2022 PPS NAMIBIA INTEGRATED REPORT

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) for the year ended 31 December 2022 24. Investment income Group 2022 2021 Restated R’m R’m Financial assets held at fair value through profit or loss and at amortised cost Interest income 1 523 1 329 Dividend income 1 006 791 Total investment income 2 529 2 120 Interest of R120.7 million (2021 Restated: R145.1 million) and dividends of R102.7 million (2021 Restated: R96.6 million) distributed by unit trusts are directly reinvested in lieu of receiving cash and cash equivalents. Refer to Note 33. 25. (Losses) / gains on financial assets and investment property Group 2022 2021 Restated* R’m R’m Financial assets held at fair value through profit or loss Net realised gains on disposal of financial assets 2 405 2 441 Net realised foreign exchange (losses) / gains 56 (81) Net unrealised (losses) / gains on revaluation of financial assets (4 703) 4 608 Investment property Fair value losses on investment property (33) (31) Net realised gains on disposal of investment property (1) – Financial assets at amortised cost Effect of exchange gains / (losses) on cash and cash equivalents 62 110 Effect of exchange (losses) / gains on non-current receivables (2) 11 Total (losses) / gains on financial assets and investment property (2 216) 7 058 The significant losses in the current year are as a result of market performance and the transitioning of assets between fund managers * Prior year numbers were restated (refer note 35). 154 Notes to the Consolidated Financial Statements

RkJQdWJsaXNoZXIy MTY2ODY3Ng==