Annual Report 2009

Subsidiaries

 
 
              Book value of interest  
  Issued share          % held             Shares               Amounts
              owing to
 
  capital 
  2009   2008   2009
Rm’s
  2008
Rm’s
  2009
Rm’s
  2008
Rm’s
 
Held by Italtile Limited                            
RETAILING                            
Italtile Ceramics Limited 36 383 618    100   100   1   1   145   133  
   
Issued share
capital
  Effective %
shareholding
    2009
R
  2008
R
  2009   2008  
Held by subsidiaries                  
FRANCHISING                  
Italtile Franchising (Pty) Limited   1 000   1 000   100   100  
Italtile Mauritius (Pty) Limited##   1 589   1 589   100   100  
                   
PROPERTY INVESTMENT                  
Allmuss Properties (Pty) Limited   1 500   1 500   100   100  
Allmuss (Botswana) (Pty) Limited###   4 651   4 651   100   100  
Allmuss Properties Namibia (Pty) Limited ####   100   100   100   100  
Allmuss Lesotho (Pty) Limited#####   1 000   1 000   100   100  
Allmuss Properties Kenya Limited*   464 000     100    
Allmuss Properties (Uganda) Limited**   5 825 590     55    
Allmuss Properties Zambia Limited***   10 000     55    
Emerald Sky Trading 736 (Pty) Limited   100     100    
F. B. Ashman (Pty) Limited   100   100   100   100  
Magnolia Ridge Properties 291 (Pty) Limited   100     100    
                   
SUPPORT SERVICES                  
Cladding Finance (Pty) Limited   100   100   100   100  
Earlyworks 191 (Pty) Limited   100   100   100   100  
International Tap Distributors (Pty) Limited   200   200   79   79  
Majuba Aviation (Pty) Limited   150     100    
Penates Logistics (Pty) Limited   100   100   100   100  
                   
RETAILING                  
Ceramic Tile Projects (Pty) Limited   1 000     100    
CTM Kenya Limited*   464 000     55    
Italtile Australia (Pty) Limited#   57 072 821   57 072 821   70,1   70,1  
Italtile Retail (Pty) Limited   1 000   200   55    
Italtile Zambia Limited***   10 000   100   55   100  
Orban Investments 375 (Pty) Limited####   1 000     100    
#Incorporated in Australia.
##Incorporated in Mauritius.
###Incorporated in Botswana.
####Incorporated in Namibia.
#####Incorporated in Lesotho.
*Incorporated in Kenya.
**Incorporated in Uganda.
***Incorporated in Zambia.