41 OPERA TIONAL AND FINANCIAL REPOR T NO TES T O AND FORMING P AR T OF THE A CCOUNT S 3 C A SH AND TERM DEPOSIT S 2018 2017 Cash at bank and in hand 587 696 362465 Short term Deposits 3 100 000 3 150 000 3687 696 3512465 Cash at bank earns interest at foating rates based on daily bank deposit rates Shortterm deposits are made for varying periods of up to twelve months depending on the immediate cash requirements of the en tity and earn interest at the respective shortterm deposit rates 4 TRADE AND O THER RECEIV ABLES T rade and other receivables 43867 71642 43867 71642 5 PREP A YMENT S Prepaid e xpenses 12 190 10 962 12 190 10 962 6 PROPER TY PLANT AND EQUIPMENT A t cost 89 760 76964 L ess accumulated depreciation 71269 71065 18491 5899 AMEC R eport 2018