GROUP | ||
Interest cover |
2021 R ' m |
2020 R ' m |
Earnings before interest , tax , depreciation and amortisation ( EBITDA ) |
992 |
618 |
Finance costs |
104 |
92 |
Calculated interest cover ( times ) |
9.5 |
6.7 |
Set target ( times ) |
> 2,5 |
> 2,5 |
comprehensive income |
7.1.1 |
4 |
- |
- |
4 |
||
Investment in RealFin Collective Investment Scheme |
8.2 |
24 |
- |
24 |
- |
Investment in Senwes ( Company ) |
6.1 |
1 546 |
1 546 |
- |
- |
|
Total assets |
1 904 |
1 866 |
34 |
4 |
Liabilities Commodity finance |
7.2.2 |
52 |
52 |
- |
- |
Forward purchase contracts |
20.2 |
5 |
5 |
- |
- |
Safex futures |
20.2 |
53 |
53 |
- |
- |
Total liabilities |
110 |
110 |
- |
- |
|
Accounts receivable , loans receivable and loans payable at amortised cost approximate their fair value . |
Fair value as at 30 April 2020 | ||
Quoted | ||
prices | ||
Carrying amount |
in active markets for identical instruments |
Significant other observable inputs |
Total |
Level 1 |
Level 2 |
Level 3 |
||
Recurring measurements |
Notes |
R ' m |
R ' m |
R ' m |
R ' m |
Assets Grain commodities |
10 |
62 |
62 |
- |
- |
Inventory held to satisfy firm sales |
12 |
105 |
- |
105 |
- |
Investment in financial assets at fair value through other |
|||||
comprehensive income |
7.1.1 |
2 |
- |
- |
2 |
Investment in RealFin Collective Investment Scheme |
8.2 |
31 |
- |
31 |
- |
Forward purchase contracts |
20.1 |
53 |
53 |
- |
- |
Safex futures |
20.1 |
33 |
33 |
- |
- |
Investment in Senwes ( company ) |
6.1 |
1 057 |
1 057 |
- |
- |
Total assets |
1 343 |
1 205 |
136 |
2 |
Commodity finance |
7.2.2 |
41 |
41 |
- |
- |
|
Forward purchase contracts |
20.2 |
69 |
69 |
- |
- |
|
Foreign exchange contracts |
20.2 |
3 |
3 |
- |
- |
|
Total liabilities |
113 |
113 |
- |
- |
||
Accounts receivable , loans receivable and loans payable at amortised cost approximate their fair value . |