AWB Limited - 2003 Annual Report

32. FINANCIAL INSTRUMENTS (continued)
(a) Interest rate risk (continued)
FIXED INTEREST RATE MATURING IN
Floating 1 year Over 1 More than Non–interest
Weighted average interest rate % interest rate or less to 5 years 5 years bearing Total
Notes CAD USD AUD $'000 $'000 $'000 $'000 $'000 $'000
2002
Financial assets
Cash assets 5 1.76 1.25
Receivables 6 n/a 3.90
Short term deposits 11 n/a n/a
Initial margin deposits 11 1.76 1.46
Financial assets – other 11 n/a n/a
4.45 69,921 – – – – 69,921
6.64 1,476,681 – – – 660,360 2,137,041
4.93 10,718 – – – – 10,718
n/a 14,198 – – – – 14,198
n/a – – – – 37,682 37,682
1,571,518 – – – 698,042 2,269,560
Financial liabilities
Payables 14 n/a n/a n/a – – – – 122,681 122,681
Interest bearing liabilities 15 n/a 2.06 4.53 1,637,518 – – – – 1,637,518
1,637,518 – – – 122,681 1,760,199
Unrecognised financial derivatives – face value
Assets
Interest rate swaps n/a n/a n/a 90,000 – – – – 90,000
Interest rate options n/a n/a 5.19 – 240,000 15,000 – – 255,000
90,000 240,000 15,000 – – 345,000
Liabilities
Interest rate swaps n/a n/a
Interest rate options n/a n/a
Interest rate futures n/a n/a
5.75 – – 90,000 – – 90,000
5.16 – 265,000 40,000 – – 305,000
5.08 – 50,000 – – – 50,000
– 315,000 130,000 – – 445,000
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