Significant related party transactions and balances

for the year ended 31 May 2019

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   2019 
Audited 
R'000 		 2018 
Audited 
R'000 
Sales to related parties    
Cell C Proprietary Limited  2 030 623  1 100 788 
Purchases from related parties    
Cell C Proprietary Limited  6 203 272  4 873 215 
Interest received from related parties    
2DFine Holdings Mauritius  3 776  21 736 
Cell C Proprietary Limited  141 841  96 380 
Loans to related parties    
2DFine Holdings Mauritius*  208 026  242 687 
Brett Levy*  42 502  27 503 
Cell C Proprietary Limited  –  1 029 626 
Mark Levy*  42 502  27 503 
Oxigen Services India Private Limited  47 215  34 018 
Loss allowance on above loans  (255 242) (141 850)
Amounts due from related parties included in trade receivables    
Cell C Proprietary Limited  1 352 718  1 028 184 
Amounts due to related parties included in trade payables    
Cell C Proprietary Limited  1 212 392  1 573 472 
* Brett Levy and Mark 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 loan owing to Gold Label Investments Proprietary Limited and the value of 16.93% 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. As at 31 May 2019 a combined surety asset of R85 million has been raised (May 2018: R55 million)