AFRICAN DAWN ANNUAL REPORT 2018 Notes to the Financial Statements continued Annual Financial Statements For the year ended 28 February 2018 The revenue classifications have been annalised and split in terms of the accounting policy. The reclassifications does not effect retained income. Revenue As originally stated 95 Discontinued operations (refer to Note 31) Reclassification Now stated Rendering of service 9,978 (9,974) 284 288 Non-interest income (administration fees) 1,112 - 3,662 4,774 Rental income 4,753 (4,753) - - Interest received 21,074 - (5,199) 15,875 Insurance revenue 74 - 349 423 36,991 (14,727) (904) 21,360 Revenue reclassification Risk management Note The risk management Note 36 has been amended in various areas including the analysis of statement of profit and loss and other comprehensive income (SOCI), analysis of financial assets, credit quality of financial assets that are neither past due nor impaired, and liquidity risk. A more detailed breakdown of analysis of financial assets has been included for the prior year to be in line with the current year disclosures. All of the above reclassifications did not impact retained income and therefore management has departed from disclosing a 3rd column balance sheet.
AFRICAN DAWN 2018 Annual Report
To see the actual publication please follow the link above