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COMPANY |
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2009 |
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2008 |
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Rm |
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Rm |
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| 21. |
INTEREST IN SUBSIDIARIES |
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| 21.1 |
Investment in subsidiaries |
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Shares at cost |
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Trading |
37.5 |
|
37.5 |
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Guardrisk Insurance Company Limited “A122 ordinary shares” |
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Pick n Pay Retailers (Pty) Limited |
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Pick n Pay Garages (Pty) Limited |
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Pick n Pay Franchise Financing (Pty) Limited |
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The Pick n Pay Employee Share Purchase Trust |
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Raymond Ackerman Holdings Limited |
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Property owning |
0.5 |
|
0.5 |
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Alstar (Pty) Limited |
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Carrefour (Pty) Limited |
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Pick n Pay (Bellville) (Pty) Limited |
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Pick n Pay (Mitchells Plain) Limited |
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Pick n Pay (Newton Park) (Pty) Limited |
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Pick n Pay (Steelpark) (Pty) Limited |
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Pick n Pay Wholesalers (Pty) Limited |
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Pick n Pay Wholesalers (Transvaal) (Pty) Limited |
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Dormant companies |
0.3 |
|
0.3 |
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Total investment in subsidiaries |
38.3 |
|
38.3 |
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| 21.2 |
Amount owing by a subsidiary company |
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|
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At 1 March |
224.9 |
|
161.8 |
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(Amounts received)/advances made during the year |
(5.4) |
|
63.1 |
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At 28 February |
219.5 |
|
224.9 |
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The loan is unsecured, bears interest at rates determined from time to time and is repayable on 13 months’ notice. |
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Total interest in subsidiaries |
257.8 |
|
263.2 |
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Investments held by other Group subsidiaries: |
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Pick n Pay (Gabriel Road) (Pty) Limited |
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Pick n Pay Namibia (Pty) Limited (registered in Namibia) |
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Pick n Pay (Steeledale) (Pty) Limited |
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Boxer Holdings (Pty) Limited |
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Boxer Superstores (Pty) Limited |
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Boxer Fresh Meats (Pty) Limited |
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Mfolozi Properties (Pty) Limited |
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KwaZulu Cash & Carry (Pty) Limited |
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InterFrank Group Holdings Pty Limited (registered in Australia) |
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Franklins Pty Limited (registered in Australia) |
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Franklins Supermarkets Pty Limited (registered in Australia) |
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Fresco Supermarket Holdings Pty Limited (registered in Australia) |
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Score Supermarkets Operating Limited |
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Score Supermarkets (Trading) (Pty) Limited |
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Score Supermarkets (Botswana) (Pty) Limited (registered in Botswana) |
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Score Supermarkets (Southern Africa) (Pty) Limited (registered in Botswana) |
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Score Supermarkets (Swaziland) Limited (registered in Swaziland) |
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All companies are 100% held and registered in South Africa except where indicated. |
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A comprehensive list of Group subsidiaries is available on request at the registered office of the Company. |
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The attributable earnings of subsidiaries, excluding intercompany dividends |
1 168.4 |
|
968.2 |
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The attributable losses of subsidiaries |
(118.5) |
|
(31.3) |
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