Notes to the Company financial statements l Note 4

4 INVESTMENT IN SUBSIDIARIES
 

The Company accounts for investment in subsidiaries at cost, less accumulated impairment losses. Interest-free loans owing to the Company by its subsidiaries, with no repayment terms are included in the cost of the investment.

Refer to note 1.3.1 of the Group financial statements for the applicable accounting policy regarding interests in subsidiaries.

The Group structure and Company’s subsidiaries are disclosed in note 9.1 of the Group financial statements.


  2015
Rm
  2014
Rm
 
Total interest in Mobile Telephone Networks Holdings Proprietary Limited 19 353   19 166  
Total interest in MTN Group Management Services Proprietary Limited 57   57  
Total interest in subsidiary companies 19 410   19 223