RACING AND WAGERING WESTERN AUSTRALIA - RWWA Home

DISCLOSURES AND LEGAL COMPLIANCE
Interest rate sensitivity analysis
The following table represents a summary of the interest rate sensitivity of RWWA’s financial assets and liabilities at the end
of the reporting period on the surplus for the period and equity for 100 basis point in interest rates. It is assumed that a
change in interest rates is held constant throughout the reporting period.
-100 basis points +100 basis points
Carrying amount Surplus Equity Surplus Equity
$000 $000 $000 $000 $000
2012
Financial Assets
Cash and cash equivalents 56,174 (561) (561) 561 561
Financial Liabilities
Agent deposits 1,010 (10) (10) 10 10
Total (Decrease)/Increase (571) (571) 571 571
-100 basis points +100 basis points
Carrying amount Surplus Equity Surplus Equity
$000 $000 $000 $000 $000
2011
Financial Assets
Cash and cash equivalents 39,583 (395) (395) 395 395
Financial Liabilities
Agent deposits 1,030 (10) (10) 10 10
Total (Decrease)/Increase (405) (405) 405 405
Fair Values
All financial assets and liabilities recognised in the Statement of Financial Position, whether they are carried at cost or fair
value, are recognised at amounts that represent a reasonable approximation of fair value unless otherwise stated in the
applicable notes.
23 Commitments
Commitments are inclusive of GST.
2012 2011
$000 $000
Capital Commitments
Commitments in relation to capital expenditure contracted for at the reporting date but not recognised in the financial
statements as liabilities are payable as follows:
Within one year - 1,027
Later than one year but not later than five years - -
Later than five years - -
- 1,027
The capital commitments include amounts for:
Customer Information Terminals and communications upgrade - 697
Other miscellaneous capital projects - -
Property upgrades - 330
Motor Vehicles - -
Air Conditioning - -
Other miscellaneous capital - -
- 1,027
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