The following tables set forth the contractual and expected undiscounted cash flows for financial assets and liabilities and insurance liabilities:
| Contractual and expected cash flows (undiscounted) | ||||||||||||||||||||||||
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As at 31 December 2017 |
Carrying value |
Without maturity |
Not later than 1 year |
Later than 1 year but not later than 3 years |
Later than 3 years but not later than 5 years |
Later than 5 years |
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Financial assets |
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Contractual cash inflows |
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Equity securities |
409,528 | 409,528 | — | — | — | — | ||||||||||||||||||
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Debt securities |
1,255,052 | — | 127,830 | 240,582 | 271,538 | 1,240,465 | ||||||||||||||||||
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Loans |
383,504 | — | 141,679 | 105,063 | 64,386 | 128,753 | ||||||||||||||||||
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Term deposits |
449,400 | — | 104,976 | 252,571 | 133,013 | 2,823 | ||||||||||||||||||
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Statutory deposits — restricted |
6,333 | — | 4,084 | 734 | 2,106 | — | ||||||||||||||||||
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Securities purchased under agreements to resell |
36,185 | — | 36,185 | — | — | — | ||||||||||||||||||
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Accrued investment income |
50,641 | — | 44,789 | 5,602 | 250 | — | ||||||||||||||||||
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Premiums receivable |
14,121 | — | 14,121 | — | — | — | ||||||||||||||||||
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Cash and cash equivalents |
48,586 | — | 48,586 | — | — | — | ||||||||||||||||||
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Subtotal |
2,653,350 | 409,528 | 522,250 | 604,552 | 471,293 | 1,372,041 | ||||||||||||||||||
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Financial and insurance liabilities |
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Expected cash outflows |
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Insurance contracts |
2,025,133 | — | 16,319 | 221,905 | 47,109 | (3,807,542 | ) | |||||||||||||||||
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Investment contracts |
232,500 | — | (15,308 | ) | (29,981 | ) | (26,892 | ) | (388,320 | ) | ||||||||||||||
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Contractual cash outflows |
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Securities sold under agreements to repurchase |
87,309 | — | (87,309 | ) | — | — | — | |||||||||||||||||
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Financial liabilities at fair value through profit or loss |
2,529 | (2,529 | ) | — | — | — | — | |||||||||||||||||
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Annuity and other insurance balances payable |
44,820 | — | (44,820 | ) | — | — | — | |||||||||||||||||
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Interest-bearing loans and other borrowings |
18,794 | — | (1,240 | ) | (18,557 | ) | — | — | ||||||||||||||||
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Subtotal |
2,411,085 | (2,529 | ) | (132,358 | ) | 173,367 | 20,217 | (4,195,862 | ) | |||||||||||||||
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Net cash inflows/(outflows) |
242,265 | 406,999 | 389,892 | 777,919 | 491,510 | (2,823,821 | ) | |||||||||||||||||
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| Contractual and expected cash flows (undiscounted) | ||||||||||||||||||||||||
|
As at 31 December 2016 |
Carrying value |
Without maturity |
Not later than 1 year |
Later than 1 year but not later than 3 years |
Later than 3 years but not later than 5 years |
Later than 5 years |
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Financial assets |
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Contractual cash inflows |
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|
Equity securities |
421,383 | 421,383 | — | — | — | — | ||||||||||||||||||
|
Debt securities |
1,148,894 | — | 210,589 | 214,105 | 188,740 | 1,014,074 | ||||||||||||||||||
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Loans |
226,573 | — | 119,247 | 47,606 | 41,697 | 55,106 | ||||||||||||||||||
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Term deposits |
538,325 | — | 199,657 | 260,065 | 117,012 | 8,858 | ||||||||||||||||||
|
Statutory deposits - restricted |
6,333 | — | 1,909 | 4,720 | 209 | — | ||||||||||||||||||
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Securities purchased under agreements to resell |
43,538 | — | 43,538 | — | — | — | ||||||||||||||||||
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Accrued investment income |
55,945 | — | 44,722 | 11,100 | 123 | — | ||||||||||||||||||
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Premiums receivable |
13,421 | — | 13,421 | — | — | — | ||||||||||||||||||
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Cash and cash equivalents |
67,046 | — | 67,046 | — | — | — | ||||||||||||||||||
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Subtotal |
2,521,458 | 421,383 | 700,129 | 537,596 | 347,781 | 1,078,038 | ||||||||||||||||||
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Financial and insurance liabilities |
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Expected cash outflows |
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Insurance contracts |
1,847,986 | — | (43,322 | ) | 97,236 | 35,088 | (3,229,394 | ) | ||||||||||||||||
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Investment contracts |
195,706 | — | (15,880 | ) | (34,147 | ) | (33,128 | ) | (259,905 | ) | ||||||||||||||
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Contractual cash outflows |
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Securities sold under agreements to repurchase |
81,088 | — | (81,088 | ) | — | — | — | |||||||||||||||||
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Financial liabilities at fair value through profit or loss |
2,031 | (2,031 | ) | — | — | — | — | |||||||||||||||||
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Annuity and other insurance balances payable |
39,038 | — | (39,038 | ) | — | — | — | |||||||||||||||||
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Interest-bearing loans and other borrowings |
16,170 | — | (1,138 | ) | (16,159 | ) | — | — | ||||||||||||||||
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Bonds payable |
37,998 | — | (39,032 | ) | — | — | — | |||||||||||||||||
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Subtotal |
2,220,017 | (2,031 | ) | (219,498 | ) | 46,930 | 1,960 | (3,489,299 | ) | |||||||||||||||
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Net cash inflows/(outflows) |
301,441 | 419,352 | 480,631 | 584,526 | 349,741 | (2,411,261 | ) | |||||||||||||||||
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