| |
Current investments consist of loans and receivables, available-for-sale financial assets,
financial assets held at fair value through profit or loss and held-to-maturity financial assets
that are accounted for in accordance with the accounting policy disclosed in note 7.1.
| |
2017
Rm |
|
2016
Rm |
|
| Loans and receivables |
|
|
|
|
| Foreign currency fixed deposits with fixed interest rates of 0,4% to 8% (2016: 4,7% to 10%)1 |
1 759 |
|
340 |
|
| Commercial paper with fixed interest rates of 4,7% to 10%2 |
– |
|
262 |
|
| Foreign currency fixed deposits with a fixed interest rate of 9%3 |
– |
|
17 |
|
| Foreign currency fixed deposits with a fixed interest rate of 0,03%4 |
281 |
|
– |
|
| |
2 040 |
|
619 |
|
| Financial assets held at fair value through profit or loss |
|
|
|
|
| Investment in insurance cell captives – Guardrisk (note 7.1.3) |
1 362 |
|
1 201 |
|
| Treasury bills with fixed interest rates of 17,7% to 17,8% (2016: 17,8% to 18,5%) and maturity dates between May and June 2018 (2016: June and December 2017)2 |
307 |
|
669 |
|
| |
1 669 |
|
1 870 |
|
| Held-to-maturity financial assets |
|
|
|
|
| Treasury bills with fixed interest rates of 17,8% to 18,6% (2016: 12,7% to 22,7%) and maturity dates between January and
May 2018 (2016: February and November 2017)2 |
1 468 |
|
5 087 |
|
| Treasury bill with a fixed interest rate of 10,5% and a maturity date of June 20183 |
32 |
|
– |
|
| |
1 500 |
|
5 087 |
|
| Available-for-sale |
|
|
|
|
| Treasury bills with fixed interest rates of 14,9% to 18,6% (2016: 18,5%) and maturity dates between February and August 2018 (2016: August and December 2017)2 |
343 |
|
282 |
|
| Total current investments |
5 552 |
|
7 858 |
|
| 1 |
Denominated in United States dollar. |
| 2 |
Denominated in Nigerian naira. |
| 3 |
Denominated in Rwandan franc. |
| 4 |
Denominated in euro. |
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 2017 or 2016. |
