CFSL - Annual report 2018

EXPLANATORY NOTES 30 SEPTEMBER 2018 21. INVESTMENT IN ASSOCIATES (CONT’D) (c) Summarised financial information in respect of the Group’s associates 2018 Li & Fung (Mauritius) Ltd - Group ** iVeri Payment Technologies Proprietary Ltd Touchpoint Payment Proprietary Limited iVeri Global Limited Blue Nile Holding Ltd MUR m MUR m MUR m MUR m MUR m Current assets 56.7 25.9 0.4 - 323.3 Non current assets - 10.0 22.0 13.6 - Current liabilities (2.9) (12.6) (2.4) (2.7) (0.2) Non current liabilities - - - - - Net assets 53.8 23.3 20.0 10.9 323.1 Ownership interest 40% 49% 42% 49% 33% Share of net assets 21.5 11.4 8.3 5.3 105.3 Goodwill (19.5) 47.4 (2.3) - - Carrying value of associates 2.0 58.8 6.0 5.3 105.3 Revenue 3.7 - - 7.2 - Profit/(loss) for the year 1.2 (5.6) 4.8 (3.6) (19.3) Other comprehensive income for the year (1.2) (0.7) (0.1) - - Total comprehensive income for the year - (6.3) 4.7 (3.6) (19.3) Group’s share of profit/(loss) for the year 0.5 (2.7) 2.0 (1.8) (6.3) Group’s share of total comprehensive income for the year - (3.1) 2.0 (1.8) (6.3) Dividend received during the year - - - - - ** Figures include Li & Fung Ltd and Dodwell Ltd 108 CIM FINANCIAL SERVICES LTD ANNUAL REPORT 2018