Notes to the Company financial statements l Note 1

1 FINANCE INCOME AND FINANCE COSTS
 

Finance income

Finance income comprises interest income on funds invested, dividend income and net foreign exchange gains. Interest income is recognised as it accrues in profit or loss, using the effective interest method. Dividend income is recognised when the right to receive payment is established.

Finance costs

Refer to note 2.5 of the Group financial statements for the applicable accounting policy.

  2015
Rm		   2014
Rm		  
Interest income 140   24  
Dividend income 23 700   20 650  
Finance income 23 840   20 674  
Interest on borrowings –   (3)  
Foreign exchange losses (273)   (35)  
Interest paid – other (12)   –  
Finance costs (285)   (38)  
Net finance income recognised in profit or loss 23 555   20 636