Notes to the Annual Financial Statement For the year ended 31 March 2010
26. Investment income
Group 2010 R’000
Group 2009 R’000
Group 2008 R’000
Company 2010 R’000
Company 2009 R’000
Company 2008 R’000
Dividend income Subsidiaries – Local Associates – Local
– – –
– – –
– 870 870
– – –
725 000 – 725 000
425 000 – 425 000
Interest income Back – to – back loans Loans Interest on money market and bank Other interest Total
1 122 16 671 1 314 815 16 943 1 349 551 1 349 551
9 542 195 1 979 618 29 254 2 018 609 2 018 609
17 151 174 1 483 973 17 341 1 518 639 1 519 509
26 876 16 671 272 288 2 668 318 503 318 503
47 237 195 355 672 2 279 405 383 1 130 383
56 547 174 271 780 710 329 211 754 211
– 26 928 17 318 10 588 294 669 89 085 438 588
– 52 276 6 969 – 277 650 (42 491) 294 404
– 104 350 7 762 – 114 733 (8 732) 218 113
68 562 25 806 – – – 1 075 95 443
91 555 44 476 – – – 1 815 137 846
76 020 56 481 – – – 2 709 135 210
63 367
430 854
378 197
39 117
45 043
20 048
(357 554) 8 737
– (7 579)
– –
– 8 722
– (7 802)
– –
427 (285 023)
2 730 426 005
1 398 379 595
– 47 839
– 37 241
– 20 048
201
(201)
–
–
–
–
(320) (6 525) (6 644) (291 667)
– (396 563) (396 764) 29 241
– 315 425 315 425 695 020
– (15 010) (15 010) 32 829
– (8 539) (8 539) 28 702
– 15 546 15 546 35 594
27. Finance costs Interest paid to subsidiaries Non-current borrowings Bank Late payment of tax Notional interest Revaluations of foreign loans
28. Taxation Major components of the tax (income)/expense Current Local income tax – current period Local income tax – recognised in current tax for prior periods Tax adjustment Foreign income tax or withholding tax – recognised in current tax for prior periods Deferred Originating and reversing temporary differences Benefit of unrecognised tax loss/tax credit/temporary difference used to reduce deferred tax expense Other deferred tax
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CEF (PTY) LTD ANNUAL REPORT 2010