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AFRICAN DAWN 2018 Annual Report

AFRICAN DAWN ANNUAL REPORT 2018 Notes to the Financial Statements continued Annual Financial Statements For the year ended 28 February 2018 61 9. Loans to/(from) Group companies Subsidiaries Company 2018 R’000 Subsidiaries Loan balance Loan impairment Total African Dawn Social Education Proprietary Limited * 242 (242) - Bhenka Financial Services Proprietary Limited ~ (2,346) - (2,346) African Dawn Property Transfer Finance 2 Proprietary Limited * 20,543 (18,894) 1,649 African Dawn Property Transfer Finance 1 Proprietary Limited * 6,887 (4,596) 2,291 African Dawn Wheels Proprietary Limited * 456 (456) - African Dawn Kwazulu Natal Proprietary Limited * 3,228 (3,228) - African Dawn Debt Management Proprietary Limited * 14,234 (14,234) - YueDiligence Proprietary Limited 527 (468) 59 Almika Properties 81 Proprietary Limited * 15 (15) - Elite Group Proprietary Limited *^ 23,223 (15,900) 7,323 African Dawn Wheels Operations Proprietary Limited * 85 (85) - Amalgum Investments 138 Proprietary Limited * 14 (14) - Elatiflash Proprietary Limited * 16 (16) - Albistar Investments Proprietary Limited * 18 (18) - ABC Cashplus (Randburg) Proprietary Limited * 20 (20) - SME Snapshot Proprietary Limited 300 - 300 67,462 (58,186) 9,276


AFRICAN DAWN 2018 Annual Report
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