Note 02
Financial risk management (continued)
The Group had access to the following overdraft facilities at the reporting date:
Consolidated
2012
2011
$’000
$’000
Floating rate
‑ Expiring within one year
(bank overdraft, business card and revolving lease facility)
20,000
20,000
The bank overdraft facilities may be drawn at any
time and the extension of such facilities beyond
the expiry date is at the discretion of the bank.
Maturities of financial assets based on
contractual maturities
The tables below analyse the Group’s financial
assets and liabilities into relevant maturity
groupings based on the remaining period at
the reporting date to the contractual maturity
date. The amounts disclosed in the table are the
contractual undiscounted cash flows.
Contractual maturities of
financial liabilities
Less
than 6
months
6 ‑ 12
months
Between
1 and 5
years
Over 5
years
Total
At 30 June 2012
$’000
$’000
$’000
$’000
$’000
Financial assets
Cash & cash equivalents
45,924
-
-
-
45,924
Trade & other receivables
102,870
-
-
-
102,870
Derivatives financial instruments
‑ foreign exchange
7
168
-
-
175
Total financial assets
148,801
168
-
-
148,969
Financial liabilities
Trade & other payables
157,893
-
-
-
157,893
Bond Issue
-
-
299,936
198,991
498,927
Borrowings
20,002
-
-
-
20,002
Derivatives financial instruments
‑ foreign exchange
33
-
-
-
33
Derivatives financial instruments
‑ interest rate swap
-
-
5,446
-
5,446
Other financial liabilities
116
117
392
-
625
Total financial liabilities
178,044
117 305,774 198,991 682,926
74
