| Notes to company financial statements l Note 21 |
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2016
R’000 |
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| 21 |
RELATED-PARTY TRANSACTIONS |
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Transactions with related parties are concluded at arm’s length and under similar terms and conditions to third parties. |
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The following significant related-party transactions occurred during the year: |
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Dividends received from joint-venture entity |
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2 810 709 |
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875 000 |
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Preference dividends received from entities deemed to be subsidiary companies |
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311 214 |
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295 079 |
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Management fees paid to subsidiary company |
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185 |
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148 |
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| Notes to company financial statements l Note 21 |
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