| |
|
|
2009
R million
(Unaudited)
|
|
|
2008
R million
(Unaudited)
|
|
Year ended
30 Sept
2008
R million
(Audited)
|
| Note 12 |
|
|
|
|
|
|
|
|
| Major corporate activity |
|
|
|
|
|
|
|
|
| Acquisition of Blue Lake Investments (Pty) Limited |
|
|
|
|
|
|
|
|
| With effect from 1 October 2008 Nashua Mobile purchased 75% of the business of Blue Lake Investments (Pty) Limited, which is involved in least cost routing. The company was valued at R28 million. Reunert’s non-controlling shareholder for R7 million. |
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|
|
|
|
|
|
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| |
|
|
R million |
|
|
|
|
|
| Net assets acquired: |
|
|
|
|
|
|
|
|
| Intangible asset |
|
|
28,0 |
|
|
|
|
|
| Vendor liability |
|
|
(7,0) |
|
|
|
|
|
| Cost of investment (75%) |
|
|
21,0 |
|
|
|
|
|
| Operating profit since acquisition |
|
|
3,8 |
|
|
|
|
|
| Revenue since acquisition |
|
|
12,6 |
|
|
|
|
|
