/ . 9 7
A N N U A L R E P O R T 2 0 1 5
T H E S T R E N G T H O F O U R B R A N D S
23 .
F i nanc i a l i n s t r umen t s : i n f o rma t i on on F i nanc i a l r i s k s ( Con t ’ d )
23E. Liquidity risk – Financial Liabilities maturity analysis
The following table analyses the non-derivative financial liabilities by remaining contractual maturity (contractual and
undiscounted cash flows):
Less than
1 year
2 – 5
years
after
5 years
Total
$’000
$’000
$’000
$’000
group
2015:
Non-derivative financial liabilities:
Trade and other payables
1,447
–
–
1,447
Gross borrowing commitments
7,277
5,208
9,286
21,771
At end of the year
8,724
5,208
9,286
23,218
2014:
Non-derivative financial liabilities:
Trade and other payables
3,454
–
–
3,454
Gross borrowing commitments
2,834
6,163
10,467
19,464
At end of the year
6,288
6,163
10,467
22,918
Company
2015:
Non-derivative financial liabilities:
Trade and other payables
347
–
–
347
Financial guarantee contracts – in favour of certain
subsidiaries
65,377
–
–
65,377
At end of the year
65,724
–
–
65,724
2014:
Non-derivative financial liabilities:
Trade and other payables
100
–
–
100
Financial guarantee contracts – in favour of certain
subsidiaries
40,751
–
–
40,751
At end of the year
40,851
–
–
40,851
The above amounts disclosed in the maturity analysis are the contractual undiscounted cash flows and such
undiscounted cash flows differ from the amount included in the statement of financial position. When the counterparty
has a choice of when an amount is paid, the liability is included on the basis of the earliest date on which it can be
required to pay. At the end of the reporting year no claims on the financial guarantees are expected.
