ANNUAL FINANCIAL STATEMENTS 2023

For the year ended 30 September 2023

35 INTEREST IN SUBSIDIARY COMPANIES
 
      Effective
percentage holding
Company’s interest
shares at cost
(net of impairment)
  Principal place
of business
Functional
currency
2023
(%)
2022
(%)
2023
(R’million)
2022 
Restated#
(R’million) 
Bromor Foods (Proprietary) Limited South Africa South African rand 100,0 100,0 1 184,6 1 184,6
Chocolaterie Confiserie Camerounaise1 Cameroon CFA franc 74,7 74,7 152,7 152,7
Davita Trading (Proprietary) Limited South Africa South African rand 100,0 100,0 1 381,6 1 381,6
Deli Foods Nigeria Limited Nigeria Nigerian naira 100,0 100,0
Designer Group Holdings Limited South Africa South African rand 100,0 100,0 132,1 132,1
Durban Confectionery Works (Proprietary) Limited South Africa South African rand 100,0 100,0 63,4 63,4
Langeberg and Ashton Foods (Proprietary) Limited South Africa South African rand 100,0 100,0 85,8 85,8
Langeberg Holdings Limited South Africa South African rand 100,0 100,0 140,8 140,8
Pharma I Holdings (Proprietary) Limited South Africa South African rand 100,0 100,0
Tiger Brands International Holdings Limited Mauritius US dollar 100,0 100,0 337,9 337,9
Tiger Brands Nigeria Limited Nigeria Nigerian naira 99,0 99,0
Tiger Brands PID No.1 (Proprietary) Limited South Africa South African rand 100,0 100,0 0,8 0,8
Tiger Consumer Brands Limited South Africa South African rand 100,0 100,0 594,3 588,5
Tiger Food Brands Intellectual Property Holding Company (Proprietary) Limited South Africa South African rand 100,0 100,0 17,3 17,3
          4 091,3 4 085,5

# Refer to note 36 for details on restatements
1 All year ends are 30 September, except for Chocolaterie Confiserie Camerounaise, which has a 31 December year end

All rand amounts of less than R100 000 are shown as nil in the above table.