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Notes to the Financial Statements

for the year ended 31 December 2004

40 Investments Company

    Rm
  Loans to
subsidiaries
Shares in
subsidiaries
Total
Year to 31 December 2004
At beginning of year
8,618
24,041
32,659
Acquisitions
106
-
106
Net amount advanced during year
-
3,256
3,256
Foreign exchange movements
(794)
(2,454)
(3,248)
At end of year
7,930
24,843
32,773
 
Year to 31 December 2003
At beginning of year
16,342
25,680
42,022
Acquisitions
123
-
123
Disposals
(5,816)
-
(5,816)
Net amount advanced during year
-
1,914
1,914
Foreign exchange movements
(2,031)
(3,553)
(5,584)
At end of year
8,618
24,041
32,659

The Company’s principal subsidiaries at 31 December 2004 are set out in note 41.


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