71
Notes to Financial Statements
December 31, 2014
4. Financial Instruments, Financial Risks and Capital Assets
Management (cont’d)
(b) Financial risk management policies and objectives (cont’d)
(iii) Interest rate risk management (cont’d)
Liquidity and interest risk analyses (cont’d)
Non-derivative financial assets (cont’d)
Weighted
average
effective
interest rate
On
demand
or within
1 year
Within
2 to
5 years Adjustment
Total
%
$’000
$’000
$’000
$’000
Co-operative
December 31, 2014
Non-interest bearing
-
277,890
-
-
277,890
Fixed interest rate
instruments
0.90
250,359
9,440
(11,195)
248,604
Variable interest rate
instruments
6.5
-
171,914
(7,214)
164,700
528,249
181,354
(18,409)
691,194
December 31, 2013
Non-interest bearing
-
237,824
-
-
237,824
Fixed interest rate
instruments
1.08
104,813
13,370
(7,501)
110,682
Variable interest rate
instruments
4.4
-
177,163
(7,364)
169,799
342,637
190,533
(14,865)
518,305
