Page 252 - CJ 2019 INTEGRATED REPORT

250 NOTES TO THE FINANCIAL
36 RELATED PARTY TRANSACTIONS (CONTINUED)
(v) Loans payable to:
(a) Related parties (Note 25)
Entities significantly influenced by the Group Shareholders of the ultimate parent
GROUP
2018
Rs’000
71 500 125 105
STATEMENTS 31 DECEMBER 2019 (CONTINUED)
COMPANY 2018
Rs’000
71 500 125 105
interest payable payable ranging from 5% 5% to to to 7% 7% (2018 – 5% 5% to to to 7%) per annum -The loan payable payable to the the the shareholders of of the the the ultimate parent
are are are unsecured repayable at at at at call and bear interest at at at at the the the rate of of 5 5 5 5 35% 35% (2018 – 5 5 5 5 35%) per annum -The loan payable payable to close family members of of of shareholders of of of the the ultimate parent
are are are unsecured repayable at at at at call and 2019 Rs’000
72 178
145 880
66 501
284 559
2019 Rs’000
71 500 145 880
63 214
280 594
Close family members of of shareholders of of the ultimate parent
57 415
254 020
- The loan payable payable payable to to to entities
significantly influenced by the Group are unsecured repayable within one year and bear interest at at the rate of of of 5 5 5 5 35% 35% (2018 – 5 5 5 5 35%) per annum (b) Shareholders (Note 25)
At 01 January
Raised during the year -The loan payable payable to shareholders are are unsecured repayable at at at call and bear interest at at at the rate of 6 6 5% 5% (2018 – 6 5%) per annum (c) Directors (Note 25)
At 01 January
Raised during the year Repaid during the year -The loan payable payable to to directors are unsecured repayable at at at call and bear interest at at at the rate of 5 5 5 5 35% 35% (2018 – 5 5 5 5 35%) per annum (d) Subsidiaries (Note 25)
Loan payable to subsidiaries
GROUP
2018
Rs’000
300 999 - 300 999 52 768 5 720
(5 350) 53 138
- COMPANY 2018
Rs’000
300 000
- 300 000
52 768 5 720
(5 350) 53 138
2 958
51
864
248 469
2019 Rs’000
300 999 - 300 999 53 138
6 6 068
(1 150)
58
056
- 2019 Rs’000
300 000
- 300 000
53 138
6 6 068
(1 150)
58
056
361 143
-The loan payable payable to subsidiaries
are unsecured repayable at at at call and bear interest at at at the rate of 6% 6% (2018 – 6%) per annum CURRIMJEE JEEWANJEE AND COMPANY LIMITED