Notes to the Summarised Company financial statements l Note 14

14. Related parties

The Company’s related parties are its parent, subsidiaries, joint venture, associate, pension schemes and key management including directors.
14.1 Balances with related parties

Refer to Notes 4, 5, 6, 9 and 10 for details of balances with related parties. These outstanding balances are unsecured and will be settled in cash in the ordinary course of business.
  Rm 2016    2015   
14.2 Transactions with related parties        
   Vodafone Group Plc and subsidiaries  (8 005)    (7 934)   
   Other operating expenses  (15)    23    
   Finance costs  (301)    (172)   
   Dividends declared  (7 689)    (7 786)   
   Subsidiaries  12 556     10 486    
   Revenueš  681     567    
   Other operating expenses  (81)    (62)   
   Finance income  752     728    
   Finance costs  (498)    (314)   
   Dividends declared  (123)    (124)   
   Dividends received  11 825     9 691    
 
Note:
1. Revenue consists of mainly administration fees charged to subsidiaries.