Note 13: Other financial assets

for the six months ended 30 September 2014

 
Reviewed
Six months ended
30 September 2014
Reviewed
Six months ended
30 September 2013
Audited
Year ended
31 March 2014
 
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.