134 135
28.
Accounting classifications and fair values (continued)
(a)
Accounting classifications (continued)
Trust
Note
Fair Value
Through
Profit or Loss
Fair Value –
Hedging
Instrument
Loans and
Receivables
Available-
For-Sale
Other
Financial
Liabilities
Within The
Scope of
Frs 39
Total
Carrying
Amount
$'000
$'000
$'000
$'000
$'000
$'000
2014
Financial Assets
Cash and cash
equivalents
10
–
–
2,864
–
–
2,864
Other financial assets
–
–
5
–
–
5
Loans to subsidiaries
13
–
–
375,817
–
–
375,817
Trade and
other receivables
14
–
–
4,891
–
–
4,891
Currency swaps
16
–
18,148
–
–
–
18,148
–
18,148 383,577
–
–
401,725
Financial Liabilities
Trade and
other payables
22
–
–
–
–
9,414
9,414
Borrowings
23
–
–
–
–
234,363 234,363
Currency forwards
16
916
–
–
–
–
916
Currency swaps
16
–
1,736
–
–
–
1,736
Interest rate swaps
16
–
514
–
–
–
514
916
2,250
–
–
243,777 246,943
The carrying values of fixed rate medium term note approximate their fair values. The fair values are estimated using
discounted cash flow analysis based on current rates for similar types of borrowing arrangements.
The carrying value less impairment provision of trade receivables and the carrying value of payables are assumed to
approximate their fair values.
The carrying value of other financial assets (current and non-current), trade and other payables (current and non-
current) and borrowings (current and non-current), are reasonable approximation of their fair values, either due to
their short-term nature or that they are floating rate instruments that are re-priced to market interest rates on or
near the end of the reporting period.
