CFSL - Annual report 2018

EXPLANATORY NOTES 30 SEPTEMBER 2018 18. OTHER ASSETS (CONT’D) (c) Consumable biological assets Sep-18 Sep-17 GROUP MUR m MUR m Livestock At 1 October 2.0 2.0 Additions 1.8 - Cost of sales (1.1) (1.0) Gain arising from changes in fair value 0.5 1.0 At 30 September 3.2 2.0 19. INVENTORIES Sep-18 Sep-17 GROUP MUR m MUR m Cost Consumables 5.6 8.2 5.6 8.2 The cost of inventories recognised as expense and included in cost of sales amounted to MUR 12m (2017: MUR 17m). The inventories have been provided as security for borrowings taken by the Group. 20. INVESTMENT IN SUBSIDIARIES Sep-18 Sep-17 COMPANY MUR m MUR m At 1 October 1,786.5 2,022.5 Additions 205.8 519.5 Share buyback (69.5) - Disposal - (755.5) At 30 September 1,922.8 1,786.5 The subsidiary Lavastone Ltd redeemed part of its shares issued to the company for non-cash consideration, through offsetting of the amount due by the company to the subsidiary. The additions during the year include MUR 84.3m which had not yet been settled at the reporting date. 103 CIM FINANCIAL SERVICES LTD ANNUAL REPORT 2018