Various transactions were entered into by the Company during the period with related parties.

The following is a summary of significant transactions with subsidiaries during the period and significant balances at the reporting date:

	2015 Rm		2014 Rm
Dividends paid
Mobile Telephone Networks Holdings Proprietary Limited	132		148
Dividends received
Mobile Telephone Networks Holdings Proprietary Limited	23 700		20 650
Management fees paid
MTN Group Management Services Proprietary Limited	(87)		(62)
Management fees received
MTN International Proprietary Limited	96		68
Professional fees paid
MTN Group Management Services Proprietary Limited	(3)		(10)
Receivables
Mobile Telephone Networks Holdings Proprietary Limited	216		6
MTN Group Management Services Proprietary Limited	12		–
Mobile Telephone Networks Proprietary Limited	10		–
MTN Dubai Limited	33		–
MTN International Proprietary Limited	21		–
Payables
MTN Group Management Services Proprietary Limited	(17)		–
MTN Dubai Limited	(5)		–

Financial guarantee contracts

Details of financial guarantee contracts are disclosed in note 13 of the Company financial statements.

Directors

Details of directors’ remuneration are disclosed in note 2 of the Company financial statements and note 10.2 of the Group financial statements.

Shareholders

The principal shareholders of the Company are disclosed in Annexure 1 which is unaudited.