Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
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Note 15: Financial Instruments<br />
Note 15A: Categories of Financial Instruments<br />
<strong>Sugar</strong> <strong>Research</strong> <strong>and</strong> <strong>Development</strong> <strong>Corporation</strong><br />
NOTES OF THE FINANCIAL STATEMENTS<br />
2011<br />
$’000<br />
2010<br />
$’000<br />
Financial Assets<br />
Loans <strong>and</strong> receivables:<br />
Cash at bank or on deposit 9,153 9,990<br />
Receivables for goods <strong>and</strong> services 7 48<br />
Interest receivable 127 82<br />
Total 9,287 10,120<br />
Carrying amount of fi nancial assets<br />
Financial Liabilities<br />
At amortised cost:<br />
9,287 10,120<br />
Trade creditors (63) (36)<br />
Grants payable (47) (18)<br />
Provision for guarantees (18) (18)<br />
Total (128) (72)<br />
Carrying amount of fi nancial liabilities (128) (72)<br />
Note 15B: Net Income <strong>and</strong> Expense from Financial Assets<br />
Loans <strong>and</strong> receivables<br />
Interest revenue 664 457<br />
Net gain/(loss) from loans <strong>and</strong> receivables 664 457<br />
Net gain/(loss) from fi nancial assets 664 457<br />
SRDC Annual Report 2010–2011 103
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