Exxaro Resources Limited
Group and company annual financial statements for the year ended 31 December 2024 
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Chapter 17Subsidiaries

  • 17.3Transactions with subsidiaries

17.3.1 Revenue

Company
For the year ended 31 December Note 2024
Rm
2023
Rm
Corporate management services rendered to the following subsidiaries: 6.1.2 1 634 1 543
Exxaro Coal Proprietary Limited
1 116 1 070
Exxaro Coal Mpumalanga Proprietary Limited
459 432
Other subsidiaries
59 41
Dividend revenue from the following subsidiaries: 6.1.2 5 120 4 767
Exxaro Coal Proprietary Limited1
4 719 3 910
Eyesizwe (RF) Proprietary Limited
374 362
Rocsi Holdings Proprietary Limited1
27 495
Interest revenue from the following subsidiaries: 6.1.2 386 463
From interest-bearing back-to-back loans receivable with:
377 443
– Exxaro Coal Proprietary Limited
377 443
From interest-bearing acquisition loans receivable with:
1 4
– Exxaro Aga Setshaba NPC
1 4
From treasury facilities receivable with:
8 16
– Other subsidiaries
8 16
1  Relates to dividends in specie.

17.3.2 Finance costs

Company
For the year ended 31 December Note 2024
Rm
2023
Rm
Interest expense on treasury facilities payable with:  12.1.2  (1 212) (1 053)
Exxaro Coal Proprietary Limit
(967) (964)
Exxaro Coal Mpumalanga Proprietary Limited 
(245) (88)
Other subsidiaries

(1)