| 2014 Rm |
2013 Rm |
||
2. |
Investments |
||
Associates |
|||
Two Rivers Platinum (Group note 8 (i)) |
|||
| Beginning of the year | 45 | 93 | |
| Payments received on shareholders’ loan | – | (50) | |
| Interest (note 11) | – | 2 | |
| End of the year | 45 | 45 | |
Makgomo Chrome (Group note 8 (ii)) |
|||
| Beginning of the year | 61 | 61 | |
| Acquisition of shareholding | – | – | |
| End of the year | 61 | 61 | |
Joint venture |
|||
Mimosa (Group note 8(iii)) |
|||
| End of the year | 376 | 376 | |
Total investments in associates and joint venture |
482 | 482 | |
Investments in subsidiaries* |
4 937 | 6 443 | |
Total loans to subsidiaries* |
11 959 | 11 962 | |
| * Refer note 37 of consolidated financial statements |