NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS – NOTE N

    2016
R’000
  2015
R’000
 
N. RELATED PARTIES        
  Related party transactions exist between the Company and other subsidiaries within the Adcock Ingram Group. All transactions with related parties are concluded at arm’s length. –   976  
  The following related party transactions occurred:        
  Interest received        
  Adcock Ingram Healthcare Proprietary Limited 27 074   21 981  
  Dividends received        
  Adcock Ingram Intellectual Property Proprietary Limited 300 000   –  
  Adcock Ingram Limited India 4 656   –  
    304 656   –  
  Dividends Paid        
  Adcock Ingram Limited 5 614   –  
  The related balances (where applicable) are shown in note F. Refer to Annexure H for nature of the relationships of related parties.

NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS – NOTE N