for the six months ended 30 September 2014
Reviewed |
Reviewed |
Audited |
|
---|---|---|---|
Rm |
Rm |
Rm |
|
Non current other financial assets consist of: | 56 | 76 | 74 |
Total other financial assets consist of: | 690 | 1 143 | 261 |
Held-to-maturity | |||
Repurchase agreements | 500 | 910 | - |
At fair value through profit or loss | |||
Derivative instruments | 190 | 233 | 261 |
Forward exchange contracts | 77 | 112 | 139 |
Firm commitments | 1 | - | 4 |
Cross currency swaps | 112 | 121 | 118 |
Less: Current portion of other financial assets | 634 | 1 067 | 187 |
Held-to-maturity | |||
Repurchase agreements | 500 | 910 | - |
At fair value through profit or loss | |||
Derivative instruments | 134 | 157 | 187 |
Forward exchange contracts | 77 | 112 | 139 |
Firm commitments | 1 | - | 4 |
Cross currency swaps | 56 | 45 | 44 |
Repurchase agreements | |||
The Group manages a portfolio of repurchase agreements, with a view of generating additional investment income on the favourable interest rates and security provided on these instruments. The repurchase agreements are shortterm, usually seven days and are held to maturity. |