Wellcom_FY11-Financial-Report

In addition the group maintains the following lines

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Unformatted text preview: rcumstances that cannot reasonably be predicted, such as natural disasters. In addition, the Group maintains the following lines of credit: • • • • • $6.0 million commercial bill facility; $1.0 million hire purchase and lease facility; $1.46 million bank guarantee facility; $1.0 million secured overdraft facility; and $2.3 million sundry cashing facility. The following are the Group’s contractual maturities of financial liabilities, including estimated interest payments and excluding the impact of netting agreements: 2011 ($’000) Non-derivative financial liabilities Unsecured loans Hire purchase liabilities Trade and other payables Carrying Amount 12,014 12,014 Contractual cash flows 12,014 12,014 Carrying Amount 1,022 3,756 6,976 11,754 Contractual cash flows 1,188 4,189 6,976 12,353 6 mths or less 12,014 12,014 6-12 mths - 1-2 years - 2-5 years - More than 5 years - 1-2 years 184 3,285 3,469 2-5 years 820 820 More than 5 years - 2010 ($’000) Non-derivative financial liabilities Unsecured loans Hire purchase liabilities Trade and other payables 6 mths or less 92 452 6,976 7,520 6-12 mths 92 452 544 Market risk Market risk is the risk that changes in market prices, such as foreign exchange rates, interest rates and equity prices wil...
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