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Annual integrated report 2011


Annexure B

INTEREST IN SUBSIDIARIES

        Effective Group holding (%)
Principal subsidiaries Nature of business Issued share
capital (Rm)
  2011   2010 2009
Direct              
Clinical Partners (Proprietary) Limited Specialised managed healthcare     100   100 100
Health Management Technologies (Proprietary) Limited Property owning     100   100 100
Medicross Healthcare Group (Proprietary) Limited Healthcare services     100   100 100
Netcare 911 (Proprietary) Limited Emergency medical services     100   100 100
Netcare Health Systems (Proprietary) Limited Healthcare management services     100   100 100
Netcare Hospital Group (Proprietary) Limited Investment holding     100   100 100
Netcare Hospitals (Proprietary) Limited Hospital/healthcare services     100   100 100
Netcare International SA (Proprietary) Limited Investment holding     100   100 100
Netcare Management (Proprietary) Limited Management services     100   100 100
Netcare Prefshare Holdings (Proprietary) Limited Investment holding     100   100 100
Netcare Redeemable Preference Share Investments              
(Proprietary) Limited Financing     100   100 100
Netpartner Investments Limited Investment holding 6   100   100 100
Traumanet (Proprietary) Limited Investment holding     100   100 100
Indirect              
Alberlito Hospital (Proprietary) Limited Hospital/healthcare services     80   80 80
Alberlito Hospital Properties (Proprietary) Limited Property owning     80   80 80
BMI Healthcare Limited (note 2) Hospital/healthcare services     100   100 100
Bougainville Private Hospital (Proprietary) Limited Hospital/healthcare services     99   99 96
Clindeb Investments (Proprietary) Limited Financing     100   100 100
Community Hospital Group (Proprietary) Limited Hospital/healthcare services     100   100 100
Constantia Clinic (Proprietary) Limited (note 3) Hospital/healthcare services           50
General Healthcare Group Limited (note 2) Hospital/healthcare services 12   50   50 50
Netcare Healthcare UK Limited (note 2) Healthcare services     50   50 50
Netcare Hospital Management (Proprietary) Limited Management services     100   100 100
Netcare Life Limited Life insurance     100   100 100
Netcare Parklands Linac Joint Venture (Proprietary) Limited (note 4) Providers of radiation therapy treatments     75   75  
Netcare PPP Holdings (Proprietary) Limited Investment holding     100   100 100
Netcare Property Holdings (Proprietary) Limited Property owning     100   100 100
Netcare St Anne’s Linac Joint Venture (Proprietary) Limited (note 5) Providers of radiation therapy treatments     63   63  
Pedalclip Limited (note 2) Investment holding     50   50 50
Prime Cure Holdings (Proprietary) Limited Primary care     100   100 100
St Augustine’s Hyperbaric Joint Venture              
(Proprietary) Limited Hyperbaric oxygen therapy     61   61 61
Waterfall City Hospital (Proprietary) Limited Hospital/healthcare services     80   80  
Other              
    17          
Loans to/(from) subsidiaries disclosed in:              
Non-current assets              
Current assets              
Current liabilities              
               

        Investment (Rm)
Principal subsidiaries Nature of business Issued share
capital (Rm)
  2011   2010 2009
Direct              
Clinical Partners (Proprietary) Limited Specialised managed healthcare            
Health Management Technologies (Proprietary) Limited Property owning     16   16 16
Medicross Healthcare Group (Proprietary) Limited Healthcare services     841   821 544
Netcare 911 (Proprietary) Limited Emergency medical services     388   186 208
Netcare Health Systems (Proprietary) Limited Healthcare management services            
Netcare Hospital Group (Proprietary) Limited Investment holding     3 464   2 877 3 899
Netcare Hospitals (Proprietary) Limited Hospital/healthcare services     100   94 86
Netcare International SA (Proprietary) Limited Investment holding         4 2
Netcare Management (Proprietary) Limited Management services     48   45 32
Netcare Prefshare Holdings (Proprietary) Limited Investment holding            
Netcare Redeemable Preference Share Investments              
(Proprietary) Limited Financing         1 3
Netpartner Investments Limited Investment holding 6   8   8 141
Traumanet (Proprietary) Limited Investment holding           5
Indirect              
Alberlito Hospital (Proprietary) Limited Hospital/healthcare services            
Alberlito Hospital Properties (Proprietary) Limited Property owning            
BMI Healthcare Limited (note 2) Hospital/healthcare services            
Bougainville Private Hospital (Proprietary) Limited Hospital/healthcare services            
Clindeb Investments (Proprietary) Limited Financing            
Community Hospital Group (Proprietary) Limited Hospital/healthcare services            
Constantia Clinic (Proprietary) Limited (note 3) Hospital/healthcare services            
General Healthcare Group Limited (note 2) Hospital/healthcare services 12          
Netcare Healthcare UK Limited (note 2) Healthcare services            
Netcare Hospital Management (Proprietary) Limited Management services            
Netcare Life Limited Life insurance            
Netcare Parklands Linac Joint Venture (Proprietary) Limited (note 4) Providers of radiation therapy treatments            
Netcare PPP Holdings (Proprietary) Limited Investment holding            
Netcare Property Holdings (Proprietary) Limited Property owning            
Netcare St Anne’s Linac Joint Venture (Proprietary) Limited (note 5 ) Providers of radiation therapy treatments            
Pedalclip Limited (note 2) Investment holding            
Prime Cure Holdings (Proprietary) Limited Primary care     1   1  
St Augustine’s Hyperbaric Joint Venture              
(Proprietary) Limited Hyperbaric oxygen therapy            
Waterfall City Hospital (Proprietary) Limited Hospital/healthcare services            
Other       6   6 18
    17   4 872   4 059 4 954
Loans to/(from) subsidiaries disclosed in:              
Non-current assets              
Current assets              
Current liabilities              
               

