The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable:
Cash and cash equivalents
Cash and cash equivalents include cash in hand and deposits held at call with banks.
Debtors
Short term debtors are measured at transaction price, less any impairment. They are assessed for indicators of impairment at each reporting end date.
Creditors
Short term creditors are measured at the transaction price.