Notes to the Financial Statements
(Cont’d)
For the financial year ended 30 April 2016
(In Singapore Dollar)
ANNUAL REPORT 2016
DRIVING IT UP
| 103
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
2016
Company
Financial assets
Other receivables
94
–
–
94
Cash and cash equivalents
373
–
–
373
Total undiscounted financial assets
467
–
–
467
Financial liabilities
Other payables
711
–
–
711
Derivatives
39
–
–
39
Total undiscounted financial liabilities
750
–
–
750
Total net undiscounted financial liabilities
(283)
–
–
(283)
2015
Group
Financial assets
Trade and other receivables
82,021
–
–
82,021
Derivatives
229
–
–
229
Cash and cash equivalents
15,850
–
–
15,850
Total undiscounted financial assets
98,100
–
–
98,100
Financial liabilities
Trade payables, trust receipts and other
payables
106,134
–
–
106,134
Derivatives
54
–
–
54
Hire-purchase liabilities
1,227
2,164
–
3,391
Loans and borrowings
22,957
24,935
10,973
58,865
Total undiscounted financial liabilities
130,372
27,099
10,973
168,444
Total net undiscounted financial liabilities
(32,272)
(27,099)
(10,973)
(70,344)
