Page 105 - Continental Reinsurance 2022 Annual Report

Notes to the Consolidated and separate financial statements - continued 103

12 Loans and other receivables Group Group Company Company
Dec. 2022 Dec. 2021 Dec. 2022 Dec. 2021
Staff loans and advances =N='000 =N='000 =N='000 =N='000
Long term deposit with financial institutions
Other advances 135,295 203,588 72,100 114,181
Impairment on other receivables (Note 12.1) 196,148 - 196,148 -
Total loans and other receivables 450,213 450,213
(373,991) 435,136 (373,991) 435,136
407,665 (373,991) 344,470 (373,991)

264,732 175,325

Of the other advances, N373,991,000 are deposit with a third party for investment purpose that is unrealisable. This was fully impaired
in 2015.

Movement in staff loans and advances; 203,588 315,892 114,181 178,573
At 1 January 169,352 212,755 79,802 134,645
Additions during the year (237,645) (325,058) (199,037)
Receipts during the year 135,295 203,588 (121,883) 114,181
At 31 December 72,100

12.1 Reconciliation of impairment on loans and other receivables: 373,991 373,991 373,991 373,991
- - - -
At 1 January
Reversal of impairment 373,991 373,991 373,991 373,991
At 31 December
1,189,153
Investment securities 24,231,490
25,420,643
Analysis of investment securities 1,073,257 1,053,365 1,168,563
Available-for-sale (note 13) 36,141,175 1,168,563 17,782,034 11,235,664
Held-to-maturity (note 14) 37,214,432 20,590 18,835,399 12,404,227

13 Available-for-sale: 1,053,366 1,189,153 1,053,366 1,168,563
Equity instruments 19,892 - -
Debt instruments 593,401
1,073,257 575,163 1,053,365 1,168,563
Total available-for-sale 1,168,563

Equity Instruments 421,395 Group 421,395 593,401
Quoted 631,971 Dec. 2021 631,971
Unquoted 1,053,365 =N='000 1,053,366 575,163
Total equity instruments 1,168,563
20,590
These equities instruments are measured at fair value and classied as available-for-sale. 20,590
1,189,153
13.1 Available-for-sale cont'd: Group Company Company
Debt Instruments Dec. 2022 Dec. 2022 Dec. 2021
Securities at Available-for-sale -Fair value =N='000 =N='000 =N='000
Government bonds
19,892 - -
Total available for sale investments 19,892 - -

1,073,256 1,053,366 1,168,563