111 / 132
Less than
6 months
6 - 12
months
Between
1 and 5
years
Over 5
years
Total
cash-
flows
At 30 June 2017
$’000 $’000 $’000 $’000 $’000
Financial assets
Cash & cash equivalents
108,236
-
-
- 108,236
Trade & other receivables
72,001
42
374
271 72,688
Total financial assets
180,237
42
374
271 180,924
Financial liabilities
Trade & other payables
80,701
-
-
-
80,701
Bond issue
213,344 6,094 207,344 139,063 565,845
Borrowings
15,001
-
-
-
15,001
Derivatives financial liabilities -
foreign exchange
19
-
-
-
19
Other liabilities
110,415
6
49
442 110,912
Total financial liabilities
419,480 6,100 207,393 139,505 772,478
30 June 2016
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 13,444 421,156 144,688 592,532
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
(c) Liquidity risk (continued)
109
(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 11
FINANCIAL RISK MANAGEMENT (CONTINUED)