ASB
The Accounting Standards Board has no loans from any entity in China, nor has it had any loans during the past three years.
CBDA
Co-operative Banks Development Agency has never borrowed from any entity from China.
DBSA
a) (i) NONE
(ii) N/A
b) N/A
(c) N/A
(d) N/A
FAIS OMBUD
Zero
FIC
(a)(i)(ii) No amount was borrowed from any entity in China in each of the past three financial years since 1 April 2018.
(b)(c)(d) Not relevant to the Financial Intelligence Centre
FSCA
Financial Sector Conduct Authority
(a) +(b) Not applicable
GEPF
The Government Employees Pension Fund has no loans from any entity in China.
GPAA
The Government Pensions Administration Agency (GPAA) never took any loans with any entity in China since 1 April 2018 and in the past 3 financial years.
LAND BANK
The Land Bank’s borrowings from entities in China in each of the past three financial years and since 1 April 2015 are summarised as follows:
Financial Year |
Lender |
Loan Conditions |
Repayment Period |
Loan |
|
Amount |
Outstanding |
||||
FY2016 |
¹RMB/CCB Syndicated Loan |
To apply the amounts borrowed for general corporate purposes |
3 years |
CCB R275m Other R500m |
Voluntary Prepaid on 29 September 2017 Amount outstanding: R0 |
FY2016 |
Absa/SBSA R2.7bn Syndicated Government Guaranteed Term Loan Facility |
To increase the maturity profile of the Land Bank’s funding liabilities |
Facility A – 6 years Facility B – 7 years |
Facility A ²BOC R77m Other R1 527m Facility B BOC R77m Other R1 019m |
Facility A (Bullet) BOC R77m Other R1 003m (R524m voluntary prepaid on 31 May 2018) Facility B (Amortising) BOC R65m Other R289m (R679m prepaid on 29 June 2018) |
FY2017 |
None |
||||
FY2018 |
None |
||||
YTD |
None |
¹Rand Merchant Bank/China Construction Bank (“CCB”)
²Bank of China (“BOC”)
The table above shows that a total amount of R429m has been borrowed from Chinese entities during the past three financial years and that no borrowings have been raised during the current financial year that started on1 April 2018. As at 31 August 2018, the outstanding borrowings from entities in China amounted to R142m calculated as follows:
Total loans received from Chinese entities: R429m
Voluntary Prepayments: (R275m)
Instalments Paid: (R12m)
Loan Amount Outstanding 31 August 2018: R142m
PFA
a) The Office of the Pension Funds Adjudicator has not borrowed money from China in the past three financial years and since 01 April 2018.
PIC
The Public Investment Corporation (PIC) has never borrowed any money from any entity in China.
SARS
SARS has not borrowed any amount from any entity in China in the past 3 years or since April 2018 and therefore section b, c and d of the question is not applicable.
SASRIA
Sasria SOC Ltd is self-funded, with no loan facilities and has not held any loan facility in the past three financial years. Therefore, there has not been any borrowings from any entity in China.
TAX OMBUD
The Office of the Tax Ombud has not borrowed money from any entity from China.