| |
| Investments consist of held-to-maturity and available-for-sale financial assets that are
accounted for in accordance with the accounting policy disclosed in note 7.1. |
| |
2017
Rm |
|
2016
Rm |
|
Held-to-maturity financial assets
|
|
|
|
|
| Treasury bills and bonds with fixed rates of 4,5% to 6,3% and maturity dates between 2018 and 20191 |
– |
|
221 |
|
| Available-for-sale financial assets |
|
|
|
|
| Investment in IHS2 |
27 045 |
|
11 240 |
|
| Unlisted equity investment |
641 |
|
380 |
|
| |
27 686 |
|
11 841 |
|
| 1 |
Denominated in Côte d’Ivoire Communauté Financière Africaine franc. |
| 2 |
The investment in IHS mainly increased during the current year due to the exchange of the group’s 51% interest in
Nigeria Tower InterCo B.V. the parent company of INT Towers Limited (INT), the Nigerian telecom tower operator, for
an additional shareholding in IHS Holding Limited (notes 2.3 and 7.1.3). |
The recoverability of the investments was assessed at the reporting date and was found not
to be impaired. |
