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 (Cont’d) 2017 Li & Fung (Mauritius) Ltd - Group ** iVeri Payment Technologies Proprietary Ltd Touchpoint Payment Proprietary Limited evriPay Ltd evriPay ZA (Proprietary) Ltd iVeri Global Limited Blue Nile Holding Ltd First Capital Share Leasing MUR m MUR m MUR m MUR m MUR m MUR m MUR m MUR m Current assets 54.6 29.3 17.7 0.1 0.1 14.6 40.9 0.4 Non current assets 0.1 9.7 0.4 - - - 301.0 0.2 Current liabilities (2.2) (11.0) (2.7) (0.4) (0.2) (0.2) (3.8) (1.7) Non current liabilities - 1.6 0.1 - (1.7) - - - Net assets 52.5 29.6 15.5 (0.3) (1.8) 14.4 338.1 (1.1) Ownership interest 40% 49% 42% 62% 62% 49% 33% 29% Share of net assets 21.0 14.5 6.5 (0.2) (1.2) 7.1 110.2 (0.3) Goodwill (18.8) 47.4 (2.3) 0.8 7.5 - 2.7 (1.8) Carrying value of associates 2.2 61.9 4.2 0.6 6.3 7.1 112.9 (2.1) Revenue - 59.3 1.4 - 0.4 - - 639.8 Profit/(loss) for the year 0.3 (2.2) 1.3 (0.3) (0.6) 18.0 (35.4) (6.3) Other comprehensive income for the year (0.1) (0.7) (0.2) 0.1 0.1 - 0.1 - Total comprehensive income for the year 0.2 (2.9) 1.1 (0.2) (0.5) 18.0 (35.3) (6.3) Group’s share of profit/(loss) for the year 0.1 (1.1) 0.5 (0.2) (0.3) 8.8 (11.5) (1.9) Group’s share of total comprehensive income for the year 0.1 (1.4) 0.5 (0.1) (0.3) 8.8 (11.5) (1.9) (d) Share of loss not recognised amounted to MUR 0.1m for iVeri Global Limited. 109 CIM FINANCIAL SERVICES LTD ANNUAL REPORT 2018