ECIC IR 2023

ANNUAL Financial Statements for the year ended 31 March 2023

E

D

H

S

I

L I

N

B

2

0

A

0

T

S

1

E

E X P O R T C R E

L T D

O C

A S

C

R I

D I

F

T

A

I

N

H

S

T

U

U

R

O

A

S

N

F

C

O

E

N

C

O

O

I

R

T

P

A

O

R

Notes to the Financial Statements

Reinsurance contract assets 10 - - - 7 697 7 697 2 317 5 380 Current tax receivable 29 - - - 2 066 2 066 2 066 - Deferred tax 8 - - - 50 755 50 755 - 50 755

Cash and cash equivalents 12 - - 4 487 620 - 4 487 620 4 487 620 - 4 003 171 575 140 4 520 626 1 037 494 10 136 431 6 655 130 3 481 301 Liabilities

Provision for unearned premiums 14.1 - - - 1 539 070 1 539 070 318 487 1 220 583 Provision for unexpired risks 14.2 - - - 457 382 457 382 - 457 382 Provision for claims reserves 14.3 - - - 770 719 770 719 770 719 - Liability for interest make up 18 564 706 - - - 564 706 134 009 430 697

Reinsurance deferred acquisition cost - - - 1 185 1 185 357 828 Employee benefit liability 15 - - - 27 459 27 459 27 459 - Lease liability 17 - - - 140 140 140 - Trade and other payables 16 - - 127 359 1 697 129 056 128 170 886 564 706 - 127 359 2 797 652 3 489 717 1 379 341 2 110 376

Categories of assets and liabilities – 2022 Note(s) Assets Property and equipment 7 - - - 2 678 2 678 - 2 678 Intangible assets 6 - - - 285 285 - 285 R’000 R’000 R’000 R’000

liabilities R’000

Trade and other receivables 11 - - 33 006 974 013 1 007 019 305 212 701 807

Financial assets at fair value 9 4 003 171 575 140 - - 4 578 311 1 857 915 2 720 396

assets and

Non-current

liabilities R’000

Current

assets and

Total

assets and liabilities R’000

financial

Other non

cost

Financial

amortised

assets and

liabilities at

Financial assets

for sale

available

or loss

Financial

liabilities at fair value

assets and

through profit

YOUR EXPORT RISK PARTNER

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