Peregrine annual report 2009 » Details of associate companies

Peregrine annual report 2009 » Financials » Details of associate companies – Annexure B

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as at 31 March

Annexure B

	Group
	CAM Fund Management Ltd¹	Citadel Trust Ltd¹	Caveo Fund Solutions (Pty) Ltd²	Orthogonal Investments (Pty) Ltd²	Stenpark Management IC³	CAFM Investment (Pty) Ltd²	Total
	R’000	R’000	R’000	R’000	R’000	R’000	R’000
2009

Percentage held	50.0%	49.0%	49.9%	30.0%	50.0%	33.3%
Shares at cost	37	61	-	7 500	194	-	7 792
Share of post aquisition reserves	3 001	386	308	(3 780)	1 285	-	1 200
	3 038	447	308	3 720	1 479	-	8 992
Loan	-	-	-	-	-	-	-
Cost	-	-	-	12 987	-	-	12 987
Impairment	-	-	-	(12 987)	-	-	(12 987)

	3 038	447	308	3 720	1 479	-	8 992
Summarised financial information:
Assets	16 409	1 978	3 574	632	4 520	-	27 113
Liabilities	11 902	1 090	3 257	13 233	833	-	30 315
	4 507	888	317	(12 601)	3 687	-	(3 202)
Revenue	64 258	9 347	10 822	2 397	17 365	-	104 189
Profit/(loss)	10 974	387	(400)	(5 624)	13 986	-	19 323
2008
Percentage held	50.0%	49.0%	49.9%	30.0%	-	33.3%	-
Shares at cost	37	61	-	7 500	-	35	7 633
Share of post aquisition reserves	1 790	197	2 053	(2 093)	-	(35)	1 912
	1 827	258	2 053	5 407	-	-	9 545
Loan	-	-	-	7 424	-	-	7 424
	1 827	258	2 053	12 831	-	-	16 969
Summarised financial information:
Assets	20 266	1 587	8 074	703	-	-	30 630
Liabilities	11 970	1 086	4 265	7 680	-	-	25 001
	8 296	501	3 809	(6 977)	-	-	5 629
Revenue	63 794	5 577	17 378	1 649	-	552	88 951
Profit/(loss)	19 052	8	3 820	(6 977)	-	(59)	15 844

1. Wealth management 2. Asset management 3. Property management

All associate companies are incorporated in the Republic of South Africa, with the exception of CAM Fund Management Ltd, which is incorporated in Guernsey and Stenpark Management IC which is incorporated in Jersey, Channel Islands.
All associate companies’ reporting dates are 31 March, with the exception of CAM Fund Management Ltd, which is
31 December.