This is the estimated fair value of the contingent consideration relating to the acquisition of Glen Eden Trading 58 Proprietary Limited (refer to note 8.6). The contingent consideration was settled in the 2018 financial year.

In the current financial year Sanlam had contributed 28.7% which amounts to R55.9 million to the WAD contingent consideration payment, in order to retain their non-controlling level of ownership in ACT Healthcare Assets Proprietary Limited.

In the Company results this is disclosed in the Statement of Comprehensive Income and in Group results this is included in equity under the Statement of Financial Position as Capital contribution by non-controlling interest.