Aeris Annual Report 2022

Aeris Resources Limited
Notes to the consolidated financial statements
30 June 2022
22. Financial instruments (continued)
Remaining
1 year or less
Between 1
and 5 years Over 5 years
contractual
maturities
2021 $'000 $'000 $'000 $'000
Non-derivatives
Non-interest bearing
Trade and other payables 68,949 - - 68,949
Deferred consideration 15,000 - - 15,000
Contingent consideration - 21,309 5,618 26,927
Interest-bearing - variable
Loans 56 222 198 476
Interest-bearing - fixed rate
Loans 4,924 27,303 - 32,227
Lease liability 4,369 4,488 - 8,857
Total non-derivatives 93,298 53,322 5,816 152,436
Derivatives
Commodity contracts - cash flow hedges 3,641 - - 3,641
Total derivatives 3,641 - - 3,641
Please refer to note 33 for additional information regarding events after the reporting period that impact the timing of
cash flows disclosed above.
Fair value of financial instruments
Unless otherwise stated, the carrying amounts of financial instruments reflect their fair value.
23. Fair value measurement
Fair value hierarchy
The following tables detail the consolidated entity's assets and liabilities, measured or disclosed at fair value, using a
three level hierarchy, based on the lowest level of input that is significant to the entire fair value measurement, being:
Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the
measurement date.
Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly
or indirectly.
Level 3: Unobservable inputs for the asset or liability.
Level 1 Level 2 Level 3 Total
2022 $'000 $'000 $'000 $'000
Assets
Australian listed equity securities 2,104 - - 2,104
Total assets 2,104 - - 2,104
Liabilities
Hedging derivatives - 596 - 596
Contingent consideration payable - - 22,016 22,016
Total liabilities - 596 22,016 22,612
33
ADVANCING AERIS
109