ECIC IR 2023
Integrated Report 2023
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Assets and Liabilities Management
Composition of total assets (R Millions)
20
1 200
15
1 000
14%
10
800
5
600
0
400
-1%
-5%
-5
200
0
-10
2021
2022
2023
Other Cash and cash equivalent
Trade and other receivables
Financial assets at fair value
% movement
Figure 10: Composition of total assets
The total assets increased by R1.4 billion (14%) from R10.1 billion to R11.6 billion, which is mainly due to the depreciation of the ZAR against the USD Dollar. This increase was netted off by insurance and IMU claims paid in the current year.
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