| Notes to the summarised Company financial statements | Note 14 |
|
| |
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. |
14.2 |
Transactions with related parties |
| |
| Rm |
2017
Restated* |
|
| Vodafone Group Plc and subsidiaries |
|
(8 935) |
|
(8 046) |
|
| Staff (expenses)/recoveries |
|
(14) |
|
36 |
|
| Other operating expenses |
|
– |
|
(5) |
|
| Finance costs |
|
(382) |
|
(388) |
|
| Dividends declared |
|
(8 539) |
|
(7 689) |
|
| Subsidiaries |
|
15 253 |
|
13 164 |
|
| Revenue 1 |
|
15 282 |
|
13 378 |
|
| Other operating expenses |
|
(106) |
|
(80) |
|
| Finance income |
|
754 |
|
595 |
|
| Finance costs |
|
(550) |
|
(606) |
|
| Dividends declared |
|
(127) |
|
(123) |
|
|
|
|
|
|
|
Note:
1. Revenue consists of mainly administration fees charged to subsidiaries.
* Refer Note 15 for the reclassification of revenue in the current year. |
| Notes to the summarised Company financial statements | Note 14 |
|
|