34.
FINANCIAL RISK MANAGEMENT (CONTINUED)
(b)
Liquidity risk (continued)
Within
one year
Two to
five years
Total
$’000
$’000
$’000
Company
As at 31 December 2015
Financial assets:
Trade and other receivables
46,362
–
46,362
Cash and bank balances
33,701
–
33,701
Total undiscounted financial assets
80,063
–
80,063
Financial liabilities:
Derivative financial instruments
59
–
59
Trade and other payables
8,982
–
8,982
Finance lease payables
250
395
645
Bank borrowings
4,291
2,696
6,987
Total undiscounted financial liabilities
13,582
3,091
16,673
Total net undiscounted financial assets/
(liabilities)
66,481
(3,091)
63,390
As at 31 December 2014
Financial assets:
Trade and other receivables
49,906
–
49,906
Cash and bank balances
45,222
–
45,222
Total undiscounted financial assets
95,128
–
95,128
Financial liabilities:
Trade and other payables
28,660
–
28,660
Bank borrowings
5,990
7,110
13,100
Total undiscounted financial liabilities
34,650
7,110
41,760
Total net undiscounted financial assets/
(liabilities)
60,478
(7,110)
53,368
122
NOTES TO THE
FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2015
