ClearView Annual report 2024

Notes to the Financial Statements

The carrying amounts of assets and liabilities as at the date of sale of CFML (31 January 2024) were:

31 January 2024 $'000

Cash and cash equivalent

5,447

Receivables Total assets

174

5,621

Payables

448 448

Total liabilities

5,173

Net assets

Consolidated

Company

2024 $'000

2023

2024 $'000

2023

Note

$'000

d) Assets and liabilities classified as held for sale Assets Cash and cash equivalent

33,378

44,331

—

Investments Receivables

3.3 1,834,709 1,868,598

— 11,956

2,608 (146)

2,297

— — — —

Deferred tax assets

285

Goodwill

4.1 4.1

— 8,500

Intangible assets Assets held for sale

—

2,882

1,870,549 1,926,893

— 11,956

Liabilities Payables

11,146

6,285

— —

Life investment contract liabilities Liability to non-controlling interest in controlled unit trusts

5.4 1,386,554 1,345,138

467,562

557,485

— —

Deferred tax liabilities

5,085

—

Liabilities directly associated with assets held for sale Net assets directly associated with disposal group

1,870,347 1,908,908

—

202

17,985

— 11,956

168

ClearView Annual Report 2024