Umsobomvu Youth Fund Annual Report 2006 - Nyda

FAIR VALUECARRYING AMOUNT2006 2005 2006 2005Rand Rand Rand Rand22 Financial instruments (continued)Set out below is the comparison by categoryof carrying amounts and fair value of all ofthe Fund’s financial instruments that arecarried in the financial statements.CompanyFinancial assets 764 169 705 902 865 792 764 793 573 902 865 792Loan debtors 38 508 848 19 477 690 39 132 716 19 477 690Investment in associates 65 128 370 43 985 705 65 128 370 43 985 705Cash 660 532 487 839 402 397 660 532 487 839 402 397Investment in subsidiary – – – –Financial liabilities 41 801 936 21 567 397 41 801 936 21 567 397Accounts payable and accruals 28 379 278 12 699 520 28 379 278 12 699 520Provisions 8 863 765 6 545 815 8 863 765 6 545 815Deferred income 4 558 893 2 322 062 4 558 893 2 322 062GroupFinancial assets 760 667 344 902 865 792 761 291 212 902 865 792Loan debtors 34 389 318 19 477 690 35 013 186 19 477 690Investment in associates 65 128 370 43 985 705 65 128 370 43 985 705Cash 661 149 656 839 402 397 661 149 656 839 402 397Financial liabilities 42 842 712 21 567 397 42 842 712 21 567 397Accounts payable and accruals 28 870 054 12 699 520 28 870 054 12 699 520Provisions 8 863 765 6 545 815 8 863 765 6 545 815Deferred income 4 558 893 2 322 062 4 558 893 2 322 062Shareholders loans 550 000 – 550 000 –The fair value of Loan debtors and investment in associates has been calculated by discounting theestimated future cash flows at market rates.23 Post-balance sheet eventsAll post-balance sheet events are detailed in the report of the Directors on page 42.Umsobomvu Youth Fund 2006 Financial Statements81