| |
Current investments consist of loans and receivables, financial assets held at fair value and held-to-maturity financial assets that are accounted for in accordance with the accounting policy disclosed in note 7.1.
|
| |
2015
Rm |
|
2014
Rm |
|
| Loans and receivables |
|
|
|
|
| Foreign currency fixed deposits with fixed interest rates of 3,5% to 4,3% (2014: 2,0% to 2,8%)1 |
428 |
|
1 098 |
|
| Commercial paper with fixed interest rates of 13,5% to 13,6%2 |
374 |
|
– |
|
| Foreign currency fixed deposits with fixed interest rates of 2,0%1 |
– |
|
178 |
|
| |
802 |
|
1 276 |
|
| Financial assets held at fair value through profit or loss |
|
|
|
|
| Investment in insurance cell captives – Guardrisk (note 7.1.3) |
1 187 |
|
906 |
|
| Held-to-maturity financial assets |
|
|
|
|
| Treasury bills with fixed interest rates of 12,9% to 15,8% (2014: 10,8% to 14,5%) and maturity dates between January and July 2016 (2014: January and December 2015)2 |
6 822 |
|
3 469 |
|
| Total current investments |
8 811 |
|
5 651 |
|
1 Denominated in United States dollar.
2 Denominated in Nigerian naira. |
No allowance for impairment has been recognised as at the reporting date as all investments are considered to be
fully performing.
There were no significant disposals of held-to-maturity financial assets during 2015 and 2014. |
