Eurosports Global - Annual Report 2016 - page 100

GOING
THE DISTANCE
EUROSPORTS
GLOBAL .98
NOT E S TO T HE
F I NANC I A L S TAT EMEN T S
YEAR ENDED
31 MARCH, 2016
24. FINANCIAL INSTRUMENTS: INFORMATION ON FINANCIAL RISKS (CONT’D)
24D. Credit risk on financial assets (cont’d)
Other receivables are normally with no fixed terms and therefore there is no maturity. Trade receivable amounts that
are over 365 days have been fully provided as at 31 March 2016 and 31 March 2015.
24E. Liquidity risk – financial liabilities maturity analysis
The following table analyses the non-derivative financial liabilities by remaining contractual maturity (contractual
and undiscounted cash flows):
Group
Less than
1 year 2 – 5 years After 5 years Total
$’000 $’000 $’000 $’000
2016:
Non-derivative financial liabilities:
Trade and other payables 4,652 – – 4,652
Gross borrowing commitments 27,453 7,331 8,113 42,897
At end of the year 32,105 7,331 8,113 47,549
2015:
Non-derivative financial liabilities:
Trade and other payables 1,447 – – 1,447
Gross borrowing commitments 7,679 4,706 9,286 21,671
At end of the year 9,126 4,706 9,286 23,118
Company
Less than
1 year 2 – 5 years After 5 years Total
$’000 $’000 $’000 $’000
2016:
Non-derivative financial liabilities:
Trade and other payables 131 – – 131
Financial guarantee contracts – in favour
of certain subsidiaries 58,089 – – 58,089
At end of the year 58,220 – – 58,220
2015:
Non-derivative financial liabilities:
Trade and other payables 347 – – 347
Financial guarantee contracts – in favour
of certain subsidiaries 58,377 – – 58,377
At end of the year 58,724 – – 58,724