✨ Financial Statements Continuation
2956 NEW ZEALAND GAZETTE, No. 104 13 JULY 2011
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 2011 | 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 | 166 | 166 | 166 | ||||
| Total non-derivative liabilities | 166 | 166 | 166 | ||||
| Investments | 143,085 | ||||||
| Loans | 237 | 41 | 41 | 51 | 104 | ||
| Total non-derivative assets |
| Trust 2010 | | | | | | | |
| 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 | | | | | | | |
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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NZ Gazette 2011, No 104
✨ LLM interpretation of page content
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BayTrust Financial Statements
(continued from previous page)
🏢 State Enterprises & InsuranceFinancial Instruments, Liquidity Risk, Cash Flows, Investments, Loans