Notes to the Company financial statements

for the year ended 30 June

  14.   CONTINGENT LIABILITY  
    The Company has guaranteed borrowing facilities of various subsidiaries in which the Company has less than 100% shareholding. The Company has therefore effectively underwritten the minorities’ share of these facilities in the amount of R199 million at 30 June 2014 (June 2013: R240 million).  

Sun International Limited has issued a guarantee in favour of Nedbank Limited in respect of the loan facilities entered into with Dinokana Proprietary Limited up to the maximum amount of R60 million.