CFSL - Annual report 2018

STATEMENTS OF FINANCIAL POSITION 30 SEPTEMBER 2018 GROUP COMPANY Sep-18 Sep-17 Sep-18 Sep-17 NOTES MUR m MUR m MUR m MUR m ASSETS Cash and bank balances 13 526.1 505.4 107.9 113.5 Deposits with banks 14 1,026.0 2,738.9 524.5 2,256.1 Net investment in leases and other credit agreements 15 7,637.7 6,609.7 - - Loans and advances 16 2,865.6 2,367.6 1,105.5 2,294.6 Investments in financial assets 17 1,598.9 21.8 1,590.9 15.1 Other assets 18 676.1 546.5 948.0 377.9 Inventories 19 5.6 8.2 - - Investments in subsidiaries 20 - - 1,922.8 1,786.5 Investments in associates 21(a) 177.5 193.1 16.2 16.2 Investment properties 22 1,216.5 1,039.2 33.5 33.5 Property, plant and equipment 23(a) 1,585.8 1,199.5 - - Intangible assets 24(a) 106.7 66.1 0.1 0.2 Post employment benefit assets 25 7.2 6.8 - - Deferred tax assets 26 83.0 65.2 - - Total assets 17,512.7 15,368.0 6,249.4 6,893.6 LIABILITIES Deposits from customers 27 3,426.6 3,134.3 - - Other borrowed funds 28(a) 5,949.8 4,184.2 1,396.9 1,620.0 Other liabilities 29 1,341.4 1,159.0 131.1 97.0 Income tax liabilities 11(b) 33.0 28.3 - - Post employment benefit liabilities 25 87.6 77.7 40.9 40.2 Deferred tax liabilities 26 28.4 25.3 - - Total liabilities 10,866.8 8,608.8 1,568.9 1,757.2 EQUITY Stated capital 31 680.5 680.5 680.5 680.5 Retained earnings 4,999.9 5,171.6 4,003.8 4,455.2 Revaluation and other reserves 646.1 592.1 (3.8) 0.7 Equity attributable to owners of the parent 6,326.5 6,444.2 4,680.5 5,136.4 Non controlling interests 319.4 315.0 - - Total equity 6,645.9 6,759.2 4,680.5 5,136.4 Total equity and liabilities 17,512.7 15,368.0 6,249.4 6,893.6 These financial statements have been approved for issue by the Board of Directors on 26 December 2018. Colin Taylor Mark Van Beuningen Non-Executive Director and Chairman Executive Director and Group Chief Executive The notes on pages 62 to 139 form an integral part of these financial statements. Auditor’s report on pages 50 to 55. 58 CIM FINANCIAL SERVICES LTD ANNUAL REPORT 2018