6. Ausmanco (Pty) Ltd Health Risk Management Botswana (Pty) Ltd Total R'm R'm R'm Opening balance – – – Addition of equity investment 166(a) *(c) 166 Share of profit after tax and other income 1(b) 4(d) 5 Closing balance 167 4 171 * (a) (b) (c) (d) Ausmanco (Pty) Ltd Health Risk Management Botswana (Pty) Ltd Total Summarised statement of comprehensive income R'm R'm R'm Revenue 10 49 59 Interest income 2 – 2 Interest expense – (1) (1) Income tax expense – (3) (3) Net profit/(loss) for the year 8 11 19 Ausmanco (Pty) Ltd Health Risk Management Botswana (Pty) Ltd Total Summarised statement of financial position R'm R'm R'm Current Assets 27 18 45 Non-Current Assets 36 9 45 Current liabilities (2) (10) (12) Non-current liabilities (36) (10) (46) 25 7 32 Net Assets The table below provides summarised financial information for the Group’s material joint ventures. The information disclosed reflects the amounts presented in the financial statements of the relevant joint ventures and not PPS`s share of those amounts. Reconciliation to carrying value as at 31 December 2023: Denotes a value less than R1 million Translated at average rate of BWP/ZAR at 1.3651 2023 2023 Translated at transaction spot rate of AUD/ZAR at 12.7954 Translated at average rate of AUD/ZAR at 12.2587 Translated at transaction spot rate of BWP/ZAR at 1.3677 on 31 March 2023 and BWP/ZAR at 1.3879 on 31 November 2023 Investment in Associates and Joint Ventures (continued) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) for the year ended 31 December 2023 141 Notes to the Consolidated Financial Statements
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