Annual Report 2019

Statements of Financial Position 30 SEPTEMBER 2019 GROUP COMPANY NOTES Sep-19 Sep-18 Sep-19 Sep-18 MUR m MUR m MUR m MUR m ASSETS Cash and bank balances 13 444.5 526.1 12.6 107.9 Deposits with banks 14 507.0 1,026.0 - 524.5 Net investment in leases and other credit agreements 15 8,769.1 7,637.7 - - Loans and advances 16 3,708.7 2,865.6 2,991.9 1,105.5 Investments in financial assets 17 8.9 1,598.9 0.8 1,590.9 Other assets 18 435.3 676.1 200.4 948.0 Inventories 19 3.7 5.6 - - Investments in subsidiaries 20 - - 1,130.3 1,922.8 Investments in associates 21 141.0 177.5 10.4 16.2 Investment properties 22 - 1,216.5 - 33.5 Property, plant and equipment 23 638.9 1,585.8 - - Intangible assets 24 88.3 106.7 0.1 0.1 Income tax assets 11 18.3 - - - Post employment benefit assets 25 - 7.2 - - Deferred tax assets 26 47.1 83.0 - - Total assets 14,810.8 17,512.7 4,346.5 6,249.4 LIABILITIES Deposits from customers 27 - 3,426.6 - - Other borrowed funds 28 9,094.8 5,949.8 1,203.3 1,396.9 Other liabilities 29 1,438.7 1,341.4 3.8 131.1 Income tax liabilities 11(b) 6.1 33.0 2.7 - Post employment benefit liabilities 25 94.4 87.6 37.7 40.9 Deferred tax liabilities 26 1.3 28.4 - - Total liabilities 10,635.3 10,866.8 1,247.5 1,568.9 EQUITY Stated capital 31 680.5 680.5 680.5 680.5 Retained earnings 2,983.7 4,999.9 2,422.6 4,003.8 Revaluation and other reserves 511.3 646.1 (4.1) (3.8) Equity attributable to owners of the parent 4,175.5 6,326.5 3,099.0 4,680.5 Non controlling interests - 319.4 - - Total equity 4,175.5 6,645.9 3,099.0 4,680.5 Total equity and liabilities 14,810.8 17,512.7 4,346.5 6,249.4 These financial statements have been approved for issue by the Board of Directors on 12 December 2019. Colin Taylor Mark Van Beuningen Non-Executive Director and Chairman Executive Director and Group Chief Executive The notes on pages 72 to 157 form an integral part of these financial statements. Auditors’ report on pages 60 to 65. CIM FINANCIAL SERVICES LTD / ANNUAL REPORT 2019 68