ArcelorMittal South Africa 2007 Annual Report Page 190
Annexure 1: Unlisted equity accounted investments
Percentage
holding
Group carrying
amount
Company carrying
amount
Number
of shares
held
2007
%
2006
%
2007
Rm
2006
Rm
2007
Rm
2006
Rm
Year end
other than
31 December
JOINTLY CONTROLLED
ENTITIES
Unlisted shares
• Collect-a-Can
(Proprietary) Limited
2 400 000
60
60
15
12
2
2
• Consolidated Wire
Industries (Proprietary)
Limited
1 999 999
50
50
60
56
14
14
• Ensimbini Terminals
(Proprietary) Limited
1 000
50
50
16
12
10
10
30 June
• Macsteel International
Holdings BV
35 001
50
50
1 003
867
• Microsteel (Proprietary)
Limited
2 000
50
50
30 June
• Pietersburg Iron Company
(Proprietary) Limited
4 000
50
50
3
6
6
6
Associate
Unlisted shares
• Toyota Tsusho South Africa
Processing (Proprietary)
Limited
20
20
12
16
31 March
Total investment
1 109
953
48
32
Directors’ valuation of unlisted
shares in jointly controlled
entities and an associate
1 184
1 037
48
32
Where the above entities’ financial year-ends are not co-terminous with that of the group and company, financial information has
been obtained from management accounts.
