Annexure G – Impairments

A.	IMPAIRMENTS IN SUBSIDIARIES
1		INTANGIBLES
				2018 R’000		2017 R'000
		The intangible impaired in the current year related to the following brand:
		Reportable segment	Brand
		Consumer	Derma Hydrate	2 700		–
		The brand has underperformed and is not forecasted to achieve the same level of profitably as initially expected which contributed to the impairment in the current financial year.
2		OTHER
		Reportable segment	Asset
		Southern Africa	Other financial assets – Black Managers Share Trust (BMT)	2 535		217
		As a result of the on-distribution of dividend income, in the accounts of the corporate beneficiaries of the BMT share option cheme, the cost of the capital contributions exceeded the terminal amount. This required an impairment of this asset in the current and prior year.
		Total		5 235		217
B.	IMPAIRMENTS IN JOINT VENTURES
1		OTHER ASSETS
		Reportable segment	Asset
		National Renal Care (Pty) Ltd	Loans Receivable	1 655		–
		The recoverability of amnounts due, granted in terms of an Enterprise and Supplier Development Plan became unlikely following a decline in trading conditions.
2		INTANGIBLES
		Reportable segment	Asset
		National Renal Care (Pty) Ltd	Goodwill	10 625		–
		Goodwill relating to Lenasia Renal Centre (Pty) Ltd was impaired as the recoverable amount is lower than the carrying value
		Total		12 280		–