Notes to the Financial Statements
(Cont’d)
For the year ended 30 April 2015
(In Singapore Dollars)
ANNUAL REPORT 2015
94
BUILDING ON OUR EXTENSIVE NETWORK
35. Financial risk management objectives and policies (cont’d)
(d)
Liquidity risk (cont’d)
1 year
or less
2 to 5
years
Over 5
years
Total
$’000
$’000
$’000
$’000
2015
Company
Financial assets
Other receivables
91
–
–
91
Cash and cash equivalents
357
–
–
357
Total undiscounted financial assets
448
–
–
448
Financial liabilities
Other payables
612
–
–
612
Derivatives
3
–
–
3
Total undiscounted financial liabilities
615
–
–
615
Total net undiscounted financial liabilities
(167)
–
–
(167)
1 year
or less
2 to 5
years
Over 5
years
Total
$’000
$’000
$’000
$’000
2014
Group
Financial assets
Trade and other receivables
78,642
–
–
78,642
Cash and cash equivalents
18,637
–
–
18,637
Total undiscounted financial assets
97,279
–
–
97,279
Financial liabilities
Trade payables, trust receipts and other
payables
104,877
–
–
104,877
Derivatives
265
–
–
265
Hire-purchase liabilities
859
886
–
1,745
Loans and borrowings
14,356
27,520
12,825
54,701
Total undiscounted financial liabilities
120,357
28,406
12,825
161,588
Total net undiscounted financial liabilities
(23,078)
(28,406)
(12,825)
(64,309)
