Notes to and forming part of the consolidated financial
statements for the year ended 30 June 2010
Note 2. Financial, capital and other risk management (continued)
Liquidity risk, maturities, weighted average interest rate, contractual cash flows and fair values
More T otal Fair
Interest 1 year    1 year to than contractual value
ra te or less 5 years 5 years cash flow* (level 2)
% $’000 $’000 $’000 $’000 $’000
Consolidated 2010
Trade and other payables - 507,702 - - 507,702 507,702
Current tax liabilities - 25,852 - - 25,852 25,852
Deferred purchase consideration 625 625 625
Derivatives – interest rate swap - 933 - - 933 821
Derivatives - forward exchange contracts - 5 5 5
535,117 - - 535,117 535,005
Loans and borrowings
Cash advances** 2.93 15,697 133,802 - 149,499 149,499
Mandatory Convertible Note 8.38 9,112 13,780 - 22,892 21,779
United States Private Placement 5.99 12,015 71,092 215,674 298,781 236,523
Finance lease liabilities 8.13 5,023 14,425 986 20,434 17,156
Total loans and borrowings 41,847 233,099 216,660 491,606 424,957
Total financial liabilities 576,964 233,099 216,660 1,026,723 959,962
Consolidated 2009
Trade and other payables - 499,772 - - 499,772 499,772
Current tax liabilities - 218 - - 218 218
Deferred purchase consideration - 3,662 - - 3,662 3,662
Derivatives - 3,073 246 - 3,319 3,102
506,725 246 - 506,971 506,754
Loans and borrowings
Cash advances and bridge facility** 3.22 15,659 427,634 - 443,293 443,293
Mandatory Convertible Note 8.38 8,983 22,569 - 31,552 26,551
Finance lease liabilities 8.11 4,703 13,907 972 19,582 16,826
Other loans - 959 - - 959 959
Total loans and borrowings 30,304 464,110 972 495,386 487,629
Total financial liabilities 537,029 464,356 972 1,002,357 994,388
* Total contractual cash flows are undiscounted and include contractual interest payments. Carrying values exclude interest obligations
** Where interest rates are variable and /or there are no fixed repayments contractual cash flows and fair values are the same as the carrying value.
The impact of derivatives on profits is expected to coincide with the cash flow impact above.