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Tiger Brands Limited Integrated Annual Report
2014
Annual financial statements
Annexure A
Interest in subsidiary companies
Company‘s interest
Issued ordinary
capital
Effective holding
percentage Shares at cost
Indebtedness
2014
2013
2014
2013
2014
2013
2014
2013
(R‘million)
%
%
Designer Group
0,1
0,1
100,0
100,0
132,1
132,1
–
–
Durban Confectionery Works (Pty)
Limited
0,4
0,4
100,0
100,0
63,4
63,4
33,0
33,0
Enterprise Foods (Pty) Limited
–
–
100,0
100,0
49,7
49,7
0,4
0,4
Langeberg Holdings Limited
1,6
1,6
100,0
100,0
190,8
190,8
702,4
702,4
Langeberg & Ashton Foods (Pty) Limited
–
–
100,0
100,0
85,8
85,8
499,5
653,9
Tiger Food Brands Intellectual Property
Holding Company (Pty) Limited
1,0
1,0
100,0
100,0
17,3
17,3
354,3
330,8
Tiger Consumer Brands Limited
0,1
0,1
100,0
100,0
0,1
0,1
(76,1)
(67,9)
Tiger Brands (Mauritius) Limited
2
35,7
35,7
100,0
100,0
337,9
337,9
(196,0)
(174,0)
Haco Industries Kenya Limited
2
11,1
11,1
51,0
51,0
45,5
45,5
–
–
Chocolaterie Confiserie Camerounaise
2
71,8
71,8
74,7
74,7
152,7
152,7
–
–
Deli Foods Nigeria Limited
2, 4
2,1
2,1
100,0
100,0
213,2
251,6
25,5
31,7
East Africa Tiger Brands Industries
2
212,2
212,2
51,0
51,0
121,4
121,4
33,6
19,3
Davita Trading (Pty) Limited
–
–
100,0
100,0
1 521,6
1 521,6
–
–
Pharma I Investment Holdings Limited
3
–
–
100,0
100,0
–
–
1 227,6
1 227,6
Dangote Flour Mills Plc
2, 4
0,1
0,1
65,7
63,4
672,9
1 485,0
–
–
Other miscellaneous, property,
investment and dormant companies
–
–
100,0
100,0
–
–
(33,4)
(33,3)
3 604,4
4 454,9
2 570,8
2 723,9
Note
1
Non-current amounts owed to the company
2 561,4
2 529,8
Current amounts owed to the company
499,5
653,9
Non-current amounts owed by the company
(414,0)
(391,9)
Current amounts owed by the company
(76,1)
(67,9)
2 570,8
2 723,9
2
All companies are incorporated in South Africa other than six; one of which is incorporated in Mauritius, one in Kenya, one in Cameroon,
two in Nigeria, and one in Ethiopia.
3
Previously Adcock Ingram Holdings (Pty) Limited.
4
Investments impaired in the current year of R848,7 million and R48,0 million relating to Dangote Flour Mills Plc and Deli Foods Nigeria
Limited respectively. Refer to note 13 for additional details.
All rand amounts of less than R100 000 are shown as nil in the above table.