2.2 Non-controlling interests
 

Set out below is the summarised financial information relating to each subsidiary that has non-controlling interests that are material to the Group. The amounts disclosed for each subsidiary are before inter-company eliminations with other companies in the Group.

Subsidiary TJ Group1 Glocell Distribution
Proprietary Limited5
Blue Label Data
Solutions
Reware Proprietary
Limited2
Principal place of business RSA RSA RSA RSA
Segment Africa Distribution Africa Distribution Solutions Africa Distribution
  2020  2019    2020  2019    2020  2019    2020  2019   
NCI (%) 40  40    52  52    19  19    49.6  49.6   
  R'000    R'000         R'000  R'000      R'000    R'000    R'000  R'000   
Non-current assets   31 136  14 805    40 195  64 513    26 385  11 787    —  7 255   
Current assets   89 309  76 305    119 007  125 170    66 219  90 547    —  8 215   
Total assets   120 445  91 110    159 202  189 683    92 604  102 334    —  15 470   
Capital and reserves   95 708  86 736    (24 295) (84 109)   68 362  52 294    —  (32 729)  
Non-current liabilities   11 675  527    7 419  128 691    1 640  234    —  —   
Current liabilities   13 062  3 847    176 078  145 101    22 602  49 807    —  48 199   
Total equity and liabilities   120 445  91 110    159 202  189 683    92 604  102 334    —  15 470   
Accumulated NCI4  38 283  34 694    (12 633) (43 737)   12 989  9 936    —  (16 229)  
Summarised statement of comprehensive income for the year ended 31 May             —         
Revenue   119 760  101 316    1 486 490  3 623 772    189 681  202 679    3 847  47 066   
Total comprehensive income/(loss) for the year   28 972  27 657    59 815  10 435    46 068  49 496    (3 865) (29 774)  
Comprehensive income/(loss) allocated to NCI   11 589  11 063    31 104  5 426    8 753  9 404    (1 916) (14 764)  
Summarised cash flows for the year ended 31 May6              —         
Cash flows from operating activities   47 308  39 821    35 837  20 806    44 032  18 110    (2 022) (5 036)  
Cash flows to investing activities   (7 528) (26 907)   9 184  (8 324)   24 242  (23 114)   110  68   
Cash flows to financing activities   (18 442) (15 947)   (3 608) (11 267)   (52 882) 9 188    498  6 557   
Net increase/(decrease) in cash and cash equivalents   21 338  (3 033)   41 413  1 215    15 392  4 184    (1 414) 1 589   
Dividends paid to NCI   8 000  6 000    —  —    5 700  6 650    —  —   
1 The TJ Group consists of Transaction Junction Proprietary Limited and Transaction Junction (Namibia) Proprietary Limited.
2 Shareholding increased to 100% on 15 January 2020.
3 These entities were disposed of as part of the VAS operations sale transaction. Refer to note 11.
4 Accumulated NCI excludes the share-based payment reserve adjustments because the awards are treated as cash-settled in the separate entities' financial statements.
5 Management has applied its judgement in concluding that The Prepaid Company Proprietary Limited (TPC), a wholly owned subsidiary of Blue Label Telecoms Limited, has control of Glocell due to the fact that TPC controls all distributions made by Glocell to its shareholders, the application of all free cash, the incurral of any debt by Glocell other than in the ordinary course of its business, the sale of any of Glocell's assets and any loans granted by Glocell.
6 Reware Proprietary Limited has been disclosed up until 15 January 2020 and the VAS operations up until 30 April 2020.
Subsidiary Airvantage Proprietary
Limited3
AV Technology
Limited3
Viamedia Proprietary
Limited3
Principal place of business RSA Mauritius RSA
Segment Africa Distribution International Mobile
  2020  2019    2020  2019    2020  2019   
NCI (%)  49   40     49   40    15  25   
    R'000    R'000    R'000    R'000    R'000    R'000   
Non-current assets   —  171 566    —  70 221    —  80 716   
Current assets   —  85 613    —  32 922    —  64 598   
Total assets   —  257 179    —  103 143    —  145 314   
Capital and reserves   —  198 852    —  82 900    —  119 126   
Non-current liabilities   —  45 810    —  17 818    —  13 307   
Current liabilities   —  12 517    —  2 425    —  12 881   
Total equity and liabilities   —  257 179    —  103 143    —  145 314   
Accumulated NCI4  —  79 541    —  33 160    —  29 782   
Summarised statement of comprehensive income for the year ended 31 May                  
Revenue   123 285  88 629    37 177  35 013    65 747  172 118   
Total comprehensive income/(loss) for the year   59 588  21 582    20 972  24 751    8 478  767   
Comprehensive income/(loss) allocated to NCI   29 198  8 633    10 277  9 900    1 272  192   
Summarised cash flows for the year ended 31 May6                   
Cash flows from operating activities   77 212  36 524    9 808  (57 033)   26 323  27 487   
Cash flows to investing activities   (10 643) (7 910)   (60) (60)   16 250  12 435   
Cash flows to financing activities   (51 240) (11 159)   (10 846) —    (44 138) (50 000)  
Net increase/(decrease) in cash and cash equivalents   15 329  17 455    (1 098) (57 093)   (1 565) (10 078)  
Dividends paid to NCI   19 326  —    4 338  —    21 889  12 500   
1 The TJ Group consists of Transaction Junction Proprietary Limited and Transaction Junction (Namibia) Proprietary Limited.
2 Shareholding increased to 100% on 15 January 2020.
3 These entities were disposed of as part of the VAS operations sale transaction. Refer to note 11.
4 Accumulated NCI excludes the share-based payment reserve adjustments because the awards are treated as cash-settled in the separate entities' financial statements.
5 Management has applied its judgement in concluding that The Prepaid Company Proprietary Limited (TPC), a wholly owned subsidiary of Blue Label Telecoms Limited, has control of Glocell due to the fact that TPC controls all distributions made by Glocell to its shareholders, the application of all free cash, the incurral of any debt by Glocell other than in the ordinary course of its business, the sale of any of Glocell's assets and any loans granted by Glocell.
6 Reware Proprietary Limited has been disclosed up until 15 January 2020 and the VAS operations up until 30 April 2020.