β¨ Financial Statements Notes
Notes to the financial statements (continued)
in New Zealand Dollars ($000's)
13 Financial instruments (continued)
Liquidity risk
The following table sets out the contractual cash flows for all financial assets, liabilities and for derivatives that are settled on a gross cash flow basis:
| Trust 2009 | Balance sheet | Contractual cash flows | 0 months or less | 6-12 months | 1-2 years | 2-5 years | More than 5 years |
|---|---|---|---|---|---|---|---|
| Trade and other payables | 306 | 306 | 306 | ||||
| Total non-derivative liabilities | 306 | 306 |
| Investments | 109,304 | | | | | | |
| Loans | 187 | 187 | 187 | 42 | 37 | 67 | 41 |
| Total non-derivative assets | | | | | | | |
| Trust 2008 |
|---------------------------|---------------|------------------------|------------------|-------------|-----------|-----------|------------------|
| Trade and other payables | 320 | 320 | 320 | | | | |
| Total non-derivative liabilities | | 320 | 320 | | | | |
| Investments | 131,471 | | | | | | |
| Loans | 234 | 234 | 234 | 38 | | 65 | 93 |
| Total non-derivative assets |
Global bonds, equities and property are investments denominated in foreign currencies. These are hedged to New Zealand dollars within the fund by way of foreign exchange contracts.
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β¨ LLM interpretation of page content
π°
BayTrust Annual Report for 2008-2009
(continued from previous page)
π° Finance & Revenue9 July 2009
Financial Instruments, Liquidity Risk, Contractual Cash Flows, Investments, Loans
NZ Gazette 2009, No 122