foundation annual report 2009â10 - National Gallery of Australia
foundation annual report 2009â10 - National Gallery of Australia
foundation annual report 2009â10 - National Gallery of Australia
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
NATIONAL GALLERY OF AUSTRALIA FOUNDATION<br />
FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2010<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
16. FINANCIAL INSTRUMENTS<br />
The Foundation’s financial instruments consist mainly <strong>of</strong> deposits with banks, short term investments and accounts receivables and payables.<br />
(a)<br />
Composition and maturity analysis<br />
Financial Instrument Note Floating Interest Rate Fixed Interest Rate <strong>of</strong> 1 Non-Interest Bearing Total<br />
Weighted Average<br />
2010 2009 year 2010 or less 2009 2010 2009 2010 2009 Effective 2010 Interest Rate 2009<br />
Financial Assets $ $ $ $ $ $ $ $ $ $<br />
Cash 4 54,605 31,433 54,605 31,433 4.51 4.53<br />
Term deposits 4 6,243,755 1,114,253 6,243,755 1,114,253 4.89 5.34<br />
Debtors 5 15,597 1,493 15,597 1,493<br />
Total Financial Assets 54,605 31,433 6,243,755 1,114,253 15,597 1,493 6,313,957 1,147,179<br />
Financial Liabilities<br />
Other payables 6 7,600 7,800 7,600 7,800<br />
Total Financial Liabilities 7,600 7,800 7,600 7,800<br />
76 national gallery <strong>of</strong> australia
Change language