Page 102

AFRICAN DAWN Annual Report 2016

continued Notes to the Financial Statements Annual Financial Statements For the year ended 29 February 2016 37. Risk management Risk (continued) Group 2016 R’000 Carrying amount Security held Trade and other receivables for which collateral is held 6,199 5,971 Group 2015 R’000 Carrying amount Security held Trade and other receivables for which collateral is held 11,972 9,361 h. The group has not taken possession of any collateral it holds in 2016 and 2015. The company does not hold any collateral against trade and other receivables. Analysis of the statement of profit or loss and other comprehensive income (“SOCI”) No financial instruments are classified as held to maturity, available for sale or at fair value through profit or loss. The SOCI is analysed below: Group 2016 R’000 Loans and receivables Liabilities at amortised cost Not a financial instrument Balance SOCI Interest income - normal and deemed 22,992 - 7 22,999 Interest income - on impaired financial assets 2,225 - - 2,225 Interest expense normal and deemed - 2,633 937 3,570 Impairment 1,906 - - 1,906 Gains/losses - - - - Group 2015 R’000 Loans and receivables Liabilities at amortised cost Not a financial instrument Balance SOCI Interest income - normal and deemed 16,514 92 2 16,608 Interest income - on impaired financial assets 7,639 - - 7,639 Interest expense normal and deemed - 3,131 3932 7,063 Impairment (2,307) - 2,902 (595) Gains/losses - - - - Company 2016 R’000 Loans and receivables Liabilities at amortised cost Not a financial instrument Balance SOCI Interest income - normal and deemed 753 92 - 845 Interest expense normal and deemed 2,710 265 3,344 6,319 Impairment 17,058 - - 17,058 Company 2015 R’000 Loans and receivables Liabilities at amortised cost Not a financial instrument Balance SOCI Interest income - normal and deemed 753 92 - 845 Interest expense normal and deemed 2,710 265 3,344 6,319 Impairment 17,058 - - 17,058 100 AFRICAN DAWN ANNUAL REPORT 2016


AFRICAN DAWN Annual Report 2016
To see the actual publication please follow the link above