ANNUAL FINANCIAL STATEMENTS 2024

for the year ended 30 September 2024

18 Loans

 

  GROUP   COMPANY
(R'million) 2024 2023   2024 2023
Loans to empowerment entities          
Dipuno1 51,2 47,2      
Other2 7,0 7,1   1,0 1,0
  58,2 54,3   1,0 1,0

1 This relates to the long-term portion of the loan to Dipuno. During the current year no additional amount (2023: Rnil) was advanced as a loan to Dipuno
2 Included in Other is a loan of R6,0 million (2023: R6,0 million) provided as part of the Tiger Brands Enterprise Development programme

All investments are measured at FVTOCI, except for the investment in subsidiary companies in terms of IFRS 2, which is measured at FVTPL.