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S E C T I O N 1 2 : Our Financial Review

C3

ALLIANCE ANNUAL REP ORT 2018

R E S ERVE S Group 2018 $000

2017 $000

Foreign currency translation Cash flow hedge

(12,132) (10)

(14,726) (201)

Reserves

(12,142)

(14,927)

MEASUREMENT & RECOGNITION Foreign Currency Translation Reserve The foreign currency translation reserve comprises all foreign currency differences arising from the translation of the financial statements of foreign operations as well as from the translation of financial instruments that hedge the company’s net investment in a foreign subsidiary. Cash Flow Hedge Reserve The cash flow hedge reserve comprises the effective portion of the cumulative net change in the fair value of cash flow hedging instruments related to hedged transactions that have not yet been settled. C4

C A S H AND C A S H EQ U IVAL E NT S Group

Cash and cash equivalents Bank overdraft Net cash and cash equivalents C5

2018

2017

$000

$000

2,587 (12,455)

1,313 (9,167)

(9,868)

(7,854)

TR ADE AND OTHER RECEIVABL E S Group 2018

2017

$000

$000

Trade receivables – net of impairment Prepayments Receivables from related parties

103,543 2,214 10,836

83,456 1,806 13,752

Total receivables

116,593

99,014

301

20

Impairment losses included in trade receivables

67

Profile for alliance12

Annual Report 2018  

Annual Report 2018