BISICHI MINING PLC ANNUAL REPORT 2017

Financial statements Company accounting policies
35. INVESTMENTS
Joint
ventures
shares
£’000
Shares in
subsidiaries
£’000
Loans
£’000
Other
investments
£’000
Net book value at 1 January 2017 847 6,356 1,211 32 7,599
Repaid during year - - (223) - (223)
Write-off of investment (682) - - - -
Unrealised surplus of market value versus cost - - - 19 19
Net book value at 31 December 2017 165 6,356 988 51 7,395
During the year, the company wrote off its investment in Ezimbokodweni Mining (Pty) Ltd. Further information relating to the write down of
Ezimbokodweni Mining (Pty) Ltd can be found in Note 13.
Investments in subsidiaries are detailed in note 14. In the opinion of the directors the aggregate value of the investment in subsidiaries is not less than
the amount shown in these financial statements.
Other investments comprise £52,000 (2016: £32,000) shares.
Total
£’000
36. DEBTORS
2017
£’000
2016
£’000
Amounts due within one year:
Amounts due from subsidiary undertakings 1,289 1,006
Trade receivables 16 7
Other debtors 78 89
Joint venture 2,000 2,070
Prepayments and accrued income 88 81
3,471 3,253
Amounts due in more than one year:
Amounts due from subsidiary undertakings - 834
37. CREDITORS
Amounts falling due within one year:
Amounts due to subsidiary undertakings 279 359
Joint venture 192 192
Current taxation 123 -
Other taxation and social security 38 26
Other creditors 659 592
Accruals and deferred income 115 159
1,406 1,328
2017
£’000
2016
£’000
92 Bisichi Mining PLC