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Notes to the annual financial statements | Note 12

FOR THE YEAR ENDED 30 SEPTEMBER 2013

 
Company
    2013 2012

12.

INTEREST IN SUBSIDIARIES

(Refer to annexure A)
Shares at cost
2 605,6
2 606,5
Provision for impairment
(120,2)
(120,7)
Interest in subsidiaries
2 485,4
2 485,8
Amounts owing by subsidiaries1
1 900,0
1 845,4
Amounts owing to subsidiaries1
(317,8)
(262,1)
 
1 These loans have no fixed terms of repayment, do not bear interest except for the amounts owing by/(to) RFCL, which bear interest at rates approximating the overnight deposit/call rates and no security has been provided for them.