NOTES TO THE COMPANY FINANCIAL STATEMENTS

Note 1 - Accounting policies Note 2 - Administration expenses Note 3 - Tax Note 4 - Dividends Note 5 - Investments in subsidiaries and trust Note 6 - Share capital Note 7 - Borrowings Note 8 - Related party transactions Note 9 - Financial instruments

Notes to the Company financial statements
for the period ended

    364 days to  
2 March  
2014  
Rm  		 368 days to  
3 March  
2013  
Rm  
8.   RELATED PARTY TRANSACTIONS        
8.1   Pick n Pay Stores Limited      
8.1.1   Dividends received from subsidiary companies and paid to its holding company      
  Dividends received      
  Pick n Pay Retailers Proprietary Limited   365.0   358.7  
  Guardrisk Insurance Company Limited “A122 ordinary shares”   40.2   —  
   Pick n Pay Employee Share Purchase Trust   5.4   7.9  
   Total dividends received from related parties   410.6   366.6  
   Dividends paid to holding company        
   Pick n Pay Holdings Limited RF   216.3   316.8  
8.1.2   Interest received from a subsidiary company      
   Pick n Pay Retailers Proprietary Limited   38.3   22.4  
8.1.3   Amounts owing by Group companies        
  Loans to subsidiary companies      
  Pick n Pay Retailers Proprietary Limited   527.5   232.4  
  Carrefour Proprietary Limited   102.9   102.9  
  Pick n Pay (Steelpark) Proprietary Limited   1.8   1.8  
  Pick n Pay (Steeledale) Proprietary Limited   63.5   63.5  
  Bedworth Sentrum Proprietary Limited   57.7   57.7  
   Pick n Pay (Mitchells Plain) Limited   6.7   6.7  
      760.1   465.0  
   Loans from holding company        
   Pick n Pay Holdings Limited RF   (1.3)  (1.4) 
      758.8   463.6  
8.2   Pick n Pay Holdings Limited RF      
8.2.1   Dividends received from subsidiary company      
   Pick n Pay Stores Limited   216.3   316.8  
8.2.2   Amount owing by Group companies        
  Loan to subsidiary company      
  Pick n Pay Stores Limited   1.4   1.4  
  Loan to company within the Group      
   Pick n Pay Retailers Proprietary Limited   0.5   1.3  
      1.9   2.7  
8.3   Shares held by directors  
   The percentage of shares held by directors of Pick n Pay Stores Limited and Pick n Pay Holdings Limited RF at the reporting date are disclosed in the directors’ reports here and here. For further information refer to the remuneration report here and here.