m |
|
|
|
|
|
|
|
|
|
|
| Carrying amount |
– |
|
– |
|
14 |
|
12 |
|
| Group’s share of profit after tax |
4 |
|
4 |
|
10 |
|
14 |
|
The aggregate post-acquisition reserves (adjusted for the Group's ownership) for associates and joint ventures are R48 million (2019: R10 million loss). |
|