NOTES TO THE FINANCIAL STATEMENTS
FOR THE FInAncIAL yEAR EnDED 30 JunE 2016
30
FINANCIAL INSTRUMENTS (CONT’D)
b)
Financial risk management objectives and policies (cont’d)
Liquidity risk (cont’d)
The board of Directors exercises prudent liquidity and cash flow risk management policies and aims at
maintaining an adequate level of liquidity and cash flow at all times.
The table below summarises the maturity profile of the Group’s financial liabilities at the reporting date
based on contractual undiscounted repayment obligations.
Repayable
on demand
or within Within 2 to
Over
1 year
5 years
5 years
Total
$’000
$’000
$’000
$’000
Group
At 30 June 2016
Trade and other payables
20,999
–
– 20,999
Finance lease liabilities
898
1,814
58
2,770
Bank borrowings
4,262
1,827
615
6,704
26,159
3,641
673
30,473
At 30 June 2015
Trade and other payables
17,148
–
– 17,148
Finance lease liabilities
586
855
109
1,550
Bank borrowings
3,044
–
–
3,044
20,778
855
109
21,742
Company
At 30 June 2016
Trade and other payables
3,415
–
–
3,415
Financial guarantee contracts
3,421
–
–
3,421
6,836
–
–
6,836
At 30 June 2015
Trade and other payables
3,014
–
–
3,014
Financial guarantee contracts
2,328
–
–
2,328
5,342
–
–
5,342
106
ISOTEAM LTD.
ANNUAL REPORT 2016
