| 2018 R’000 |
2017 R’000 |
|||||
| M | DISTRIBUTIONS | |||||
| Declared and paid during the year | ||||||
| Final dividend for 2017: 76 cents per share (2016: 54 cents per share) | 113 928 | 80 949 | ||||
| Interim dividend for 2018: 86 cents per share (2017: 63 cents per share) | 128 918 | 94 440 | ||||
| Total declared and paid | 242 846 | 175 389 | ||||
| M.1 | Declared subsequent to the reporting date | Declared subsequent to the reporting date|||||
| Final dividend for 2018: 86 cents per share (2017: 76 cents per share) | 128 918 | 110 671 | ||||
| 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. | ||||||
| The following related party transactions occurred: | ||||||
| Interest received | ||||||
| Adcock Ingram Healthcare Proprietary Limited | 6 281 | 1 852 | ||||
| Dividends received | ||||||
| Adcock Ingram Intellectual Property Proprietary Limited | – | 245 000 | ||||
| Adcock Ingram Limited India | 15 759 | 5 387 | ||||
| 15 759 | 250 387 | |||||
| Dividends Paid | ||||||
| Adcock Ingram Limited | 6 942 | 5 014 | ||||
| The related balances (where applicable) are shown in note F. Refer to Annexure H for nature of the relationships of related parties. |