| Summarised notes to the consolidated financial statements l Note 7 |
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Audited |
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2014
Rm |
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| 7. |
Financial instruments |
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Carrying value of financial instruments by class: |
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Financial assets: |
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Trade receivables |
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– Industry |
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6 136 |
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5 569 |
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– Government |
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419 |
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394 |
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– Consumers |
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644 |
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614 |
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Other loans and receivables and cash balances |
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3 823 |
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5 004 |
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Finance lease receivables |
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400 |
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269 |
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Derivatives (including items designated as effective hedging instruments) |
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– Forward exchange contracts |
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136 |
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94 |
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Other financial assets at fair value |
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50 |
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50 |
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Total carrying value of financial assets |
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11 609 |
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11 993 |
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Financial liabilities: |
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Trade payables |
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– Principals |
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2 903 |
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3 041 |
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– Other suppliers |
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5 823 |
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6 089 |
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Other non-interest-bearing payables |
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352 |
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319 |
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Derivatives (including items designated as effective hedging instruments) |
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– Forward exchange contracts |
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20 |
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15 |
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Interest-bearing debt measured at amortised cost |
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12 262 |
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10 349 |
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Total carrying value of financial liabilities |
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21 360 |
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19 814 |
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Fair value measurements recognised in the statement of financial position
Level 1 measurements are derived from quoted prices in active markets. Level 2 and level 3 measurements are determined
using discounted cash flows.
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2015 |
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Level 1 |
Level 2 |
Level 3 |
Total |
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| Financial assets at fair value through profit or loss |
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| Financial assets designated at fair value through profit or loss |
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59 |
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45 |
104 |
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| Available-for-sale financial assets |
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| Shares |
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5 |
5 |
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| Derivative assets designated as effective hedging instruments |
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77 |
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77 |
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| Total |
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136 |
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50 |
186 |
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| Financial liabilities at fair value through profit or loss |
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| Derivatives |
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20 |
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20 |
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| Total |
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20 |
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20 |
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2014 |
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Level 1 |
Level 2 |
Level 3 |
Total |
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| Financial assets at fair value through profit or loss |
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| Financial assets designated at fair value through profit or loss |
35 |
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45 |
80 |
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| Available-for-sale financial assets |
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| Shares |
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5 |
5 |
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| Derivative assets designated as effective hedging instruments |
59 |
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59 |
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| Total |
94 |
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50 |
144 |
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| Financial liabilities at fair value through profit or loss |
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| Other derivative financial liabilities |
1 |
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1 |
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| Financial liabilities designated at fair value through profit or loss |
1 |
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1 |
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| Derivatives |
13 |
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13 |
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| Total |
15 |
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15 |
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| Summarised notes to the consolidated financial statements l Note 7 |
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