Notes to the Summarised Company financial statements | 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 2017    2016   
14.2 Transactions with related parties        
  Vodafone Group Plc and subsidiaries (8 046)   (8 005)  
  Staff recoveries/(expenses) 36     (8)   
   Other operating expenses  (5)    (7)   
   Finance costs  (388)    (301)   
   Dividends declared  (7 689)    (7 689)   
   Subsidiaries  13 164     12 556    
   Revenue1  659     681    
   Other operating expenses  (80)    (81)   
   Finance income  918     752    
   Finance costs  (606)    (498)   
   Dividends declared  (123)    (123)   
   Dividends received  12 396     11 825   
           
 
    Note:
  • Revenue consists of mainly administration fees charged to subsidiaries.