| 27. | RELATED PARTY TRANSACTIONS |
| 27.1 | Transactions between Group subsidiaries |
| During the period, in the ordinary course of business, certain companies within the Group entered into transactions with each other. These intra-group transactions have been eliminated on consolidation. For details of loans within the Group refer to note 9 of the Company annual financial statements. | |
| 27.2 | Loans to executive directors |
| Loans to directors amount to R0.4 million at end of period (2012: R0.4 million), are secured and bear interest at varying interest rates. For further information refer to note 15. | |
| 27.3 | Key management personnel |
| Key management personnel are directors and those executives having authority and responsibility for planning, directing and controlling the activities of the Group. No key management personnel had a material interest in any contract of any significance with any Group company during the period under review. |
| Pick n Pay Stores Group |
Pick n Pay Holdings Group |
||||
| 2013 | 2012 | 2013 | 2012 | ||
| Rm | Rm | Rm | Rm | ||
| Key management personnel remuneration comprises: | |||||
| Directors’ fees | 3.7 | 6.0 | 3.7 | 6.0 | |
| Remuneration for management services | 26.6 | 27.3 | 26.6 | 27.3 | |
| Retirement and medical aid contributions | 3.6 | 3.9 | 3.6 | 3.9 | |
| Performance bonus | 2.2 | 2.0 | 2.2 | 2.0 | |
| Fringe and other benefits | 1.6 | 13.0 | 1.6 | 13.0 | |
| 37.7 | 52.2 | 37.7 | 52.2 | ||
| Expense relating to share options granted | 14.1 | 18.6 | 14.1 | 18.6 | |
| 51.8 | 70.8 | 51.8 | 70.8 | ||