Notes to the Company annual financial statements

for the period ended 3 March 2013
    2013  
Rm  
2012  
Rm  
5.   Investments in subsidiaries and trust      
5.1   Investments in subsidiaries and trust      
  Pick n Pay Stores Limited      
  Shares at cost      
  Trading subsidiaries   37.5   37.5  
  Guardrisk Insurance Company Limited “A122 ordinary shares”      
  Pick n Pay Garages Proprietary Limited      
  Pick n Pay Retailers Proprietary Limited      
  Pick n Pay Investment Holdings Limited      
  Property owning subsidiaries   0.5   0.5  
  Pick n Pay (Newton Park) Proprietary Limited      
  Pick n Pay Wholesalers Proprietary Limited      
  Pick n Pay Wholesalers (Transvaal) Proprietary Limited      
  Trust      
  The Pick n Pay Employee Share Purchase Trust      
  Dormant subsidiaries   0.3   0.3  
  Total investments in subsidiaries and trust   38.3   38.3  
5.2   Amount owing by subsidiary companies      
  At beginning of period   725.4   98.4  
  Amounts (received)/advanced during the period   (261.8)  627.0  
  At end of period   463.6   725.4  
  Refer to note 9.1.3 for a detailed analysis.      
  The amount owing is unsecured, interest-free and no fixed rate for repayment has been determined.      
  Total investments in subsidiaries and trust   501.9   763.7  
5.3   Investment in subsidiary      
  Pick n Pay Holdings Limited      
  Pick n Pay Stores Limited      
  257 345 334 (2012: 257 345 334) ordinary shares      
  Comprising:      
  Initial investment   24.7   24.7  
  Capitalisation share awards received   103.3   103.3  
  Total investment in subsidiary   128.0   128.0  
5.4   Amount owing by subsidiary company   1.4   1.4  
  Refer to note 9.2.2 for a detailed analysis.      
  The amount owing is unsecured, interest-free and no fixed rate for repayment has been determined.      
  Total investment in subsidiary   129.4   129.4