CIM FINANCE. INTEGRATED REPORT 2022 | 169 EXPLANATORY NOTES 30 SEPTEMBER 2022 The financial assets’ additions for last year comprise of one five-year Government of Mauritius bond amounting to MUR 119.6mwith a yield of 2.7% per annum. There were no addition in the current year. The bonds are classified as level 2. 17. INVESTMENT SECURITIES GROUP COMPANY Sep-22 MUR m Sep-21 MUR m Sep-22 MUR m Sep-21 MUR m Financial assets at FVTPL (a) 0.8 0.8 0.8 0.8 Financial assets at amortised cost (b) 119.6 127.7 119.6 119.6 120.4 128.5 120.4 120.4 GROUP COMPANY Sep-22 MUR m Sep-21 MUR m Sep-22 MUR m Sep-21 MUR m At 1 October 127.7 8.1 119.6 - Additions - 119.6 - 119.6 Disposal of subsidiary (8.1) - - - At 30 September 119.6 127.7 119.6 119.6 GROUP COMPANY MUR m MUR m MUR m MUR m MUR m MUR m (a) Financial assets at FVTPL Level 1 Level 3 Total Level 1 Level 3 Total Non current At 1 October 2020 20.0 0.8 20.8 20.0 0.8 20.8 Disposal (20.0) - (20.0) (20.0) - (20.0) At 30 September 2021 and 2022 - 0.8 0.8 - 0.8 0.8 The Company has an investment in a company based in India. Each year a fair value assessment of the investment is done using the net assets approach which as per management reflects as fair value. The Net Assets Approach uses the following technique: The value of the investee is determined on the basis of the value of the assets and liabilities as disclosed in its financial statements as at the reporting date. The carrying amount is adjusted for the increase or decrease in the net asset value of the investee. (b) Financial assets at amortised cost
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