| Notes to the financial statements | Note 7 |
|
| Company |
|
|
|
|
Group |
|
| 2017 |
|
2016 |
|
|
|
(R’million) |
2017 |
|
2016
Restated *# |
|
| |
|
|
|
|
7 |
Net (finance costs)/finance income |
|
|
|
|
| (23,8) |
|
(14,6) |
|
|
7.1 |
Interest paid |
(211,2) |
|
(317,0) |
|
| (7,5) |
|
(11,9) |
|
|
|
Long-term borrowings |
(7,7) |
|
(16,0) |
|
| – |
|
(2,7) |
|
|
|
Bank and other short-term borrowings |
(168,3) |
|
(282,0) |
|
| (7,8) |
|
– |
|
|
|
Other – financial liabilities |
(35,1) |
|
(18,6) |
|
| (8,5) |
|
– |
|
|
|
Other – non-financial liabilities |
(0,1) |
|
(0,4) |
|
| 189,2 |
|
127,6 |
|
|
7.2 |
Interest received |
31,5 |
|
20,0 |
|
| 38,5 |
|
38,3 |
|
|
|
From subsidiary companies |
– |
|
– |
|
| 150,7 |
|
89,3 |
|
|
|
From cash and cash equivalents |
31,5 |
|
20,0 |
|
| (16,3) |
|
(2,3) |
|
|
7.3 |
Net foreign exchange (loss)/profit |
(30,2) |
|
128,6 |
|
| (16,3) |
|
(2,3) |
|
|
|
(Loss)/profit on cash balances and loans of a funding nature |
(30,2) |
|
128,6 |
|
|
|
|
|
|
|
|
|
|
|
|
| 149,1 |
|
110,7 |
|
|
|
Net (finance costs)/finance income |
(209,9) |
|
(168,4) |
|
| * |
Restated for the early adoption of IFRS 15 Revenue from Contracts with Customers. Refer to note 6. |
| # |
Restated as required by IFRS 5 in relation to the treatment of East Africa Tiger Brands Industries Plc. (EATBI) and Haco Tiger Brands (E.A.) Limited (Haco) as discontinued operations. Refer to note 34. |
| Notes to the financial statements | Note 7 |
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