122
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
for the financial year ended 31 December 2014
34.
FINANCIAL RISK MANAGEMENT (CONT’D)
(b)
Liquidity risk (cont’d)
Within
one year
Two to
five years
Total
$’000
$’000
$’000
Group
As at 31 December 2013
Financial assets:
Derivatives
44
–
44
Investment held for trading
53
–
53
Trade and other receivables
55,495
–
55,495
Cash and cash equivalents
16,123
–
16,123
Total undiscounted financial assets
71,715
–
71,715
Financial liabilities:
Trade and other payables
23,258
–
23,258
Finance lease payables
71
69
140
Bank borrowings
51,707
11,679
63,386
Total undiscounted financial liabilities
75,036
11,748
86,784
Total net undiscounted financial
liabilities
(3,321)
(11,748)
(15,069)
