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121
Group
2018
2017
R'000
R'000
Analysis of movements in financial assets held at fair value through profit or
loss:
Opening balance
41 188 646
36 990 318
Additions
25 665 587
22 467 133
Disposals at carrying value
(21 428 722)
(20 187 960)
Fair value net (losses) / gains excluding net realised (losses) / gains
(2 563 915)
1 831 231
Accrued interest movements
126 912
87 924
Closing balance
42 988 508
41 188 646
The spread of investments by sector:
Industrial (%)
49.0%
49.0%
Financial (%)
32.6%
32.6%
Resources (%)
18.4%
18.4%
Maturity profile of fixed interest investments:
Due in 1 year or less
1 216 759
757 252
Due between 1 year and 5 years
3 469 618
3 277 861
Due between 5 years and 10 years
1 439 626
1 498 518
Due after 10 years
3 230 298
1 888 614
9 356 301
7 422 245
There is no maturity profile for equity securities and unit trusts and management is unable to provide a
reliable estimate given the volatility of equity markets.
6. REINSURANCE ASSETS
Group
2018
2017
R’000
R’000
Total assets arising from reinsurance contracts at beginning of the year
99 825
75 706
Reinsurers’ share of long-term insurance policy liabilities (note 12.2)
(17 357)
25 275
Reinsurers’ share of short-term insurance policy liabilities (note 13.2)
(122)
(1 156)
Total assets arising from reinsurance contracts at end of the year
82 346
99 825
Non-current
82 346
99 825
Amounts due from reinsurers in respect of claims already paid by the Group on the contracts that are
reinsured are included in insurance and other receivables (note 7).