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AFRICAN DAWN ANNUAL REPORT 2020

Notes to the Financial Statements continued
Annual Financial Statements For the year ended 29 February 2020

Company 2020R’000 Balance
Financial assets statement
at amortised Liabilities at Not a financial of financial
cost amortised cost instrument position
Property, plant and equipment - - 6 6
Investments in subsidiaries - - 9,822 9,822
Loans to Group companies 43 - - 43
Trade and other receivables - - 33 33
Cash and cash equivalents 12 - - 12

Share capital and share premium - - (324,143) (324,143)
Accumulated loss - - 316,442 316,442
Borrowings - (338) - (338)
Loans from directors - (626) - (626)
Trade and other payables - (1,137) (114) (1,251)

Company 2019 R’000 Balance
Financial assets statement
at a amortised Liabilities at Not a financial of financial
cost amortised cost instrument position
Property, plant and equipment - - 16 16
Investments in subsidiaries - - 11,377 11,377
Loans to Group companies 9,169 - - 9,169

Trade and other receivables - - 34 34
Cash and cash equivalents 7 - - 7
Share capital and share premium - - (323,323) (323,323)
Accumulated loss - - 306,520 306,520
Borrowings - (409) - (409)
Loans from directors - (2,820) - (2,820)

Trade and other payables - (463) (108) (571)

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