Annexure B

INTEREST IN SUBSIDIARIES

			Effective Group holding (%)
Principal subsidiaries	Nature of business	Issued share capital (Rm)	2011	2010	2009
Direct
Clinical Partners (Proprietary) Limited	Specialised managed healthcare		100	100	100
Health Management Technologies (Proprietary) Limited	Property owning		100	100	100
Medicross Healthcare Group (Proprietary) Limited	Healthcare services		100	100	100
Netcare 911 (Proprietary) Limited	Emergency medical services		100	100	100
Netcare Health Systems (Proprietary) Limited	Healthcare management services		100	100	100
Netcare Hospital Group (Proprietary) Limited	Investment holding		100	100	100
Netcare Hospitals (Proprietary) Limited	Hospital/healthcare services		100	100	100
Netcare International SA (Proprietary) Limited	Investment holding		100	100	100
Netcare Management (Proprietary) Limited	Management services		100	100	100
Netcare Prefshare Holdings (Proprietary) Limited	Investment holding		100	100	100
Netcare Redeemable Preference Share Investments
(Proprietary) Limited	Financing		100	100	100
Netpartner Investments Limited	Investment holding	6	100	100	100
Traumanet (Proprietary) Limited	Investment holding		100	100	100
Indirect
Alberlito Hospital (Proprietary) Limited	Hospital/healthcare services		80	80	80
Alberlito Hospital Properties (Proprietary) Limited	Property owning		80	80	80
BMI Healthcare Limited (note 2)	Hospital/healthcare services		100	100	100
Bougainville Private Hospital (Proprietary) Limited	Hospital/healthcare services		99	99	96
Clindeb Investments (Proprietary) Limited	Financing		100	100	100
Community Hospital Group (Proprietary) Limited	Hospital/healthcare services		100	100	100
Constantia Clinic (Proprietary) Limited (note 3)	Hospital/healthcare services				50
General Healthcare Group Limited (note 2)	Hospital/healthcare services	12	50	50	50
Netcare Healthcare UK Limited (note 2)	Healthcare services		50	50	50
Netcare Hospital Management (Proprietary) Limited	Management services		100	100	100
Netcare Life Limited	Life insurance		100	100	100
Netcare Parklands Linac Joint Venture (Proprietary) Limited (note 4)	Providers of radiation therapy treatments		75	75
Netcare PPP Holdings (Proprietary) Limited	Investment holding		100	100	100
Netcare Property Holdings (Proprietary) Limited	Property owning		100	100	100
Netcare St Anne’s Linac Joint Venture (Proprietary) Limited (note 5)	Providers of radiation therapy treatments		63	63
Pedalclip Limited (note 2)	Investment holding		50	50	50
Prime Cure Holdings (Proprietary) Limited	Primary care		100	100	100
St Augustine’s Hyperbaric Joint Venture
(Proprietary) Limited	Hyperbaric oxygen therapy		61	61	61
Waterfall City Hospital (Proprietary) Limited	Hospital/healthcare services		80	80
Other
		17
Loans to/(from) subsidiaries disclosed in:
Non-current assets
Current assets
Current liabilities

			Investment (Rm)
Principal subsidiaries	Nature of business	Issued share capital (Rm)	2011	2010	2009
Direct
Clinical Partners (Proprietary) Limited	Specialised managed healthcare
Health Management Technologies (Proprietary) Limited	Property owning		16	16	16
Medicross Healthcare Group (Proprietary) Limited	Healthcare services		841	821	544
Netcare 911 (Proprietary) Limited	Emergency medical services		388	186	208
Netcare Health Systems (Proprietary) Limited	Healthcare management services
Netcare Hospital Group (Proprietary) Limited	Investment holding		3 464	2 877	3 899
Netcare Hospitals (Proprietary) Limited	Hospital/healthcare services		100	94	86
Netcare International SA (Proprietary) Limited	Investment holding			4	2
Netcare Management (Proprietary) Limited	Management services		48	45	32
Netcare Prefshare Holdings (Proprietary) Limited	Investment holding
Netcare Redeemable Preference Share Investments
(Proprietary) Limited	Financing			1	3
Netpartner Investments Limited	Investment holding	6	8	8	141
Traumanet (Proprietary) Limited	Investment holding				5
Indirect
Alberlito Hospital (Proprietary) Limited	Hospital/healthcare services
Alberlito Hospital Properties (Proprietary) Limited	Property owning
BMI Healthcare Limited (note 2)	Hospital/healthcare services
Bougainville Private Hospital (Proprietary) Limited	Hospital/healthcare services
Clindeb Investments (Proprietary) Limited	Financing
Community Hospital Group (Proprietary) Limited	Hospital/healthcare services
Constantia Clinic (Proprietary) Limited (note 3)	Hospital/healthcare services
General Healthcare Group Limited (note 2)	Hospital/healthcare services	12
Netcare Healthcare UK Limited (note 2)	Healthcare services
Netcare Hospital Management (Proprietary) Limited	Management services
Netcare Life Limited	Life insurance
Netcare Parklands Linac Joint Venture (Proprietary) Limited (note 4)	Providers of radiation therapy treatments
Netcare PPP Holdings (Proprietary) Limited	Investment holding
Netcare Property Holdings (Proprietary) Limited	Property owning
Netcare St Anne’s Linac Joint Venture (Proprietary) Limited (note 5 )	Providers of radiation therapy treatments
Pedalclip Limited (note 2)	Investment holding
Prime Cure Holdings (Proprietary) Limited	Primary care		1	1
St Augustine’s Hyperbaric Joint Venture
(Proprietary) Limited	Hyperbaric oxygen therapy
Waterfall City Hospital (Proprietary) Limited	Hospital/healthcare services
Other			6	6	18
		17	4 872	4 059	4 954
Loans to/(from) subsidiaries disclosed in:
Non-current assets
Current assets
Current liabilities

