β¨ Financial Statements
2794 NEW ZEALAND GAZETTE, No. 104 18 AUGUST 2010
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 2010 | Balance sheet | Contractual cash flows | 6 months or less | 6-12 months | 1-2 years | 2-5 years | More than 5 years |
|---|---|---|---|---|---|---|---|
| Trade and other payables | 147 | 147 | 147 | ||||
| Total non-derivative liabilities | 147 | 147 | 147 |
| Investments | 136,973 | | | | | | |
| Loans | 140 | | 34 | 34 | 25 | 19 | 28 |
| Total non-derivative assets | | | | | | | |
| Trust 2009 |
| Trade and other payables | 306 | 306 | 306 | | | | |
| Total non-derivative liabilities | 306 | 306 | 306 | | | | |
| Investments | 109,304 | | | | | | |
| Loans | 187 | | 187 | 42 | 37 | 67 | 41 |
| 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 the year ended 31 March 2010
(continued from previous page)
π° Finance & RevenueFinancial statements, Revenue, Expenses, Grants, Investments, Taxation, Cash, Trust Funds, Interest rate risk, Credit risk, Financial instruments
NZ Gazette 2010, No 104