3. INTEREST IN SUBSIDIARIES
 
  2021
R'm 		2020
R'm
Unlisted investment in Life Healthcare Group Proprietary Limited
Shares at cost
Balance at 1 October 8 897 8 897
Additional investment – –
Balance at 30 September 8 897 8 897
Amounts owing by subsidiary
Balance at 1 October 391 391
Reversal of ECL provision1 2 –
Balance at 30 September 393 391
Total investment 9 290 9 288
1 The loan is subject to the impairment requirements of IFRS 9. The ECL rate was determined to be 0% due to the Group's intention to provide sufficient support to ensure that inter-company loans can be repaid in the normal course of business and there have been no significant change in economic conditions and forward looking indicators within the Group.

The Company's investments in Life Healthcare Finance Proprietary Limited and Life Management Proprietary Limited are less than R1 million.

The loan is unsecured, has no fixed repayment terms and bears interest as determined by the directors. No interest was received during the current year or prior financial year.