The following transactions are independent of one another. Both entities have a December financial year$-$end. Where applicable, all transactions have been recorded for

the $2022$ financial year. For the $2023$ financial year, all transactions must still be recorded.

Transaction $1$:

On $1$ February $2023,$ Investfin Ltd purchased $9900$ ordinary shares on the JSE Ltd for

share trading purposes. The purchase price and fair value at the acquisition date

amounted to R$135$ per share, with related transaction costs amounting to R$6$ per

share. The fair value of the $9900$ ordinary shares was R$1050000$ on $31$ December

$2023.$

Transaction $2$:

Leather Goods $($Pty$)$ Ltd acquired a large manufacturing machine on $1$ October $2022$

from a local supplier to use in its production process. The machine, which has a cost

price of R$1200000,$ was purchased on credit $($normal credit terms$)$ as Leather Goods

$($Pty$)$ Ltd did not have sufficient cash resources to settle the purchase price

immediately.

The agreement between Leather Goods $($Pty$)$ Ltd and the supplier stipulated that:

$$ The R$1200000$ capital be paid on $30$ September $2026$; and

$$ Interest would not be paid on an annual basis and would accrue at $11\%$ per annum.

The total interest accrued will be paid on $30$ September $2026.$