Page 46 - GROUP 3 NAKED HOTEL LIMITED ANNUAL REPORT
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18. Share Capital
2016 2015 2016 2015
No. of No. of
shares shares $'000 $'000
Authorized: No par ordinary
shares at the beginning and end
of the period 250,000,000 250,000,000
Issued and fully paid at the
beginning and end of the
period: 250,000,000 250,000,000
Stated Capital 59,400 59,400
19. Cash in hand and at bank
2016 2015
$‘000 $‘000
Opening Cash in hand and at bank 53,355 80,817
Proceeds from Disposal of Equipment 239 -
Closing cash in hand and at bank 53,594 80,817
20. Short-Term Investments
2016 2015
$’000 $’000
Fixed deposit (Maturity- 30 days) 20,000 -
Fixed deposit (Maturity- 150 days) 30,000 -
50,000 -
Short term investments comprise: $20,000,000 fixed deposit that will mature in 30 days, and
$30,000,000 that will mature in 150 days.
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