Page 77 - ar2012

73 Annual Report 2012
31 Financial Risks Management Policies (cont’d)
(b) Interest rate risk (cont’d)
The following table sets out the carrying amounts as at year end, by maturity or repricing, whichever is
earlier, of the fnancial instruments of the Group that are exposed to interest rate risk:
Group
Variable rates Fixed rates
Within
12 months
S$
1 to 5
years
S$
After
5 years
S$
Within
12 months
S$
1 to 5
years
S$
After
5 years
S$
Non-
Interest
Bearing
S$
Total
S$
At 30 September 2012
Financial Assets
Cash and bank balances 1,410,310 - - 1,058,225 40,180 - 15,591,533 18,100,248
Trade and other
receivables - - - - - - 20,165,663 20,165,663
Other fnancial assets - - - - - - 164,221 164,221
Total Financial Assets 1,410,310 - - 1,058,225 40,180 - 35,921,417 38,430,132
Financial Liabilities
Borrowings 37,222,362 30,929,406 13,193,492 - - - - 81,345,260
Finance lease liabilities - - - 24,203 24,837 - - 49,040
Trade and other
payables - - - - - - 7,836,882 7,836,882
Total Financial Liabilities 37,222,362 30,929,406 13,193,492 24,203 24,837 - 7,836,882 89,231,182
At 30 September 2011
(Restated)
Financial Assets
Cash and bank balances 177,050 - - 1,056,581 40,000 - 11,676,207 12,949,838
Trade and other
receivables - - - - - - 16,177,911 16,177,911
Other fnancial assets - - - - - - 114,095 114,095
Total Financial Assets 177,050 - - 1,056,581 40,000 - 27,968,213 29,241,844
Financial Liabilities
Borrowings 20,363,150 25,927,973 11,355,081 - - - - 57,646,204
Finance lease liabilities - - - 34,534 62,906 - - 97,440
Trade and other
payables - - - - - - 5,200,921 5,200,921
Total Financial Liabilities 20,363,150 25,927,973 11,355,081 34,534 62,906 - 5,200,921 62,944,565
Notes to the Financial Statements
30 September 2012