2019
%
2018
%
2019
R’000
2018
R’000
 
5. INVESTMENT IN SUBSIDIARIES          
  Bidfood Limited(1) 100 100 11 11  
  Bidcorp International Limited(2) 100 100 1 254 897 1 254 897  
  Bidcorp Foodservice International Limited(2) 100 100 1 440 209 1 440 209  
  Bidvest Food Mauritius Limited(3) 100 100 #  
  Crown Food Ingredients Zambia Limited(4) 60 60 3 652 3 652  
  Bidvest Food Malawi(5) 60 60  
  Bidcorp Food Africa Proprietary Limited 100 100 3 053 173 3 053 173  
  Bidcorp Food Property Proprietary Limited 100 100 851 028 851 028  
  BTW Investments Proprietary Limited 100 100 883 461 981 875  
        7 486 431 7 584 845  
 
Country of incorporation if not South Africa:
(1) Botswana
(2) Isle of Man
(3) Mauritius
(4) Zambia
(5) Malawi
# Amounts below R1 000

Investment in subsidiaries is reflected at cost less accumulated impairment losses. Refer to note 2 for the impairment losses that were recognised during the year.

A list of indirectly held subsidiaries is available for inspection at the registered office of the company.