Notes to the Financial Statements
2.5 Investment income
Consolidated
Company
2024 2023 $'000 $'000 $'000 $'000 2023 2024
Interest income • Cash and cash equivalents • Investment securities at FVTPL
4,429
2,432
868
346
16,457 10,704
—
—
• Loans and advances Dividend income Distribution income Total investment income
127
141
3,121
2,654
—
— 4,830 21,946
63
36
—
—
21,076 13,313
8,819 24,946
Interest income Interest income on financial assets at amortised cost are recognised in profit or loss using the effective interest method. Interest income on financial assets at fair value are recognised in profit or loss when earned or incurred. Dividend income Dividend income from investments is recognised when the Group’s right to receive payment has been established. Distribution income Distribution income from investments in unit trusts is recognised on a receivable basis as of the date the unit value is quoted ex-distribution.
99
ClearView Wealth Limited
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