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Fair Value Of Financial Instruments (Tables)
9 Months Ended
Mar. 31, 2019
Fair Value Of Financial Instruments [Abstract]  
Impact of EBITDA Multiple
    Sensitivity for
    fair value of
    Cell C investment
EBITDA multiple of 5.90 times $ 105,601
EBITDA multiple of 6.40 times   121,941
EBITDA multiple of 6.90 times $ 138,347
Outstanding Foreign Exchange Contracts
    Fair market  
Notional amount Strike price value price Maturity
USD 420,000 ZAR 15.5704 ZAR 14.5150

 April 26, 2019 

Fair Value Of Assets And Liabilities Measured On Recurring Basis

 

    Quoted price in   Significant        
    active markets   other   Significant    
    for identical   observable   unobservable    
    assets   inputs   inputs    
    (Level 1)   (Level 2)   (Level 3)   Total
Assets                
Investment in Cell C $ - $ - $ 121,941 $ 121,941
Related to insurance business:                
Cash, cash equivalents and restricted cash                
(included in other long-term assets)   596   -   -   596
Fixed maturity investments (included in                
cash and cash equivalents)   4,620   -   -   4,620
Other   -   420   -   420
Total assets at fair value $ 5,216 $ 420 $ 121,941 $ 127,577
 
Liabilities                
Foreign exchange contracts   -   31   -   31
Total liabilities at fair value $ - $ 31 $ - $ 31

 

    Quoted price in   Significant        
    active markets   other   Significant    
    for identical   observable   unobservable    
    assets   inputs   inputs    
    (Level 1)   (Level 2)   (Level 3)   Total
Assets                
Investment in Cell C $ - $ - $ 172,948 $ 172,948
Related to insurance business:                
Cash and cash equivalents (included in other                
long-term assets)   610   -   -   610
Fixed maturity investments (included in cash                
and cash equivalents)   8,304   -   -   8,304
Other   -   18   -   18
Total assets at fair value $ 8,914 $ 18 $ 172,948 $ 181,880
Liabilities                
DNI contingent consideration $ - $ - $ 27,222 $ 27,222
Total liabilities at fair value $ - $ - $ 27,222 $ 27,222

 

Carrying Value Of Assets And Liabilities Measured On Recurring Basis

 

    Carrying value  
Assets      
Balance as at June 30, 2018 $ 172,948  
Loss on fair value re-measurements   (42,099 )
Foreign currency adjustment(1)   (8,908 )
Balance as of March 31, 2019 $ 121,941  
Liabilities      
Balance as at June 30, 2018 $ 27,222  
Accretion of interest   1,848  
Settlement of contingent consideration (Note 2 and Note 16)   (27,626 )
Foreign currency adjustment(1)   (1,444 )
Balance as of March 31, 2019 $ -  

 

(1) The foreign currency adjustment represents the effects of the fluctuations of the South African rand and the U.S. dollar on the carrying value.

    Carrying value
Assets    
Acquisition of investment in Cell C $ 151,003
Gain on fair value re-measurements   37,843
Foreign currency adjustment(1)   18,124
Balance as of March 31, 2018 $ 206,970

 

     (1) The foreign currency adjustment represents the effects of the fluctuations of the South African rand and the U.S. dollar on the carrying value.