FASSET ANNUAL REPORT

24. Risk management (continued) 2021

carring amount

6 months or less

6-12 months

1-2 years

Receivables from exchange transactions

20

20

- -

-

Project receivables

17 727 17 747

-

17 727

20

- 17 727

Gross

Impairment Carring amount

Cash and cah equivalents

851 432

-

851 432

2020

Carring amount

6 months or less

6-12 Months

1-2 years

Receivables from exchange transactions

49

49

-

- - -

Project receivables

23 075 23 124

-

23 075

49 23 075

Gross Impairment

Carring amount 787 582

Cash and cah equivalents

787 582

-

Market risk FASSET is exposed to fluctuations in the employment market, for example, sudden increases in unemployment and changes in the wage rates. No significant events occurred during the year in the market that FASSET is aware of. There are adequate procedures in place to address changes in the market when necessary.

FASSET Annual Integrated Report 2020/21

124