Page 84 - Stellar IAR2015

NOTES TO THE ANNUAL FINANCIAL STATEMENTS (CONTINUED)16. FAIR VALUE ADJUSTMENTSR’000Realised (losses) / gains on investments (refer to note 3) Unrealised losses on investments (refer to note 3)17. INTEREST REVENUER’000GroupGroupCompany2014 2014- - -Company2014 20142015(534) (20 800)860 (446)2015(618) (21 330)(21 334)414(21 948)2015Loan investmentsLoans to portfolio companiesOther nancial assetsBank 7912 506 8 031 783 2 9881 052 - 6 563 298201512 506 8 031 783 76924 3087 694Company2014 2014-- 50 - 507 91322 0891 052 - 6 56318. OTHER INCOMER’000Pro t / loss-sharing arrangement1 Raising fees on loansSundry incomeWrite-o of loans owing2Group1 Income from the pro t / loss-sharing arrangement results from proceeds being received from ASOF in the amount of 10 cents per MRI share initially acquired from ASOF, less the loss recognised in respect of the recognition of a payable owing to ASOF (refer to note 15).2 As part of the settlement of the sale proceeds of a previously Consolidated Subsidiary, loans owing to it by another Consolidated Subsidiary were written back by agreement. The loans owing were previously eliminated upon consolidation.19. FINANCE COSTSR’000Financial liabilitiesSARS interest and penalties20. MANAGEMENT FEER’000GroupCompany201420142 356 - 2 356Group and Company 201420159 928 - (1 636)8 292Base feePerformance feeRecoveries -- --No performance fees were payable for the year under review.The Company incurred expenses on behalf of the Manco which were recovered from the base management fee.80 | STELLAR CAPITAL PARTNERS20156 346 909 101 --- 277 10 57620156 346 909 85 -7 3562015- 20210 8532 356 47 3402015- 1562022 360156