			Loans to/(from) subsidiaries (Rm)
Principal subsidiaries	Nature of business	Issued share capital (Rm)	2011	2010	2009
Direct
Clinical Partners (Proprietary) Limited	Specialised managed healthcare			(8)	(8)
Health Management Technologies (Proprietary) Limited	Property owning
Medicross Healthcare Group (Proprietary) Limited	Healthcare services
Netcare 911 (Proprietary) Limited	Emergency medical services
Netcare Health Systems (Proprietary) Limited	Healthcare management services				(918)
Netcare Hospital Group (Proprietary) Limited	Investment holding
Netcare Hospitals (Proprietary) Limited	Hospital/healthcare services			(98)	(60)
Netcare International SA (Proprietary) Limited	Investment holding
Netcare Management (Proprietary) Limited	Management services		(23)	17	(44)
Netcare Prefshare Holdings (Proprietary) Limited	Investment holding
Netcare Redeemable Preference Share Investments
(Proprietary) Limited	Financing
Netpartner Investments Limited	Investment holding	6	(8)	(8)	(141)
Traumanet (Proprietary) Limited	Investment holding
Indirect
Alberlito Hospital (Proprietary) Limited	Hospital/healthcare services
Alberlito Hospital Properties (Proprietary) Limited	Property owning
BMI Healthcare Limited (note 2)	Hospital/healthcare services
Bougainville Private Hospital (Proprietary) Limited	Hospital/healthcare services
Clindeb Investments (Proprietary) Limited	Financing			1 494	1 530
Community Hospital Group (Proprietary) Limited	Hospital/healthcare services
Constantia Clinic (Proprietary) Limited (note 3)	Hospital/healthcare services
General Healthcare Group Limited (note 2)	Hospital/healthcare services	12
Netcare Healthcare UK Limited (note 2)	Healthcare services
Netcare Hospital Management (Proprietary) Limited	Management services
Netcare Life Limited	Life insurance
Netcare Parklands Linac Joint Venture (Proprietary) Limited (note 4 )	Providers of radiation therapy treatments
Netcare PPP Holdings (Proprietary) Limited	Investment holding
Netcare Property Holdings (Proprietary) Limited	Property owning			(1)
Netcare St Anne’s Linac Joint Venture (Proprietary) Limited (note 5 )	Providers of radiation therapy treatments
Pedalclip Limited (note 2)	Investment holding
Prime Cure Holdings (Proprietary) Limited	Primary care
St Augustine’s Hyperbaric Joint Venture
(Proprietary) Limited	Hyperbaric oxygen therapy
Waterfall City Hospital (Proprietary) Limited	Hospital/healthcare services
Other				(33)	(58)
		17	(31)	1 363	301
Loans to/(from) subsidiaries disclosed in:
Non-current assets				1 494	1 530
Current assets				17
Current liabilities			(31)	(148)	(1 229)
			(31)	1 363	301

Notes
1 All companies are incorporated in South Africa unless otherwise stated.
2 Incorporated in the United Kingdom.
3 Constantia Clinic (Proprietary) Limited became a joint venture with effect from 1 October 2009. Refer to Annexure C.
4 Netcare Parklands Linac Joint Venture (Proprietary) Limited became a subsidiary with effect from 1 October 2009.
5 Netcare St Anne’s Linac Joint Venture (Proprietary) Limited became a subsidiary with effect from 1 October 2009.

^ back to top of page