| NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS l NOTE 5 |
|
| |
|
2014
Rm |
|
|
2013
Rm |
|
| 5. |
INVESTMENT IN ASSOCIATES AND JOINT VENTURES |
|
|
|
|
|
| |
Listed shares at cost |
282 |
|
|
221 |
|
| |
Unlisted shares at cost |
478 |
|
|
529 |
|
| |
Share of post-acquisition equity |
463 |
|
|
222 |
|
| |
Carrying value of shares – equity accounted |
1 223 |
|
|
972 |
|
| |
Indebtedness by associates and joint ventures |
195 |
|
|
345 |
|
| |
– Less than one year |
112 |
|
|
17 |
|
| |
– More than one year |
83 |
|
|
328 |
|
 |
|
|
|
|
|
|
| |
|
1 418 |
|
|
1 317 |
|
| |
Valuation of shares |
|
|
|
|
|
| |
Listed shares at fair value (Level 1 in the fair value hierarchy) |
882 |
|
|
664 |
|
| |
Unrecognised share of losses of associates and joint ventures exceeding the Group’s interest in the associate and joint venture |
|
|
|
|
|
| |
Cumulative unrecognised losses at beginning of year |
151 |
|
|
171 |
|
| |
Utilisation of unrecognised losses during the year |
|
|
|
(20) |
|
| |
Associate acquired as a subsidiary during the year |
(151) |
|
|
|
|
| |
Cumulative unrecognised losses at end of year |
|
|
|
151 |
|
| |
Details of the Group’s material associates and joint ventures are reflected in . |
|
|