33. Financial risk management objectives and policies (cont’d)
(c) Liquidity risk (cont’d)
Contractual Cash Flows
Between
Carrying
Within 1 and 5 After
amounts Total
1 year
years 5 years
$’000 $’000 $’000 $’000 $’000
Group
2014
Derivative Financial
Instruments
Derivative financial
liabilities
(2)
- inflow
41
41
–
–
- outflow
(42)
(42)
–
–
Non-derivative
Financial Instruments
Trade and other
receivables
276,208 276,208 276,208
–
–
Cash and bank
balances
73,155 73,155 73,155
–
–
Trade and other
payables
(181,172) (181,172) (181,172)
–
–
Trust receipts
(100,204) (100,520) (100,520)
–
–
Interest-bearing loans
and borrowings
(438,879) (466,772) (168,288) (296,977)
(1,507)
Bank overdraft
(6,724)
(6,724)
(6,724)
–
–
(377,618) (405,826) (107,342) (296,977)
(1,507)
The table below shows the contractual expiry by maturity of the Company’s
contingent liabilities and commitments. The maximum amount of the financial
guarantee contracts are allocated to the earliest period in which the guarantee could
be called.
Company
Within 1 Between 1 After 5
year and 5 years years Total
$’000 $’000 $’000 $’000
2015
Corporate guarantees
on subsidiaries
341,619 171,810 68,001 581,430
2014
Corporate guarantees
on subsidiaries
181,013 261,053 264,667 706,733
NOTES TO THE FINANCIAL
STATEMENTS
For the financial year ended 30 June 2015
ASL Marine Holdings Ltd. /Annual Report 2015
156
