ANNUAL FINANCIAL STATEMENTS 2024

for the year ended 30 September 2024

17 Other investments*

 

  GROUP   COMPANY
(R'million) 2024 2023   2024 2023
Listed, at fair value through OCI1 318,4 332,6   15,4 11,1
Unlisted, at fair value through P&L 15,8 17,1   15,8 17,1
Employer controlled reserve invested by one pension fund on behalf of Tiger Brands Limited          
– Defined benefit (refer note 30) 9,6 8,7      
BEE Phase II empowerment entities preference shares (refer note 33.8)       2 469,6 1 805,3
Funds in escrow2 200,9 203,1      
  544,7 561,5   2 500,8 1 833,5

1 Listed investments comprise Oceana Limited, Adcock Ingram Holdings Limited, Spar Limited and JSE Limited (company-listed investments include JSE Limited only)
2 Funds in escrow 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
* Refer to note 33.8 for fair value disclosures