Strength & Stability - ECS Holdings Limited
Strength & Stability - ECS Holdings Limited
Strength & Stability - ECS Holdings Limited
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18 Financial Liabilities (Cont’d)<br />
Liquidity Risk<br />
The following are the contractual undiscounted cash outflows of financial liabilities, including interest payments and excluding the<br />
impact of netting agreements:<br />
Cash flows<br />
Carrying<br />
amount<br />
Contractual<br />
cash flows<br />
Within<br />
1 year<br />
Between<br />
1 to 5 years<br />
Group $’000 $’000 $’000 $’000<br />
2008<br />
Non-derivative financial liabilities<br />
Unsecured bank overdrafts 1,016 (1,016) (1,016) -<br />
Unsecured trade financing 25,621 (25,621) (25,621) -<br />
Unsecured bank loans 166,555 (171,505) (102,052) (69,453)<br />
Finance lease liabilities 222 (222) (4) (218)<br />
Trade and other payables* 241,827 (241,827) (241,827) -<br />
435,241 (440,191) (370,520) (69,671)<br />
2007<br />
Non-derivative financial liabilities<br />
Unsecured trade financing 29,902 (29,902) (29,902) -<br />
Unsecured bank loans 154,280 (154,796) (154,796) -<br />
Finance lease liabilities 27 (27) (22) (5)<br />
Trade and other payables* 233,088 (233,088) (233,088) -<br />
Derivative financial liabilities<br />
Forward exchange contracts used for hedging 6,329 (6,329) (6,329) -<br />
423,626 (424,142) (424,137) (5)<br />
* excludes accrued operating expenses<br />
p.<br />
80<br />
Notes to the<br />
Financial Statements<br />
These notes form an integral part of the financial statements.<br />
<strong>ECS</strong> <strong>Holdings</strong> <strong>Limited</strong>
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