Aktive Annual Report 2016/17
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<strong>Aktive</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2016</strong>/20<strong>17</strong> 49<br />
20<strong>17</strong> <strong>2016</strong><br />
5. CASH AND CASH EQUIVALENTS<br />
Cash at bank 447,114 1,694,958<br />
Short-term deposits with maturities of less than three months - 1,452,226<br />
Total Cash and cash equivalents 447,114 3,147,183<br />
6. SHORT TERM INVESTMENTS<br />
Term deposits - maturing within 12 months of balance date<br />
(in October and November 20<strong>17</strong> bearing 3.3% to 3.65% interest)<br />
3,141,972 6<strong>17</strong>,532<br />
Total Short Term Investments 3,141,972 6<strong>17</strong>,532<br />
7. PROPERTY, PLANT AND EQUIPMENT<br />
Motor Vehicles<br />
Vehicles owned 334,202 249,802<br />
Accumulated depreciation - vehicles owned (126,826) (67,862)<br />
Total Motor Vehicles 207,376 181,941<br />
Office Equipment<br />
Office equipment owned 25,007 25,007<br />
Accumulated depreciation - office equipment (20,806) (15,006)<br />
Total Office Equipment 4,202 10,001<br />
Computer Equipment<br />
Computer equipment owned 56,909 52,832<br />
Accumulated depreciation - computer equipment (45,923) (28,783)<br />
Total Computer Equipment 10,986 24,049<br />
TOTAL PROPERTY, PLANT AND EQUIPMENT 222,564 215,990<br />
RECONCILIATION OF THE CARRYING AMOUNT AT THE BEGINNING AND END OF PERIOD:<br />
Office Equipment Computer Equipment Motor Vehicles Total<br />
Opening balance 10,001 24,049 181,941 215,991<br />
Additions - 4,077 84,399 88,476<br />
Disposals - - - -<br />
Depreciation 5,799 <strong>17</strong>,140 58,964 81,903<br />
Net book value 4,202 10,986 207,376 222,564
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