AWB Limited - 2004 Annual Report

31. FINANCIAL INSTRUMENTS (continued)
(a) Interest rate risk (continued)
FIXED INTEREST RATE MATURING IN
Floating More Non–
interest 1 year Over 1 than interest
Weighted average interest rate % rate or less to 5 years 5 years bearing Total
2003 Notes CAD USD AUD $'000 $'000 $'000 $'000 $'000 $'000
Financial assets
Cash assets 5 n/a 1.18 1.34 54,785 – – – – 54,785
Receivables 6 n/a n/a 7.07 432,856 – – – 573,626 1,006,482
Short-term deposits 11 n/a n/a 4.77 36,005 – – – – 36,005
Initial margin deposits 11 1.10 0.45 5.78 5,387 – – – – 5,387
Financial assets – other 11 n/a n/a n/a – – – – 242,935 242,935
529,033 – – – 816,561 1,345,594
Financial liabilities
Payables 14 n/a n/a n/a – – – – 356,615 356,615
Interest bearing liabilities 15 n/a 1.65 4.93 963,805 92,595 4,678 – 1,806 1,062,884
Financial liabilities – other 17 n/a n/a n/a – – – – 66,800 66,800
963,805 92,595 4,678 – 425,221 1,486,299
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 4.90 – 340,000 – – – 340,000
Interest rate futures n/a n/a 4.98 – 30,000 – – – 30,000
90,000 370,000 – – – 460,000
Liabilities
Interest rate swaps n/a n/a 5.75 – – 90,000 – – 90,000
Interest rate options n/a n/a 4.09 – 295,000 – – – 295,000
Interest rate futures n/a n/a 4.96 – 15,000 – – – 15,000
– 310,000 90,000 – – 400,000
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