| COMPANY | GROUP | ||||
| 2021 | 2020 | (R’million) | 2021 | 2020 | |
| 16 | OTHER INVESTMENTS | ||||
| 12,5 | 14,1 | Listed, at fair value* | 311,3 | 292,3 | |
| 9,7 | 8,4 | Unlisted, at fair value | 9,7 | 8,4 | |
| Employer controlled reserve invested by one pension fund on behalf of Tiger Brands Limited | |||||
| – Defined contribution | 4,4 | 3,1 | |||
| – Defined benefit (refer note 30) | 80,3 | 79,9 | |||
| 1 610,4 | 1 610,4 | BEE Phase II empowerment entities’ preference shares** | |||
| 582,1 | 575,8 | Notional investment in subsidiary companies in terms of IFRS 2 | |||
| Other*** | 196,1 | – | |||
| 2 214,7 | 2 208,7 | 601,8 | 383,7 | ||
| * | Listed investments comprise Oceana Limited, Adcock Ingram Holdings Limited, Spar Limited and JSE Limited (company-listed investments includes JSE Limited only). |
| ** | Classified as FVTPL under IFRS 9. |
| *** | Included in the Other investments is the portion of proceeds arising from the disposal of the Value Added Meat Products (VAMP) business held in escrow in terms of the sales contracts. The proceeds will be released once the terms and conditions of sales contracts have been completely fulfilled. |