Company financial statements

notes to the company financial statements

Pick n Pay Stores Limited

 

52 weeks

1 March

2015

Rm

52 weeks

2 March

2014

Rm

9.

RELATED PARTY TRANSACTIONS

9.1

Pick n Pay Stores Limited

9.1.1

Dividends received from subsidiary companies and paid to its holding company

Dividends received

Pick n Pay Retailers Proprietary Limited

468.6

365.0

Guardrisk Insurance company Limited “A122 ordinary shares”

40.2

Pick n Pay Employee Share Purchase Trust

6.0

5.4

Total dividends received from related parties

474.6

410.6

Dividends paid to holding company

Pick n Pay Holdings Limited RF

249.9

216.3

9.1.2

Finance income from a subsidiary company

Pick n Pay Retailers Proprietary Limited

10.8

38.3

9.1.3

Loans to subsidiary companies

Pick n Pay Retailers Proprietary Limited

186.7

527.5

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

Boxer Holdings (Pty) Limited

27.2

Pick n Pay Zambia Limited

3.4

Pick n Pay (Mitchells Plain) Limited

6.7

6.7

449.9

760.1

9.1.4

Loans from holding company

Pick n Pay Holdings Limited RF

(2.2)

(1.3)

Total loans to related parties

447.7

758.8


Pick n Pay Holdings Limited RF

 

52 weeks

1 March

2015

Rm

52 weeks

2 March

2014

Rm

9.2

Pick n Pay Holding Limited RF

9.2.1

Dividends received from subsidiary company

Pick n Pay Stores Limited

249.9

216.3

9.2.2

Amount owing by Group companies

Loan to subsidiary company

Pick n Pay Stores Limited

2.2

1.4

Loan to company within the Group

Pick n Pay Retailers Proprietary Limited

2.6

0.5

Total amount owing by Group companies

4.8

1.9

9.3

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 found here and here. For further information refer to the remuneration report.