Page 44 - UNAM Annual Report 2017
P. 44

6. FINANCIAL MATTERS








                •  General Review

                •  Revenue and Expenditure








































                The new revenue standards, IFRS 15 and IFRS 9 Financial

                Instruments, will be adopted for the financial year ending 31

                December 2018. The total income for the year under review

                amounted to N$1.706 billion in comparison to N$1.448

                billion for the 2016 financial year.







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