Page 199 - Capricorn IAR 2020

NOTES TO THE CONSOLIDATED AND SEPARATE ANNUAL FINANCIAL STATEMENTS (continued)
for the year ended 30 June 2020
3. FINANCIAL RISK MANAGEMENT (continued)
3.4 Liquidity risk (continued)
Liquidity risk analysis (continued)
Carrying value Company N$’000
Call to 1 month N$’000
663,895 428,092 476,153
– 61,009 –
1,629,149
–
– 19,593 –
19,593
1,609,556
3,348,644
1–3 3–12 months months N$’000 N$’000
– –
– –
– –
– –
– –
– –
– –
141,726 – 24,729 – 24,569 –
– –
191,024 –
(191,024) –
3,157,620 3,157,620
1–5 Over 5 years years N$’000 N$’000
– – – –
– – – 255,650 – – – –
– 255,650
– – 845,000 900,000 – – – –
845,000 900,000
(845,000) (644,350)
2,312,620 1,668,270
Total N$’000
663,895 428,092
476,153 255,650 61,009 1,739,573
3,624,372
141,726 1,769,729 44,162 485
1,956,102
1,668,270
2020 INTEGRATED ANNUAL REPORT
As at 30 June 2019
ASSETS
Cash and balances with the central bank
Financial assets at fair value through profit or loss
Financial assets at fair value through other comprehensive income Financial assets at amortised cost Other assets
Non-financial instruments
Total assets
LIABILITIES
Other borrowings
Debt securities in issue Other liabilities Non-financial instruments
Total liabilities
Net liquidity gap
Cumulative liquidity gap
– –
– – –
1,739,573
1,739,573
– – –
485
485
1,739,088
1,739,088
The table above represents the Group’s maturity mismatch between assets and liabilities based on contractual maturities, which represents a worst-case scenario and is therefore not representative of business as usual. Policies and procedures are in place to mitigate liquidity risk, which is detailed in the narrative above, as well as the risk and compliance report. Due to the composition of the liquidity market in Namibia, a negative maturity mismatch between assets and liabilities is an industry norm.
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