Interfront 2025 Annual Report

International Frontier Technologies SOC Ltd Trading as Interfront Financial Statements for the year ended 31 March 2025 157 FINANCIAL INFORMATION Notes to the Financial Statements 22 Related parties (continued) Figures in Rand 2025 2024 Related party balances Receivables from exchange transactions with related parties Trade receivables: SARS 13 893 656 30 127 051 The trade receivables with the shareholder represent amounts receivable for services rendered at arm’s length transactions. Payables from exchange transactions with related parties Trade payables: SARS 684 878 436 692 The trade payable represents amounts owing to SARS for amounts paid on our behalf for insurance and also internal audit services performed at arm’s length. Rendering of services to related parties South African Revenue Services 222 191 618 192 549 415 Remuneration of management Management class: Executive management 2025 Basic salary Bonuses and performance related payments Other short‑term employee benefits Other benefits received Total Name M. Pepperell 1 484 791 207 996 – 24 458 1 717 245 N. Mohoto 1 316 448 160 551 – 21 701 1 498 700 S. Mtsweni 1 376 186 173 837 12 876 22 679 1 585 578 W. Barratt 1 988 141 251 137 5 143 32 701 2 277 122 D. De Kock (9 months) 1 721 678 322 946 9 116 28 302 2 082 042 J. Bain (3 months) 555 000 – 2 190 9 125 566 315 T. Fry (3 months) 473 661 – 3 030 7 793 484 484 L. Hunkin (3 months) 360 000 – – 5 931 365 931 9 275 905 1 116 467 32 355 152 690 10 577 417 2024 Basic salary Bonuses and performance related payments Other short‑term employee benefits Other benefits received Total Name M. Pepperell 1 403 120 158 876 – 23 657 1 585 653 N. Mohoto 1 205 246 115 201 1 407 20 341 1 342 195 S. Mtsweni 1 304 976 124 734 15 705 22 013 1 467 428 W. Barratt 1 882 381 179 040 10 960 31 689 2 104 070 D. De Kock 2 178 556 246 680 12 673 36 653 2 474 562 7 974 279 824 531 40 745 134 353 8 973 908