| |
|
|
2017 |
|
| |
|
| |
Non-current |
|
|
|
|
|
| |
Loans receivable (Note 11.1.1) |
|
347 |
|
381 |
|
| |
Available-for-sale financial assets (Note 11.3) |
|
83 |
|
43 |
|
| |
|
|
430 |
|
424 |
|
| |
Current |
|
|
|
|
|
| |
Financial assets at fair value through profit or loss (Note 11.2) |
|
328 |
|
244 |
|
| |
Cash held in restricted deposits (Note 11.1.2) |
|
3 567 |
|
3 245 |
|
| |
Public debts and bonds (Note 11.1.3) |
|
637 |
|
– |
|
| |
|
|
4 532 |
|
3 489 |
|
| |
|
|
|
|
| 11.1.1 |
Loans receivable |
|
|
|
|
|
| |
Loans to VM, SA non-controlling interests |
|
281 |
|
297 |
|
| |
Loans with a combined nominal value of US$24.9 million, bearing interest at three-month
LIBOR plus 5%, secured by shares in VM, SA and repayable on 30 June 2026, were advanced
to non-controlling interests in VM, SA. |
|
|
|
|
|
| |
Other loans receivable |
|
66 |
|
84 |
|
| |
|
|
347 |
|
381 |
|
| 11.1.2 |
Cash held in restricted deposits |
|
3 567 |
|
3 245 |
|
| |
The carrying amount approximates fair value and is mainly represented by cash from MPesa
activities which is held in accounts with reputable financial institutions. |
|
|
|
|
|
| 11.1.3 |
Public debts and bonds |
|
637 |
|
– |
|
| |
During the year the Group invested in Tanzania Treasury bills maturing between 5 April 2018
and 20 September 2018, bearing interest at between 3.40% and 7.79%. |
|
|
|
|
|
| |
|
|
|
|
| |
Unit trust investments |
|
328 |
|
244 |
|
| |
Fair value of unit trust investments are determined with reference to quoted market prices
while the fair value of the equity linked notes were determined using valuation models. |
|
|
|
|
|
| |
|
|
|
|
| |
Unlisted equity investments |
|
83 |
|
43 |
|
| |
The carrying amount of available-for-sale financial assets carried at cost, approximates its fair
value. A register with details of the entities and the percentages of share capital and voting
power, if different, held in each unlisted investment is available for inspection at the Group’s
registered office. |
|
|
|
|
|