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

Statement of Changes in Equity

Fair value adjustment through other comprehen‑ sive income reserve R’000

Total reserves (foreign currency & fair value adjustment) R’000

Foreign currency translation reserve R’000

Share capital and share premium R’000

Retained earnings R’000

Total equity R’000

Balance at April 1, 2021 Profit for the year Effects of translation to presentation currency Fair value adjustment net of taxation Total comprehensive income for the year Balance at March 31, 2022 Loss for the year Effects of translation to presentation currency Fair value adjustment net of taxation Total comprehensive loss for the year Balance at March 31, 2023

316 051

2 484 487

(29 947)

2 454 540

3 734 147

6 504 738

-

-

-

-

334 342

334 342

-

(194 768)

-

(194 768)

-

(194 768)

-

-

2 402

2 402

-

2 402

-

(194 768)

2 402

(192 366)

334 342

141 976

316 051

2 289 719

(27 545)

2 262 174

4 068 489 (1 536 008)

6 646 714 (1 536 008)

-

-

-

-

-

1 540 078

-

1 540 078

-

1 540 078

-

-

(43 762)

(43 762)

-

(43 762)

-

1 540 078

(43 762)

1 496 316

(1 536 008)

(39 692)

316 051

3 829 797

(71 307)

3 758 490

2 532 481

6 607 022

Note(s)

13

YOUR EXPORT RISK PARTNER

18