        Loans to/(from) subsidiaries (Rm)
Principal subsidiaries Nature of business Issued share
capital (Rm)
  2011   2010 2009
Direct              
Clinical Partners (Proprietary) Limited Specialised managed healthcare         (8) (8)
Health Management Technologies (Proprietary) Limited Property owning            
Medicross Healthcare Group (Proprietary) Limited Healthcare services            
Netcare 911 (Proprietary) Limited Emergency medical services            
Netcare Health Systems (Proprietary) Limited Healthcare management services           (918)
Netcare Hospital Group (Proprietary) Limited Investment holding            
Netcare Hospitals (Proprietary) Limited Hospital/healthcare services         (98) (60)
Netcare International SA (Proprietary) Limited Investment holding            
Netcare Management (Proprietary) Limited Management services     (23)   17 (44)
Netcare Prefshare Holdings (Proprietary) Limited Investment holding            
Netcare Redeemable Preference Share Investments              
(Proprietary) Limited Financing            
Netpartner Investments Limited Investment holding 6   (8)   (8) (141)
Traumanet (Proprietary) Limited Investment holding            
Indirect              
Alberlito Hospital (Proprietary) Limited Hospital/healthcare services            
Alberlito Hospital Properties (Proprietary) Limited Property owning            
BMI Healthcare Limited (note 2) Hospital/healthcare services            
Bougainville Private Hospital (Proprietary) Limited Hospital/healthcare services            
Clindeb Investments (Proprietary) Limited Financing         1 494 1 530
Community Hospital Group (Proprietary) Limited Hospital/healthcare services            
Constantia Clinic (Proprietary) Limited (note 3) Hospital/healthcare services            
General Healthcare Group Limited (note 2) Hospital/healthcare services 12          
Netcare Healthcare UK Limited (note 2) Healthcare services            
Netcare Hospital Management (Proprietary) Limited Management services            
Netcare Life Limited Life insurance            
Netcare Parklands Linac Joint Venture (Proprietary) Limited (note 4 ) Providers of radiation therapy treatments            
Netcare PPP Holdings (Proprietary) Limited Investment holding            
Netcare Property Holdings (Proprietary) Limited Property owning         (1)  
Netcare St Anne’s Linac Joint Venture (Proprietary) Limited (note 5 ) Providers of radiation therapy treatments            
Pedalclip Limited (note 2) Investment holding            
Prime Cure Holdings (Proprietary) Limited Primary care            
St Augustine’s Hyperbaric Joint Venture              
(Proprietary) Limited Hyperbaric oxygen therapy            
Waterfall City Hospital (Proprietary) Limited Hospital/healthcare services            
Other           (33) (58)
    17   (31)   1 363 301
Loans to/(from) subsidiaries disclosed in:              
Non-current assets           1 494 1 530
Current assets           17  
Current liabilities       (31)   (148) (1 229)
        (31)   1 363 301
Notes
1 All companies are incorporated in South Africa unless otherwise stated.
2 Incorporated in the United Kingdom.
3 Constantia Clinic (Proprietary) Limited became a joint venture with effect from 1 October 2009. Refer to Annexure C.
4 Netcare Parklands Linac Joint Venture (Proprietary) Limited became a subsidiary with effect from 1 October 2009.
5 Netcare St Anne’s Linac Joint Venture (Proprietary) Limited became a subsidiary with effect from 1 October 2009.