72
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 liabilities
The following tables detail the remaining contractual maturity for non-derivative financial liabilities. The tables have been
drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Group and
Co-operative can be required to pay. The table includes both interest and principal cash flows.
No sensitivity analysis is disclosed by the Group and Co-operative as the effect is not material.
Weighted
average
effective
interest rate
On
demand
or within
1 year
Total
%
$’000
$’000
Group
December 31, 2014
Non-interest bearing
-
805,665
805,665
Variable interest rate instruments
7.5
285,041
285,041
1,090,706 1,090,706
December 31, 2013
Non-interest bearing
-
709,793
709,793
Variable interest rate instruments
5.0
185,926
185,926
895,719
895,719
Co-operative
December 31, 2014
Non-interest bearing
-
846,858
846,858
Variable interest rate instruments
7.5
285,041
285,041
1,131,899 1,131,899
December 31, 2013
Non-interest bearing
-
749,709
749,709
Variable interest rate instruments
5.0
185,926
185,926
935,635
935,635
