Page 95 - Stellar IAR2015

31. RISK MANAGEMENT (Continued)The table below shows theR’000Group 2015Preference share dividend Redemption of preferenceundiscounted future cash ows:Trade and otherR’000Group 2014 Trade and otherpayablespayables--42 574Within 6 months27 788 shares - 42 574 70 362Within 6 months3 7113 711Within 6 months27 788 shares - 42 508 70 296Within 6 months2 1312 1316 months to 1 year 27 788 - - 27 7886 months to 1 year - -6 months to 1 year 27 788 - - 27 7886 months to 1 year - -1 to 3 years111 152 - - 111 1521 to 3 years--1 to 3 years111 152 - - 111 1521 to 3 years--3 to 4 years27 788 600 000Beyond4 years Total- 194 516 - 600 000627 7883 to 4 years- 837 090Beyond4 years Total---- Beyond3 7113 711R’000Company 2015 Preference share dividend Redemption of preference Trade and other payablesR’000Company 2014Trade and other payables3 to 4 years27 788 600 0004 years Total- 194 516 - 600 000--42 508627 7883 to 4 years- 837 024Beyond4 years Total----2 1312 131As the preference share is convertible at the election of the shareholder, the full redemption has been taken into account for the purposes of liquidity risk management.Credit riskCredit risk is the risk of nancial loss to the Group if a counterparty to a nancial instrument fails to meet its contractual obligations, and arises principally from the Group’s cash and cash equivalents and loans and receivables.The carrying amount of nancial assets recorded in the statement of nancial position, which is net of impairment losses, represents the maximum exposure to credit risk. As at 30 November 2015, management do not consider there to be any material exposure that has not been covered by impairment. The carrying values of assets represent the maximum exposure to credit risk and are as follows:R’000GroupCompanyNotes2014201422 231 - 402 4 475 98 2 338 29 544Loan investments 4 Loans to portfolio companies 5 Other nancial assets (excl. deposits) 7 Loans to Consolidated Subsidiaries 9 Trade and other receivables (excl. deposits) 10 Cash and cash equivalents 11STELLAR CAPITAL PARTNERS | 91201573 602 74 973 81 527- 23 797 7601 027 88522 231 - 402 - 561 3 334201573 602 74 973 81 527 83 96923 711 40926 5281 025 503