Integrated Reports Senwesbel Consolidated Financial Statements 2018 - Page 56

GROUP 2017 SUBSIDIARIES TRANSACTIONS INCLUDE INCOME RECEIVED/ (EXPENSES INCURRED) R’m % INTEREST AMOUNTS OWED (TO)/BY SUBSIDIARIES R’m JD Implemente (Pty) Ltd Revenue from sale of mechanisation whole goods and interest received. 50,0% (15) 30 Senwes Agrowth (Pty) Ltd (Group) Revenue from sale of grain, interest received, interest paid and service level agreement income. 73,5% 4 413 368 Senwes Capital (Pty) Ltd Interest and rent paid. 100,0% (20) (24) Senwes Mauritius Ltd Service level agreement expenses. 100,0% - 12 Thobo Trust SLA and interest received. * - 1 4 378 387 Total * Thobo Trust is consolidated due to the nature of the interest and its objective as a special purpose vehicle. For the interest rates and loan repayment terms, refer to note 4. 23.2 JOINT VENTURES Details of transactions are listed in the table below. Transactions Ý¥Ñ É•±…Ñ•Á…ÉÑ¥•Ì¥¹±Õ‘”è)M¥±¼ •ÉÑ̀¡AÑ䤁1ѐ ½ÍÑ́ɕ±…Ñ¥¹œÑ¼Í¥±¼•ÉÑ¥™¥…Ñ•Ì) •ÉÑ¥ÍÕɔÉ½ÕÀ%¹Ñ•É•ÍЁɕ•¥Ù•¼¡Á…¥¤…¹Í•ÉÙ¥”±•Ù•°…É••µ•¹Ð¥¹½µ”)Ʌ¥¹½Ù…Ñ¥½¸€¡AÑ䤁1ѐQɅ¹ÍÁ½ÉЁ½ÍÑÌ°¥¹Ñ•É•ÍЁÁ…¥…¹Í•ÉÙ¥”±•Ù•°…É••µ•¹Ð¥¹½µ”)Ʌͱ…¹=¹‘•É¹•µ¥¹Ì€¡AÑ䤁1ѐM•ÉÙ¥”±•Ù•°…É••µ•¹Ð¥¹½µ”…¹¥¹Ñ•É•ÍЁɕ•¥Ù•)!¥¹Ñ•É±…¹M€¡AÑ䤁1ѐM•ÉÙ¥”±•Ù•°…É••µ•¹Ð¥¹½µ”°Íхѥ½¹•É䁥¹½µ”°É•¹ÐÁ…¥°µ•¡…¹¥Í…Ñ¥½¸Í•ÉÙ¥”±•Ù•°)…É••µ•¹Ð•áÁ•¹Í”…¹¥¹Ñ•É•ÍЁÁ…¥½ÈÉ••¥Ù•)Aɽ‘¥ÍЀ¡AÑ䤁1ѐAÕɍ¡…Í”½˜Ý¡½±”½½‘Ì°ÍÁ…ɕ́…¹Í•ÉÙ¥”±•Ù•°…É••µ•¹Ð¥¹½µ”)5½±•µ¤M•±”5…¹…•µ•¹Ð€¡AÑ䤁1ѐM•ÉÙ¥”±•Ù•°…É••µ•¹Ð¥¹½µ”…¹¥¹Ñ•É•ÍЁÁ…¥)I=U@(ÈÀÄà)9Q%Q%L(ÈÀÄÜ(ÈÀÄà)KŠe´(ÈÀÄÜ)KŠe´)QI9M Q%=9L]%Q )I1QAIQ%L(”%9QIMP(ÈÀÄà)KŠe´(ÈÀÄÜ)KŠe´)5=U9QL=] d¼(¡Q<¤9Q%Q%L))½¥¹ÐY•¹ÑÕɕÌ) •ÉÑ¥ÍÕɔÉ½ÕÀ€ÔÀ°À”€ÔÀ°À”€Ä€Ä€ È̤€ Äà¤)Ʌ¥¹½Ù…Ñ¥½¸€¡AÑ䤁1ѐ€ÔÀ°À”€ÔÀ°À”€ ÌÌؤ€ ÄÐ䤀 Ì¤€ ÈÔ¤)Ʌͱ…¹=¹‘•É¹•µ¥¹Ì€¡AÑ䤁1ѐ€ÔÀ°À”€ÔÀ°À”€Ä€È€Ø€ÄÀ)!¥¹Ñ•É±…¹M€¡AÑ䤁1ѐ€ÔÀ°À”€ÔÀ°À”€ØĀÐà€ÄÌȀà)5½±•µ¤M•±”5…¹…•µ•¹Ð€¡AÑ䤁1ѐ€Ì԰ܔ€Ì԰ܔ€´€´€ Ì¤€´)M¥±¼ •ÉÑ̀¡AÑ䤁1ѐ€ÔÀ°À”€ÔÀ°À”€´€´€È€È)Aɽ‘¥ÍЀ¡AÑ䤁1ѐ€¨¨€ÌܰԔ€ÌܰԔ€Ì€Ð€ÌÀ€ÌÀ(¨¨%¹‘¥É•Ð¥¹Ñ•É•ÍЁѡɽ՝ !¥¹Ñ•É±…¹©½¥¹ÐÙ•¹ÑÕɔ¸)½ÈÑ¡”¥¹Ñ•É•ÍЁɅѕ́…¹±½…¸É•Á…嵕¹ÐÑ•ÉµÌ°É•™•ÈÑ¼¹½Ñ”€Ð¸(ÔÔ)M9]M 099U0%99 %0MQQ59QL€ÈÀÄà€$€$)M•¹Ý•Í‰•°1¥µ¥Ñ•I•œ¹¼è€ÄääؼÀÄÜØÈä¼ÀØ