200 / 280
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2014
198
BLUE LABEL INTEGRATED ANNUAL REPORT 2014
2014
R’000
2013
R’000
28.
RELATED PARTY TRANSACTIONS (continued)
Rent paid to related parties
Ellerine Bros. Proprietary Limited
6 222
5 631
Dataforce Trading 240 Proprietary Limited
2 776
2 560
Moneyline 311 Proprietary Limited
6 222
5 631
PLL Investments Proprietary Limited
1 363
2 143
Rentals paid to related parties are based on market-related rates.
Contributions to related parties
Parkrun Southern Africa Proprietary Limited
538
336
Purchases of property, plant and equipment from related parties
Bordelo Properties Proprietary Limited
3 123
—
Loans to related parties
2DFine Holdings Mauritius* (refer to note 6)
127 373
108 798
Blue Label Mexico S.A. de C.V. (refer to note 6)
1 054
—
Forensic Intelligence Data Solutions Proprietary Limited (refer to note 6)
305
—
Oxigen Services India Private Limited (refer to note 6)
25 068
18 643
ZOK Cellular Proprietary Limited (refer to note 7)
24 091
19 582
* B Levy and M Levy have signed personal sureties for the loan owed by 2DFine Holdings Mauritius to Gold Label Investments
Proprietary Limited. Their liability is limited to the difference between the sum of 50% of the loan owing and the value of
18.61% of the shares in Oxigen Services India Private Limited on the 30th day after which the loan becomes due and payable
or extended date as may be agreed in writing by Gold Label Investments Proprietary Limited.