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Maturities of financial assets and liabilities 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 principal and accrued interest undiscounted
cash flows.
Less than
6 months
6 - 12
months
Between
1 and 5
years
Over 5
years
Total
cash-
flows
At 30 June 2016
$’000 $’000 $’000 $’000 $’000
Financial assets
Cash & cash equivalents
107,461
-
-
- 107,461
Trade & other receivables
64,066
34
367
340 64,807
Derivatives financial instruments -
foreign exchange
38
-
-
-
38
Total financial assets
171,565
34
367
340 172,306
Financial liabilities
Trade & other payables
82,001
-
-
-
82,001
Bond issue
13,344 13,344 421,156 144,688 592,532
Borrowings
145,333
-
-
- 145,333
Other liabilities
73,764
6
49
454 74,273
Total financial liabilities
314,442 13,350 421,205 145,142 894,139
30 June 2015
Financial assets
Cash & cash equivalents
319,937
-
-
- 319,937
Trade & other receivables
61,425
-
-
-
61,425
Total financial assets
381,362
-
-
- 381,362
Financial liabilities
Trade & other payables
88,978
-
-
-
88,978
Bond issue
17,474 267,480 442,219 150,312 877,485
Borrowings
261,750
-
-
- 261,750
Derivatives financial liabilities - interest
rate swap
632
632
-
-
1,264
Other liabilities
1,559
-
-
-
1,559
Total financial liabilities
370,393 268,112 442,219 150,312 1,231,036
(d) Fair value measurements
(i) Fair value hierarchy and accounting classification
Judgements and estimates are made in determining the fair values of the items that are recognised
and measured at fair value in the financial statements. The reliability of the inputs used in determining
fair value, has been classified into the three levels prescribed under AASB 13. An explanation of each
level follows underneath the table.
NOTE 12 (CONTINUED)
FINANCIAL RISK MANAGEMENT
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