Annual Report 2015-2016
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42 Aktive <strong>Annual</strong> <strong>Report</strong> <strong>2015</strong>/<strong>2016</strong><br />
<strong>2016</strong><br />
5. CASH AND CASH EQUIVALENTS<br />
Cash at bank 1,694,958<br />
Short-term deposits with maturities of less than 3 months 1,452,226<br />
Total Cash and cash equivalents 3,147,183<br />
6. SHORT TERM INVESTMENTS<br />
Term deposits - maturing within 12 months of balance date<br />
(in Dec <strong>2016</strong> bearing 3.25% interest)<br />
617,532<br />
Total Short Term Investments 617,532<br />
7. PROPERTY, PLANT AND EQUIPMENT<br />
Motor Vehicles<br />
Vehicles owned 249,802<br />
Accumulated depreciation - vehicles owned (67,862)<br />
Total Motor Vehicles 181,941<br />
Office Equipment<br />
Office equipment owned 25,007<br />
Accumulated depreciation - office equipment (15,006)<br />
Total Office Equipment 10,001<br />
Computer Equipment<br />
Computer equipment owned 52,832<br />
Accumulated depreciation - computer equipment (28,783)<br />
Total Computer Equipment 24,049<br />
TOTAL PROPERTY, PLANT AND EQUIPMENT 215,990<br />
RECONCILIATION OF THE CARRYING AMOUNT AT THE BEGINNING AND END OF PERIOD:<br />
Office Equipment Computer Equipment Motor Vehicles<br />
Opening balance 12,882 37,376 108,115<br />
Additions 3,366 3,411 112,533<br />
Disposals - - -<br />
Depreciation 6,247 16,738 38,707<br />
Net book value 10,001 24,049 181,941
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