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77<br />
9. Financial Risk Management (continued)<br />
NORTHERN MINERALS LIMITED<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
Contractual maturities<br />
of financial liabilities<br />
As at 30 June <strong>2020</strong><br />
Non-derivatives<br />
Less than 6<br />
months<br />
6-12<br />
months<br />
Between 1<br />
and 2 years<br />
Between 2-<br />
5 years<br />
Total<br />
contractual<br />
cash flows<br />
Carrying<br />
amount<br />
$ $ $ $ $ $<br />
Trade payables 7,662,553 - - - 7,662,553 7,662,553<br />
Interest bearing liabilities 5,398,524 1,273,880 25,485 - 6,697,889 5,853,679<br />
Lease liabilities - - - - - -<br />
Total non-derivatives 13,061,077 1,273,880 25,485 - 14,360,442 13,516,232<br />
Derivatives<br />
Other financial liabilities - - - - - -<br />
Gross settled forward<br />
exchange contracts<br />
- - - - - -<br />
-(Inflow) - - - - - -<br />
-Outflow - - - - - -<br />
Total derivatives - - - - - -<br />
45<br />
NORTHERN MINERALS _ ANNUAL REPORT 2021