Notes to the Financial Statements
(Cont’d)
For the financial year ended 30 April 2016
(In Singapore Dollar)
STAMFORD TYRES CORPORATION LIMITED
104 |
DRIVING IT UP
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)
