b'NOTE 3: PROFIT BEFORE INCOME TAX20222021 $000$000 Profit before income tax has been determined after:(a)ExpensesDepreciation and amortisation of property, plant and equipment 15,36225,970 Depreciation of investment property 2,0282,537 Amortisation of intangible assets12,355321 Bad & Doubtful Debts10037 Defined contribution superannuation expense 18,40316,498(b)Finance CostsInterest and finance charges paid/payable on lease liabilities289338 Interest and finance charges paid/payable on borrowings526- Interest expenseunwinding of discount (refer note 13)220- Imputed Accommodation Bond/RAD interest expense369228 Accommodation Bond/RAD interest paid 453243 1,857809 Less amount capitalised(498)- Finance costs expensed1,359809(c)Revenue and Net GainsGain on disposal of non-current assets3,4641,156NOTE 4: CASH AND CASH EQUIVALENTS20222021 $000$000Cash on hand5756 Cash at bank and on deposit7,69852,487 Cash at bank - Capital Replacement Fund*1,3031,416 9,05853,959*Secured and restricted use Capital Replacement Fund accounts established in terms of sections 91 and 92 of the Retirement Villages Act 1999 which cannot be used by the entity in its ordinary activities.Accounting Policy Cash and cash equivalents include cash on hand, deposits held at call with banks, other short term highly liquid investments with original maturities of 3 months or less. For the purposes of the Statement of Cash Flows, cash and cash equivalents consist of cash and cash equivalents as defined above, net of outstanding bank overdrafts. Page | 29'