2016  R’000			2015  R’000
17.	INTEREST IN ASSOCIATES
	Unlisted associates	83 716			85 953
	Net asset value at acquisition	64 350			45 558
	Inherent goodwill	17 246			40 395
	Transfer as a result of unbundling	12 819			–
	Impairment	(10 699)			–
	Investments in associates at cost net of impairments	83 716			85 953
	Attributable share of post-acquisition reserves of associates	(4 509)			(1 711)
	At beginning of year	(1 711)			(18 244)
	Share of current year earnings net of dividends	2 919			15 634
	Share of movement in other reserves	(237)			899
	Reversal of prior year reserves on becoming subsidiary, disposal or change in shareholding	(5 480)			–
	Advances to associates	37 696			55 906
		116 903			140 148
	Unsecured advances to associates bear interest at rates of between 1,0% and 2,4% (2015: 2,4% and 3,7%) and have no fixed terms of repayment.
	A list of the group’s associates, their country of incorporation and principal place of business, the group’s percentage shareholding and an indication of their nature of business is included in annexure A of these financial statements.
	No individual associate is considered to be material, thus no summarised financial information is supplied in these financial statements.