Notes to the Company financial statements

for the year ended 30 June

    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.