2016  R’000		2015  R’000
11.	ACQUISITION OF BUSINESSES, SUBSIDIARIES AND ASSOCIATES
	Property, plant and equipment	(228 880)		(344 956)
	Deferred taxation	(5 695)		100 482
	Interest in associates	(5 726)		(27 176)
	Investments and advances	–		(6 948)
	Intangible assets	(800)		–
	Inventories	(67 837)		(385 657)
	Trade and other receivables	(185 102)		(1 528 364)
	Cash and cash equivalents	(10 988)		(209 449)
	Post-retirement obligations	–		12 314
	Borrowings	108 663		343 841
	Trade and other payables and provisions	183 773		938 757
	Taxation	9 340		40 189
	Net fair value of assets carried forward	(203 252)		(1 066 967)
	Goodwill	(486 542)		(1 738 080)
	Intangible assets	–		(547 469)
	Non-controlling interest	44 700		895 298
	Total value of acquisitions	(645 094)		(2 457 218)
	Less: Cash and cash equivalents acquired	10 988		209 449
	Vendors for acquisition at beginning of year	(558 315)		(459 243)
	Vendors for acquisition at end of year	513 308		558 315
	Costs incurred in respect of acquisitions	(8 947)		(43 611)
	Exchange rate adjustments	(32 577)		32 413
	Net amounts paid	(720 637)		(2 159 895)
	The group made a number of small acquisitions during the year, namely Caterfood (UK), Cimandis (UK), Knight Meats (UK), MPD (Czech Republic), Van Bennekom (Netherlands), Hume Fresh Produce and Pacific Provideros (Australia).
	These acquisitions form part of the group's strategic expansion plans in the international foodservice industry. Goodwill arose on the acquisitions as the anticipated value of future cash flows that were taken into account in determining the purchase consideration exceeded the net assets acquired at fair value. The acquisitions have enabled the group to expand its range of complementary products and services and, as a consequence, has broadened the group's base in the market place.
	There were no significant contingent liabilities identified in the businesses acquired.
	Contribution to results for the year
	Revenue	689 257		3 805 634
	Operating profit before acquisition costs	25 988		212 853
	Contribution to results for the year if the acquisitions had been effective on July 1
	Revenue	1 322 887		3 805 634
	Operating profit before acquisition costs	66 913		212 853