annual report/2006 - University of Melbourne

Notes to and forming part of the Financial Statements
Note 32 Financial Instruments (Continued)
32.3
The following table details the consolidated entity’s exposure to interest rate risk on financial assets and financial liabilities at
31 December 2005.
Financial Instruments Interest earning maturing in Consolidated
carrying
Non- 1 year Over 1 More
amount as per
Interest or less year to 5 than 5
Balance Sheet
Bearing
years years
Financial Assets
Price Risk
Interest Rate Risk
Weighted
Average
Effective
Interest Rate
$’000 $’000 $’000 $’000 $’000 %
Term Deposits - 17,238 - - 17,238 5.50
Floating Rate Notes - - - - - 5.28
Corporate Securities - 11,234 68,092 27,984 107,310 6.55
Commercial Paper - 41,591 - - 41,591 5.73
Market Risk
Listed Shares 804,964 - - - 804,964 -
Unlisted Shares 4,336 - - - 4,336 -
Listed Securities 3,504 - - - 3,504 -
Unit Trusts 157,204 - - - 157,204 -
Mortgage Loans 90 - - - 90 -
International and Domestic Bonds - - 20,220 - 20,220 -
Credit Risk
Receivables 174,124 - - - 174,124 -
Student Loans Receivable 1,864 - - - 1,864 -
Cash Flow Risk
Cash and Deposits 118 72,458 - - 72,576 4.75
Bank Call Deposits - - - - - -
Total Financial Assets 1,146,203 142,521 88,312 27,984 1,405,021
Financial Liabilities
Credit Risk
Creditors and Accruals 73,991 - - - 73,991 -
Bank Borrowing - 2,354 11,309 128,504 142,167 7.32
Finance Lease Liabilities - 514 1,313 - 1,827 7.00
Total Financial Liabilities 73,991 2,868 12,622 128,504 217,985
Net Financial Instruments 1,072,211 139,653 75,690 (100,520) 1,187,036
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The University of Melbourne Annual Report 2006