Page 73 - Stellar IAR2015

6. INVESTMENTS IN CONSOLIDATED SUBSIDIARIESR’000Held by Stellar Capital Partners Ltd:ConvergeNet Management Services (Pty) Ltd Chrystalpine Investments 9 (Pty) Ltd1 ConvergeNet SA (Pty) Ltd2Northbound Communication Solutions (Pty) Ltd2 Simat Management Company SA (Pty) Ltd2 Structured Connectivity Solutions (Pty) Ltd2Held by ConvergeNet SA (Pty) Ltd:Navix Distribution (Pty) Ltd2Held by Chrystalpine Investments 9 (Pty) Ltd:Andrews Kit (Pty) Ltd1Subsidiaries that provide support to the Company’s investmentIssued share capital (R)Voting powerCarrying amount1001001001001001002014100% 100% 100% 100%51% 100%2014- - - - - -100100activities are consolidated and referred to as Consolidated Subsidiaries.100% 100%-- -1 During the current year, the Company sold Chrystalpine Investments Group (incorporating Andrews Kit (Pty) Ltd) and Structured Connectivity Solutions (Pty) Ltd, which were classi ed as a disposal group held for sale in the previous reporting period. The loss on sale of the disposal group is included in loss from discontinued operations (refer to notes 12 and 33).2 In addition to the disposal group held for sale, the Company also disposed of ConvergeNet SA (Pty) Ltd, along with its 100% held subsidiary, Navix Distribution (Pty) Ltd, Northbound Communication Solutions (Pty) Ltd and Simat Management Company SA (Pty) Ltd (refer to note 33).R’000Reconciliation of investments in Consolidated SubsidiariesCarrying value at 1 September 2013Impairment (refer to note 21)Transferred to disposal group classi ed as held for sale (refer to note 12)Company2014134 941(34 822) (100 119) -2015100% 0% 0% 0% 0% 0%0% 0%2015- - - - - -- --2015- - --STELLAR CAPITAL PARTNERS | 69