Land bank and DBSA responses are provided below, however, IDC does not report to the National Treasury.
LAND BANK RESPONSES:
(a) (b) (iii)
Distinction between current and non – current assets:
The Group presents the assets and liabilities in decreasing order of liquidity as it provides information that is more reliable and relevant than a current/non-current presentation because the Group does not supply goods or services within a clearly identifiable operating cycle.
Gross Loans by Maturity Value |
||||
Group 2017 R’000 |
Group 2016 R’000 |
Bank 2017 R’000 |
Bank 2016 R’000 |
|
< 3 Months |
7 685 650 |
6 209 050 |
7 685 650 |
6 209 050 |
3 – 6 months |
4 793 132 |
4 606 878 |
4 793 132 |
4 606 878 |
6 – 9 months |
3 533 562 |
1 506 583 |
3 533 562 |
1 506 583 |
9 – 12 months |
1 004 508 |
545 831 |
1 004 508 |
545 831 |
1 – 5 years |
4 351 860 |
9 082 557 |
4 351 860 |
9 082 557 |
> 5 years |
21 655 326 |
16 873 417 |
21 655 326 |
16 873 417 |
TOTAL |
43 024 038 |
38 824 315 |
43 024 038 |
38 824 315 |
(aa) Listed Investments:
(aaa) Held directly:
Listed investment (1) |
||||
Group 2017 R’000 |
Group 2016 R’000 |
Bank 2017 R’000 |
Bank 2016 R’000 |
|
Rhodes Food Group Holdings Limited |
197 000 |
- |
197 000 |
- |
(bbb) Held indirectly:
Assets earmarked for medical aid liabilities Listed investments |
||||
Group 2017 R’000 |
Group 2016 R’000 |
Bank 2017 R’000 |
Bank 2016 R’000 |
|
Local equity |
242 749 |
230 734 |
242 749 |
230 734 |
Local bonds |
53 187 |
33 594 |
53 187 |
33 594 |
Foreign equity |
49 582 |
63 794 |
49 582 |
63 794 |
TOTAL |
345 518 |
328 122 |
345 518 |
328 122 |
The assets earmarked for medical aid liabilities are managed through a mandate by Coronation Asset Managers.
(bb) Unlisted investments:
(aaa) Held directly:
Unlisted investments (2) |
||||
Group 2017 R’000 |
Group 2016 R’000 |
Bank 2017 R’000 |
Bank 2016 R’000 |
|
Capespan Capital (Pty) Ltd |
1 288 |
849 |
1 288 |
849 |
Acorn Agri (Pty) Ltd |
75 000 |
- |
75 000 |
- |
TOTAL |
76 288 |
849 |
76 288 |
849 |
Investments in Land Bank 100% owned subsidiaries |
||||
Group 2017 R’000 |
Group 2016 R’000 |
Bank 2017 R’000 |
Bank 2016 R’000 |
|
Land Bank Life Insurance Company (Life Insurer) |
- |
- |
30 |
30 |
Land Bank Insurance Company (Short term Insurer) |
- |
- |
350 000 |
200 000 |
TOTAL |
- |
- |
350 030 |
200 030 |
(bbb) Held indirectly:
Assets earmarked for medical aid liabilities Unlisted investments |
||||
Group 2017 R’000 |
Group 2016 R’000 |
Bank 2017 R’000 |
Bank 2016 R’000 |
|
Commodities – Local ETF |
2 514 |
3 563 |
2 514 |
3 563 |
Cash – Local |
11 834 |
25 272 |
11 834 |
25 272 |
TOTAL |
14 348 |
25 835 |
14 348 |
28 835 |
The assets earmarked for medical aid liabilities are managed through a mandate by Coronation Asset Managers.
Investments held by subsidiaries (LBIC) |
||
Group 2017 R’000 |
Group 2016 R’000 |
|
Equities |
412 151 |
474 424 |
Commodities |
35 568 |
33 064 |
Collective investment schemes |
370 893 |
354 568 |
Bonds |
247 763 |
259 810 |
Cash deposits and similar securities |
146 564 |
178 045 |
Investment Policy |
13 980 |
33 986 |
TOTAL |
1 226 920 |
1 333 897 |
The above listed investments held by subsidiaries are managed through mandates by with the following Asset Managers:
DBSA RESPONSE:
2. Equity Investment YE 2016/2017 |
|
Unlisted |
Beyond 12 months |
Direct Investments |
|
Ohorongo |
81 313 764 |
Proparco |
452 956 708 |
The Currency Exchange Fund |
578 411 113 |
Indirect Investments - Private Equity Investments |
|
African Agriculture Fund (Phatisa) |
176 917 010 |
AgrieVie (Strategy Partners) |
152 856 925 |
African Health Fund (Aureos) |
243 667 465 |
African Infrastructure Investment Fund |
394 847 707 |
Convergence Partners |
82 385 417 |
Emerging Capital Partners |
615 555 323 |
Ethos |
1 |
HIFSA |
1 867 607 518 |
International Housing Solutions |
190 242 204 |
Medu Capital |
18 699 500 |
PAIDF |
882 236 100 |
PAIDF 2 |
21 936 838 |
PAIP |
- |
Shanduka |
- |
Trinitas |
76 847 532 |
Vantage Capital |
136 027 906 |
Frandevco |
- |
One and only Cape Town Holdings |
- |
StarSat |
- |
Development Bank of Zambia |
- |
Total equity investments |
5 972 509 032 |