NOTES TO THE ANNUAL FINANCIAL STATEMENTS � NOTE 29

29. RELATED PARTY TRANSACTIONS
 

For details of subsidiaries, associates and joint ventures, refer to note 33. For details of the Company’s Directors, refer to the Directors’ report. ZOK Cellular Proprietary Limited, BSC Technologies Proprietary Limited, Black Ginger 59 Proprietary Limited, Dataforce Trading 240 Proprietary Limited, Moneyline 311 Proprietary Limited, PLL Investments Proprietary Limited, aloeCap Proprietary Limited, Unihold Group Proprietary Limited, Wildekrans Trust, Stylco Proprietary Limited, Wildekrans Wine Estate Proprietary Limited, Wireless Business Solutions Proprietary Limited, iBurst Proprietary Limited, Parkrun Southern Africa Proprietary Limited, Bordelo Properties Proprietary Limited, Blu’s Brothers Proprietary Limited, Liquid NFC Proprietary Limited, Stax Technologies Proprietary Limited, and Ellerine Bros. Proprietary Limited are related parties due to Directors’ shareholdings and the companies having certain common directorships.

For details of the shareholdings in the Company, refer to the Directors’ report.

For details of emoluments to Directors, who are regarded as key management, refer to note 30.

The following transactions were carried out with related parties and all relate to continued operations:
    2015
R’000		       2014
R'000		  
  Sales to related parties            
  BSC Technologies Proprietary Limited —       443  
  Blue Label Mexico S.A. de C.V. 9 922       5 053  
  Datacision Proprietary Limited 206       112  
  iBurst Proprietary Limited 752       732  
  Mpower Softcomm Private Limited 4       —  
  Smart Voucher Limited trading as Ukash —       24  
  Stax Technologies Proprietary Limited 272       49  
  Stylco Proprietary Limited 636       2 907  
  ZOK Cellular Proprietary Limited 2 428       3 448  
  Purchases from related parties            
  Black Ginger 59 Proprietary Limited 14 074       12 498  
  Blu’s Brothers Proprietary Limited —       245  
  BSC Technologies Proprietary Limited —       211  
  Datacision Proprietary Limited 293       —  
  Forensic Intelligence Data Solutions Proprietary Limited 2       —  
  Mpower Softcomm Private Limited 1       —  
  PLL Investments Proprietary Limited 27       —  
  Smart Voucher Limited trading as Ukash —       28  
  Stax Technologies Proprietary Limited 252       62  
  Stylco Proprietary Limited 7 939       3 935  
  Wildekrans Wine Estate Proprietary Limited 4       5  
  Wireless Business Solutions Proprietary Limited 6 292       16 593  
  ZOK Cellular Proprietary Limited 69 946       62 947  
  Interest received from related parties            
  2DFine Holdings Mauritius (refer to note 6) 14 269       11 795  
  Blue Label Mexico S.A. de C.V. (refer to note 6) —       1 017  
  Supa Pesa South Africa Proprietary Limited (refer to note 6) 217       —  
  Management fees received from related parties            
  Blue Label Mexico S.A. de C.V. —       250  
  Datacision Proprietary Limited 545       387  
  Forensic Intelligence Data Solutions Proprietary Limited 192       270  
  Rent paid to related parties            
  Ellerine Bros. Proprietary Limited 6 875       6 222  
  Dataforce Trading 240 Proprietary Limited 253       2 776  
  Moneyline 311 Proprietary Limited 6 875       6 222  
  PLL Investments Proprietary Limited 1 526       1 363  
  Wildekrans Trust 3 087       —  
  Contributions to related parties            
  Parkrun Southern Africa Proprietary Limited —       538  
  Purchases of property, plant and equipment from related parties            
  Bordelo Properties Proprietary Limited —       3 123  
  Purchases of intangible assets from related parties            
  Liquid NFC Proprietary Limited 13 000       —  
  Mpower Softcomm Private Limited 3 580       —  
  Loans from related parties            
  Datacision Proprietary Limited 4 738       —  
  Loans to related parties            
  2DFine Holdings Mauritius* (refer to note 6) 163 634       127 373  
  Blue Label Mexico S.A. de C.V. (refer to note 6) —       1 054  
  Forensic Intelligence Data Solutions Proprietary Limited (refer to note 6) —       305  
  Lornanox Proprietary Limited (refer to note 6) 6 000       —  
  Oxigen Services India Private Limited (refer to note 6) 29 552       25 068  
  Supa Pesa South Africa Proprietary Limited (refer to note 6) 7 900       —  
  ZOK Cellular Proprietary Limited (refer to note 7) 18 768       24 091  
  Amounts due from related parties included in trade receivables            
  Black Ginger 59 Proprietary Limited 3 987       1 456  
  Blue Label Mexico S.A. de C.V. 1 943       5 314  
  Datacision Proprietary Limited 3 165       46  
  iBurst Proprietary Limited 57       62  
  Stax Technologies Proprietary Limited 24       —  
  ZOK Cellular Proprietary Limited 2       2  
    9 178       6 880  
  Amounts due to related parties included in trade payables            
  aloeCap Proprietary Limited —       44  
  Black Ginger 59 Proprietary Limited 4 517       131  
  Datacision Proprietary Limited 98       1 149  
  KM Ellerine —       84  
  LM Nestadt —       211  
  Moneyline 311 Proprietary Limited 2 110       —  
  Mpower Softcomm Private Limited 901       —  
  NN Lazarus —       133  
  PLL Investments Proprietary Limited 141       2  
  Smart Voucher Limited trading as Ukash —       360  
  Stylco Proprietary Limited 3       —  
  Unihold Group Proprietary Limited —       195  
  JS Vilakazi —       71  
  Wireless Business Solutions Proprietary Limited 58       3 436  
    7 828       5 816  
  * B Levy and M Levy have signed personal sureties for the loan owed by 2DFine Holdings Mauritius to Gold Label Investments Proprietary Limited. Their liability is limited to the difference between the sum of 50% of the loan owing and the value of 18.61% of the shares in Oxigen Services India Private Limited on the 30th day after which the loan becomes due and payable or the extended date as may be agreed in writing by Gold Label Investments Proprietary Limited.

NOTES TO THE ANNUAL FINANCIAL STATEMENTS � NOTE 29