| COMPANY | GROUP | ||||
| 2021 | 2020 | (R’million) | 2021 | 2020 | |
| 17 | LOANS | ||||
| Loans to empowerment entities | |||||
| 84,6 | – | Tiger Brands Foundation* | |||
| 12,4 | – | Thusani II* | |||
| Dipuno** | 37,3 | 27,8 | |||
| 1,1 | 2,5 | Other*# | 7,0 | 2,5 | |
| 98,1 | 2,5 | 44,3 | 30,3 | ||
| * | Classified as FVTPL under IFRS 9. |
| ** | This relates to the long-term portion of the loan to Dipuno. During the current year an additional R20 million was advanced as a loan to Dipuno. A day-one fair value loss of R8,0 million and an impairment of R4,5 million was recognised in the current year |
| # | Included in Other is an additional loan of R5,9 million provided as part of the Tiger Brands Enterprise Development programme. |