ArcelorMittal South Africa Annual Report 2009 Annexure 1: Equity-accounted investments Percentage holding Group carrying amount Company carrying amount Functional currency Number of shares held 2009 % 2008 % 2009 Rm 2008 Rm 2009 Rm 2008 Rm Year-end other than 31 December JOINTLY CONTROLLED ENTITIES Unlisted shares •  Collect-a-Can (Proprietary) Limited ZAR       2 400 000      60 60 14 17 2 2 •  Consolidated Wire Industries (Proprietary) Limited ZAR       1 999 999     50 50 98 90 14 14 •  Ensimbini Terminals (Proprietary) Limited ZAR 1 000     50 50 17 12 10 10 30 June •  Macsteel International Holdings BV USD 35 001     50 50  1 6711      802 •  Microsteel (Proprietary) Limited ZAR 2 000     50 50 36 36 37 36 30 June •  Pietersburg Iron Company (Proprietary) Limited ZAR 4 000     50 50 (3) (1) 14 6 ASSOCIATES Listed shares •  Coal of Africa Limited AUD      76 808 846 16.2 522 524 30 June Unlisted shares •  Toyota Tsusho South Africa Processing (Proprietary) Limited ZAR 20 20 20 14 12 16 16 31 March Total investment 2 369    1 968       617 84 Directors valuation of unlisted shares in jointly controlled entities and an associate 2 783     2001 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.