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Note 22 - Cash and Cash Equivalents

12 Months Ended

Dec. 31, 2021

Statement Line Items [Line Items]

Disclosure of cash and cash equivalents [text block]

22 Cash and cash equivalents

		2021				2020
Bank balances			17,152				19,092
Cash and cash equivalents			17,152				19,092
Bank overdrafts used for cash management purposes			(887	)			–
Net cash and cash equivalents at year end			16,265				19,092

The Group’s exposure to interest rate risk and a sensitivity analysis for financial assets and liabilities is disclosed in note 33.

						Interest rate
Overdraft facilities
Stanbic Bank - RTGS$ denomination			112,000,000				32	%
Stanbic Bank - USD denomination			1,000,000				10	%

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- Definition

The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents]

+ References

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-IssueDate 2021-01-01
-Paragraph 10
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-URIDate 2021-03-24

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