CFSL Integrated Report 2025

FINANCIAL

200

Risk Management

Corporate Governance

Statutory Disclosures

LEASE LIABILITIES

(b)

GROUP

COMPANY

Sep-25 MUR m

Sep-25 MUR m

Sep-24 MUR m

Sep-24 MUR m

Maturity analysis

Minimum lease payments Current

52.2 13.7 13.7 24.8 83.1 42.3 40.8

51.3 13.3 13.2 24.8 83.1 42.3 40.8

54.1 13.5 13.6 27.0

52.0 13.0 13.0 26.0

Up to 3 months

3-6 months 6-12 months

132.5

130.6

Non current

50.1 82.1

48.9 81.4

After one year and before two years After two years and before five years

–

–

0.3

0.3

After five years

135.3 (10.5) 124.8

134.4 (10.5) 123.9

186.6 (19.0) 167.6

182.6 (18.5) 164.1

Less Future finance charges on obligation under lease liabilities

Present value of obligations under lease liabilities

GROUP

COMPANY

Sep-25 MUR m

Sep-25 MUR m

Sep-24 MUR m

Sep-24 MUR m

Present value analysed as follows

46.4 12.0 12.2 22.2 78.4 38.9 39.5

45.5 11.6 11.7 22.2 78.4 38.9 39.5

45.7 11.2 11.4 23.1

43.9 10.8 10.9 22.2

Current

Up to 3 months

3-6 months 6-12 months

121.9

120.2

Non-Current

44.2 77.4

43.2 76.7

After one year and before two years After two years and before five years

–

–

0.3

0.3

After five years

124.8

123.9

167.6

164.1

Nature of leasing activities (in the capacity of lessee) The Group leases 22 properties in Mauritius, 2 properties in Rodrigues and 1 property in Kenya. For 18 properties it is customary for the lease contracts to provide for payments to increase each year by inflation. For the remaining 7 properties the lease payments are predetermined as fixed payments. Administrative buildings are leased for the operations of the Group’s activities. During the year the Group terminated the leasing of 1 property in Mauritius and 1 in Kenya. Variable lease payments The percentages in the table below reflect the current proportions of lease payments that are either fixed or variable. The sensitivity reflects the impact on the carrying amount of lease liabilities and right-of-use assets if there was an uplift of 5% on the reporting date of lease payments that are variable.

Number of Lease Contracts

Sensitivity

Fixed payments %

GROUP

Sep-25 MUR m

Sep-25 MUR m

Sep-25 MUR m

Sep-24 MUR m

Sep-24 MUR m

Sep-24 MUR m

5.5 0.7 6.2

12 13 25

48% 52%

7.5 0.9 8.4

18

69% 31%

Property leases with payments linked to inflation Property leases with pre-determined fixed payments

8

100%

26

100%

Number of Lease Contracts

Sensitivity

Fixed payments %

COMPANY

Sep-25 MUR m

Sep-25 MUR m

Sep-25 MUR m

Sep-24 MUR m

Sep-24 MUR m

Sep-24 MUR m

5.5 0.7 6.2

11 12 23

48% 52%

7.5 0.7 8.2

18

78% 22%

Property leases with payments linked to inflation Property leases with pre-determined fixed payments

5

100%

23

100%