AVBOB Financial Statements 2018

106 AVBOB MUTUAL ASSURANCE SOCIETY AND ITS SUBSIDIARIES NOTES TO THE SUMMARISED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018 (continued) Assets at fair value through profit or loss Total R 000 R 000 R 000 11. FINANCIAL INSTRUMENTS By category SOCIETY At 30 June 2017 Assets as per statement of financial position At fair value through profit or loss - 11 150 965 11 150 965 Insurance receivables 246 247 - 246 247 Trade and other receivables 174 811 - 174 811 Cash and cash equivalents 2 487 607 - 2 487 607 2 908 665 11 150 965 14 059 630 At 30 June 2018 Assets as per statement of financial position At fair value through profit or loss - 14 182 393 14 182 393 Insurance receivables 269 844 - 269 844 Trade and other receivables 170 466 - 170 466 Cash and cash equivalents 1 482 553 - 1 482 553 1 922 863 14 182 393 16 105 256 GROUP At 30 June 2017 Assets as per statement of financial position At fair value through profit or loss - 11 150 965 11 150 965 Insurance receivables 246 247 - 246 247 Trade and other receivables 175 271 - 175 271 Cash and cash equivalents 2 549 406 - 2 549 406 2 970 924 11 150 965 14 121 889 At 30 June 2018 Assets as per statement of financial position At fair value through profit or loss - 14 182 393 14 182 393 Insurance receivables 269 844 - 269 844 Trade and other receivables 187 063 - 187 063 Cash and cash equivalents 1 532 188 - 1 532 188 1 989 095 14 182 393 16 171 488 Loans and receivables At 30 June 2018 the carrying amounts of cash and short-term deposits, trade receivables, trade payables, accrued expenses and current interest-bearing borrowings, approximated their fair values due to the short-term maturities of these assets and liabilities. 106