Notes to the Financial Statements
(Cont’d)
For the financial year ended 30 April 2016
(In Singapore Dollar)
ANNUAL REPORT 2016
DRIVING IT UP
| 99
35.
Financial risk management objectives and policies (cont’d)
(b)
Interest rate risk (cont’d)
Group
Within 1
year
Within 1-2
years
Within 2-3
years
Within 3-4
years
Within 4-5
years
More than
5 years
Total
$’000
$’000
$’000
$’000
$’000
$’000
$’000
2016
Fixed rate
Derivatives assets
7
–
–
–
–
–
7
Obligations under hire-purchase
827
613
599
20
2
–
2,061
Bank loan
88
88
88
61
–
–
325
Floating rate
Obligations under hire-purchase
51
41
28
20
–
–
140
Trust receipts
49,686
–
–
–
–
– 49,686
Bank loans
10,482 16,270
3,646
3,574
7,763 15,576 57,311
2015
Fixed rate
Derivatives assets
41
–
–
–
–
–
41
Derivatives liabilities
3
–
–
–
–
–
3
Obligations under hire-purchase 1,115
844
560
553
13
–
3,085
Bank loans
8,092
92
92
92
72
–
8,440
Floating rate
Obligations under hire-purchase
54
24
16
101
–
–
195
Trust receipts
70,641
–
–
–
–
– 70,641
Bank loans
14,104
4,632
14,795
2,177
2,142 10,614 48,464
