Osim FR 050407.indd

Notes to the Financial Statements - 31 December 2006 (cont’d)43. Financial instruments (cont’d)c) Interest rate risk (cont’d)Within 1 year 1 to 5 years Over 5 years$’000 $’000 $’0002005GroupFixed RateLease obligations 1,552 3,150 –Interest rate swap (fair value hedge) – 738 –Floating RateFixed deposits 31,046 – –Cash at bank 27,889 – –Bank overdraft 2,858 – –Short-term bank loans 14,155 – –Bank loans 23,491 88,467 1,995Bills payable 49,618 – –CompanyFixed RateInterest rate swap (fair value hedge) – 738 –Floating RateFixed deposits 29,588 – –Cash at bank 9,223 – –Bank loans 20,000 80,000 –Bills payable 45,867 – –Interest on fi nancial instruments subject to fl oating rates is contractually repriced at intervals of less than 3 months. Interest onfi nancial instruments at fi xed rates are fi xed until the maturity of the instruments. The other fi nancial instrument of the Group andthe Company that are not included in the above tables are not subject to interest rate risks.Notes to the Financial Statements 166Annual Report 2006