Annexure A

INTEREST IN PRINCIPAL SUBSIDIARIES

                       
         Interest     Book value of interest 
         owned     Shares at cost  Indebtedness 
         directly or  Ordinary  less impairments  less impairments 
   Nature of  Place of  indirectly  shares in  2009  2008  2009  2008 
Company  business  incorporation  %  issue  Rm  Rm  Rm  Rm 
Imperial Mobility International BV  Note 2  Netherlands  100  150 188  1 376  1 787       
Imperial Group (Pty) Limited  Note 3  South Africa  100  165  1 400  1 400  928  881 
Associated Motor Holdings (Pty) Limited  Note 4  South Africa  90  500 000  46  46       
Imperial Financial Holdings Limited  Banking  South Africa  100  255 000 000  251  251  236  38 
Regent Insurance Company Limited  Insurance  South Africa  100  2 939 800  456  206       
Regent Life Assurance Company Limited  Life insurance  South Africa  100  2 125 000  145  145       
Imperial Capital Limited  Note 5  South Africa  100  100             
Imperilog Limited  Note 6  South Africa  100  51 015 305  102  160       
Boundlesstrade 154 (Pty) Limited  Note 7  South Africa  81  200  68  68       
Jurgens Ci (Pty) Limited  Note 8  South Africa  100  1 000  96  133       
Alert Engine Parts (Pty) Limited  Note 9  South Africa  100  7 500  88  88       
Other, including indirect interest              747  1 113  942  1 245 
               4 775  5 397  2 106  2 164 
1.  General information in respect of subsidiaries as required in terms of paragraph 69 and 70 of the Fourth schedule to the Companies Act is set out in respect of only those subsidiaries, the financial position of which is material for a proper appreciation of the affairs of the group. A full list of subsidiaries and associated companies is available on request at the company’s registered offices.
 
2.  Business conducted by Imperial Mobility International BV comprises integrated logistics solutions and vehicle sales.
 
3.  Business conducted by Imperial Group (Pty) Limited comprises vehicle rental, motor trading, tourism, automotive components, property investments, transportation, sale of motor components, panelbeating and group services.
 
4.  Business conducted by Associated Motor Holdings (Pty) Limited comprises motor vehicle importation, dealership sales and after-sales services.
 
5.  Imperial Capital Limited owns and finances assets to group companies.
 
6.  Business conducted by Imperilog Limited comprises transport logistics.
 
7.  Boundlesstrade 154 (Pty) Limited consists of a group of motor vehicle dealerships.
 
8.  Jurgens Ci (Pty) Limited is the manufacturer and distributor of leisure caravans and camping equipment.
 
9.  Alert Engine Parts (Pty) Limited is a wholesaler and retailer of motor vehicle engine parts.
 

Held by subsidiaries of Imperial Holdings

                          
         Interest                
         owned     Book value of interest 
         directly or  Ordinary  Shares at cost  Indebtedness 
   Nature of  Place of  indirectly  shares in  2009  2008  2009  2008 
Company  business  incorporation  %  issue  Rm  Rm  Rm  Rm 
Principal subsidiaries of Imperial                         
Mobility International BV                         
Imperial Logistics International GmbH  Note 2  Germany  94,8  4  1 494  1 425       
Imperial Mobility Finance Belgium GCV  Note 6  Belgium  100  81 800 000  890          
Imperial Mobility UK Co  Note 1  United Kingdom  100  103  334  439       
Wijgula  Note 2  Netherlands  100  73 440  229  259       
Associated Motors Australia (Pty) Limited  Note 3  Australia  90  81  224  197       
Imperial Mobility Deutschland                         
Beteiligungs GmbH  Note 6  Germany  100  1  193  219       
Rijnaarde B.V.  Note 2  Netherlands  100  10 000  66  75       
Imperial De Grave  Note 2  Netherlands  100  5 000  40  67       
Principal subsidiaries of Associated                         
Motor Holdings                         
Hyundai Auto South Africa (Pty) Limited  Note 4  South Africa  100  1 000  100  100       
Imperial Car Imports (Pty) Limited  Note 4  South Africa  100  10 000  6  6  23    
Imperial Daihatsu (Pty) Limited  Note 4  South Africa  99,9  10 000 000  11  11  195  227 
Kia Motors SA (Pty) Limited  Note 4  South Africa  100  25 000        107  268 
KMSA Holdings (Pty) Limited  Note 5  South Africa  75  10 000  4  4  72  72 
1.  Engaged in commercial vehicle sales and after-sales services.
 
2.  Engaged in transport and logistics.
 
3.  Engaged in dealership sales and after-sales services.
 
4.  Importer and retailer of motor vehicles, parts and accessories and after-sales services.
 
5.  Importer and retailer of motor cycles, parts and accessories and after-sales services.
 
6.  Financing. 

Material acquisitions

During the financial year under review, the group did not make any individual acquisitions that are considered material to the group results. The following amounts are disclosed:

                 
      Fair value     Contribution since 
      of net     acquisition 
   Purchase  assets        Profit 
   consideration  acquired  Goodwill  Revenue  before tax 
   Rm  Rm  Rm  Rm  Rm 
Total of material acquisitions  263  148  115  564  48