| Group | |||
| 2013 | 2012 | ||
| Rm | Rm | ||
| 14. | Investment in associate | ||
| 14.1 | TM Supermarkets (Pvt) Limited | ||
| The Group has a 49% investment in TM Supermarkets (Pvt) Limited registered in Zimbabwe. | |||
| At beginning of period | 110.5 | 9.9 | |
| Share of associate’s income/(loss) | 23.4 | (1.9) | |
| Subscription for additional 24% interest | — | 102.5 | |
| At end of period | 133.9 | 110.5 | |
| Summary financial information of TM Supermarkets (Pvt) Limited – presented in US Dollars (the associate’s functional currency) | US$m | US$m | |
| Statement of comprehensive income | |||
| Turnover | 306.7 | 291.6 | |
| Profit/(loss) for the period | 5.9 | (0.9) | |
| Statement of financial position | |||
| Total assets | 54.0 | 53.3 | |
| Total liabilities | 32.7 | 35.5 | |
| Equity | 21.3 | 17.8 | |
| 14.2 | Related party transactions | ||
| The nature of the transactions between the associate and the Group consists mainly of the sale of inventory. | |||
| 2013 | 2012 | ||
| Rm | Rm | ||
| The following related party transactions occurred during the period: | |||
| Sale of inventory | |||
| TM Supermarkets (Pvt) Limited | 35.7 | 2.1 | |
| The following trade receivable balance is outstanding at end of period: | |||
| TM Supermarkets (Pvt) Limited | 15.2 | — | |