COMPANY						GROUP
2015		2014			(R’million)	2015		2014
				17	Other investments
					(Annexure C)
					Listed, at fair value	102,2		292,7
4,7		8,5			Unlisted, at fair value	6,9		10,4
					Employer controlled reserve invested by pension fund on behalf of Tiger Brands Limited
					– Defined contribution	2,1		2,1
					– Defined benefit (refer note 34)	47,0		44,8
1 610,4		1 610,4			BEE Phase II empowerment entities preference shares
415,6		371,2			Notional investment in subsidiary companies in terms of IFRS 2
2 030,7		1 990,1				158,2		350,0
					Fair value of listed investments	102,2		292,7