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Significant related-party transactions and balances
Six months ended 30 November 2024 Unaudited R'000 |
Six months ended 30 November 2023 Unaudited R'000 |
Year ended 31 May 2024 Audited R'000 |
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Sales to related parties | |||||
Cell C Limited and its related entities* | 1 951 110 | 2 254 306 | 4 688 906 | ||
T3 Telecoms SA Proprietary Limited* | 29 370 | 35 168 | 415 935 | ||
Purchases from related parties | |||||
Cell C Limited and its related entities* | 2 571 951 | 2 507 405 | 5 693 042 | ||
Interest from related parties | |||||
Cell C Limited and its related entities* | 421 123 | 327 405 | 826 560 | ||
Loans to related parties | |||||
Cell C Limited and its related entities* | 2 718 300 | 2 311 630 | 2 535 535 | ||
Loss allowance on loans to Cell C | (130 441) | (62 078) | (176 470) | ||
Brett Levy | 65 557 | 63 785 | 65 935 | ||
Mark Levy | 65 557 | 63 785 | 65 935 | ||
Amounts due from related parties included in trade receivables | |||||
Cell C Limited and its related entities* | 584 515 | 236 770 | 499 267 | ||
Loss allowance on trade receivables with Cell C | (1 876) | (2 416) | (1 094) | ||
Amounts due to related parties included in trade payables | |||||
Cell C Limited and its related entities* | 455 256 | 50 522 | 387 453 | ||
Amounts due from related parties included in other receivables | |||||
Cell C Limited and its related entities* | 49 719 | 64 861 | 108 963 | ||
Cell C Limited – trade claim (included in sundry receivables)# | 53 375 | 53 375 | 53 375 | ||
Loss allowance on other receivables with Cell C | (53 375) | (53 375) | (53 375) | ||
Amounts due to related parties included in other payables | |||||
Cell C Limited and its related entities* | 16 017 | — | 15 786 |
* | These entities are associates/joint ventures with BLT. |
# | This receivable has been fully provided for both in the current and prior years and is included as part of the total loss allowance. |