NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS l NOTE 7

7. Loan receivable
 
  2016
R’000
  2015
R’000
 
Interest-bearing loan receivable 115 678   80 672  
  115 678   80 672  

Interest-bearing loans earn interest at 10% per annum.

The loans receivable are neither past due nor impaired with a low risk of default. Loan receivable balance is from a related party (refer to note 21).


NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS l NOTE 7