Page 241 - Capricorn IAR 2020

2020 INTEGRATED ANNUAL REPORT
NOTES TO THE CONSOLIDATED AND SEPARATE ANNUAL FINANCIAL STATEMENTS (continued)
for the year ended 30 June 2020
26. DEBT SECURITIES IN ISSUE (continued)
26.3 Preference shares
Interest on the 65,000 preference shares issued to First National Bank of Namibia is payable quarterly in arrears on the last working day of January, April, July and October.
Interest on the 40,000 preference shares issued to Capricorn Investment Holdings Ltd is payable quarterly in arrears on the last working day of January, April, July and October.
Interest on the 2,500 preference shares issued to Santam Namibia Ltd is payable quarterly in arrears on the last working date of February, May, August and November.
26.4 Debentures
Interest on the debentures is paid quarterly in arrears.
Debt securities in issue comprises subordinated debt, senior debt, preference shares and debentures with a combined nominal value of N$4.6 billion (2019: N$4.6 billion).
27. DEPOSITS
Current accounts
Savings accounts
Demand deposits
Term and notice deposits
Negotiable certificates of deposits (“NCDs”) Other deposits
Maturity analysis within the customer current, savings, deposit account portfolio for the Group were as follows: Withdrawable on demand
Maturing within 1 month
Maturing after 1 month but within 6 months Maturing after 6 months but within 12 months Maturing after 12 months
Group
2020 N$’000
7,677,228
2,652,053
6,276,981
13,429,113
7,448,626
1,839,263
39,323,264
Group
2019 N$’000
6,218,646 2,276,992 4,571,695
13,172,707 9,035,899 1,708,786
36,984,725
%
36.5 8.9 21.7 18.9 14.0
100.0
2020
N$’000
%
16,284,467
41.4
3,491,559
8.9
7,552,611
19.2
8,726,826
22.2
3,267,801
8.3
39,323,264
100.0
2019 N$’000
13,486,633 3,297,831 8,030,380 6,982,083 5,187,798
36,984,725
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