Telkom AR front.qxp

178
Telkom Annual Report 2009
Notes to the consolidated annual financial statements (continued)
for the three years ended March 31, 2009
13. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (continued)
Risk management (continued)
2008
At fair
value
through
profit or Financial
loss liabilities at Total
held for amortised Held-to- Available- Loans and carrying
trading cost maturity for-sale receivables value Fair value
Note Rm Rm Rm Rm Rm Rm Rm
Classes of financial
instruments per balance sheet
Assets 1,991 – – 55 10,155 12,201 12,201
Investments 14 1,377 – – 55 67 1,499 1,499
Trade and other receivables* 19 – – – – 8,582 8,582 8,582
Other financial assets 20 614 – – – – 614 614
Interest rate swaps
Forward exchange
9 – – – – 9 9
contracts 589 – – – – 589 589
Other financial assets 16 – – – – 16 16
Finance lease receivables 16 – – – – 372 372 372
Cash and cash equivalents 21 – – – – 1,134 1,134 1,134
Liabilities (1,290) (25,866) – – – (27,156) (27,692)
Interest-bearing debt 28 – (15,733) – – – (15,733) (16,269)
Trade and other payables 31 – (8,771) – – – (8,771) (8,771)
Other financial liabilities 20 (1,290) – – – – (1,290) (1,290)
Put option (Multi-Links) (919) – – – – (919) (919)
Put option (Vodacom DRC) (198) – – – – (198) (198)
Forward exchange contracts (173) – – – – (173) (173)
Credit facilities utilised 21 – (1,342) – – – (1,342) (1,342)
Shareholders for dividend 35 – (20) – – – (20) (20)
* Trade and other receivables are disclosed net of prepayments of R307 million (2008: R404 million; 2007: R256 million).