138 C I M F I N A N C I A L S E R V I C E S L T D 13. CASH AND CASH EQUIVALENTS 14. DEPOSITS WITH BANKS GROUP COMPANY Sep-21 MUR m Sep-20 MUR m Sep-21 MUR m Sep-20 MUR m Cash and bank balances 341.8 460.7 280.7 18.1 Loans at call receivable (note 18) - - 32.9 143.4 Bank overdrafts (note 27) (24.5) - (1.7) - Cash and cash equivalents 317.3 460.7 311.9 161.5 The bank overdrafts are secured by floating charges on the assets of the borrowing companies (note 27 (a)). The rate of interest varies between 3.60% and 4.80% (2020: 3.45% and 4.80%) for the loans and varies between 3.45% and 12% (2020: 3.45% and 12%) for the bank overdrafts. GROUP COMPANY Sep-21 MUR m Sep-20 MUR m Sep-21 MUR m Sep-20 MUR m Deposit with banks 426.7 510.8 426.7 - Expected credit loss (0.6) (0.6) (0.6) - 426.1 510.2 426.1 - The deposit with banks are analysed as follows: Current 125.2 310.6 125.2 - Non current 300.9 199.6 300.9 - 426.1 510.2 426.1 - GROUP COMPANY Gross carrying amount ECL Gross carrying amount ECL Stage1 Stage1 Stage1 Stage1 MUR m MUR m MUR m MUR m At 1 October 2020 510.8 0.6 - - Amalgamation effect - - 510.8 0.6 Additions 102.1 - 102.1 - Transfer (48.2) - (48.2) - Recovered (138.0) - (138.0) - At 30 September 2021 426.7 0.6 426.7 0.6 GROUP COMPANY Gross carrying amount ECL Gross carrying amount ECL Stage1 Stage1 Stage1 Stage1 MUR m MUR m MUR m MUR m At 1 October 2019 507.6 0.6 - - Additions 3.2 - - - At 30 September 2020 510.8 0.6 - - The above deposits carry interest rates ranging between 1.5% and 3.65% and have maturity dates ranging from November 2021 to May 2026. All the deposits are performing and classified under stage 1. Explanatory Notes 30 SEPTEMBER 2021 E x p l a n a t o r y N o t e s
RkJQdWJsaXNoZXIy MzQ3MjQ5