BISICHI MINING PLC ANNUAL REPORT 2017
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Financial statements Notes to the financial statements<br />
14. SUBSIDIARY COMPANIES<br />
The company owns the following ordinary share capital of the subsidiaries which are included within the consolidated financial statements:<br />
Activity<br />
Percentage of<br />
share capital Registered address<br />
Country of<br />
incorporation<br />
Mineral Products Limited Share dealing 100% 24 Bruton Place, London, W1J6NE England and Wales<br />
Bisichi (Properties) Limited Property 100% 24 Bruton Place, London, W1J6NE England and Wales<br />
Bisichi Northampton Limited Property 100% 24 Bruton Place, London, W1J6NE England and Wales<br />
Bisichi Trustee Limited Property 100% 24 Bruton Place, London, W1J6NE England and Wales<br />
Urban First (Northampton) Limited Property 100% 24 Bruton Place, London, W1J6NE England and Wales<br />
Bisichi Mining (Exploration) Limited Holding company 100% 24 Bruton Place, London, W1J6NE England and Wales<br />
Ninghi Marketing Limited Dormant 90.1% 24 Bruton Place, London, W1J6NE England and Wales<br />
Bisichi Mining Managements Services Limited Dormant 100% 24 Bruton Place, London, W1J6NE England and Wales<br />
Black Wattle Colliery (Pty) Limited Coal mining 62.5% Samora Machel Street, Bethal Road,<br />
South Africa<br />
Middelburg, Mpumalanga, 1050<br />
Bisichi Coal Mining (Pty) Limited Coal mining 100% Samora Machel Street, Bethal Road,<br />
South Africa<br />
Middelburg, Mpumalanga, 1050<br />
Black Wattle Klipfontein (Pty) Limited Coal mining 62.5% Samora Machel Street, Bethal Road,<br />
Middelburg, Mpumalanga, 1050<br />
South Africa<br />
Amandla Ehtu Mineral Resource<br />
Development (Pty) Limited<br />
Dormant<br />
Details on the non-controlling interest in subsidiaries are shown under note 26.<br />
15. INVENTORIES<br />
70% Samora Machel Street, Bethal Road,<br />
Middelburg, Mpumalanga, 1050<br />
South Africa<br />
Coal<br />
Washed 301 1,139<br />
Mining Production 286 83<br />
Work in progress 227 458<br />
Other 14 41<br />
828 1,721<br />
16. TRADE AND OTHER RECEIVABLES<br />
Amounts falling due within one year:<br />
Trade receivables 3,908 4,076<br />
Amount owed by joint venture 2,000 2,000<br />
Other receivables 415 754<br />
Prepayments and accrued income 94 416<br />
6,417 7,246<br />
<strong>2017</strong><br />
£’000<br />
<strong>2017</strong><br />
£’000<br />
2016<br />
£’000<br />
2016<br />
£’000<br />
76 Bisichi Mining <strong>PLC</strong>
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