15 FINANCIAL RISK MANAGEMENT (CONTINUED)
15.4 Liquidity risk (continued)
The following are the contractual undiscounted cash flows of financial liabilities, including estimated profit
payments and excluding the impact of netting agreements:
<------------ Cash flows ------------>
Carrying Contractual Less than
Between More than
amount cash flows
1 year 1 to 5 years
5 years
Group
$’000
$’000
$’000
$’000
$’000
2014
Non-derivative financial liabilities
Commodity Murabaha Facilities
220,117
(239,013)
(5,986)
(233,027)
–
Convertible Sukuk – debt
component
70,375
(81,420)
(3,263)
(78,157)
–
Trust Certificates
188,356
(219,674)
(7,850)
(211,824)
–
Trade and other payables*
26,603
(26,603)
(13,397)
(7,185)
(6,021)
505,451
(566,710)
(30,496)
(530,193)
(6,021)
Derivative financial liabilities
Profit rate swaps (net-settled)
1,617
(3,318)
(1,251)
(2,067)
–
2013
Non-derivative financial liabilities
Commodity Murabaha Facilities
377,714
(403,037)
(110,074)
(292,963)
–
Convertible Sukuk – debt
component
69,678
(84,683)
(3,263)
(81,420)
–
Trade and other payables*
25,194
(25,194)
(18,568)
(3,853)
(2,773)
472,586
(512,914)
(131,905)
(378,236)
(2,773)
Derivative financial liabilities
Profit rate swaps (net-settled)
4,600
(7,597)
(3,201)
(4,396)
–
* Trade and other payables exclude rental received in advance.
Year ended 31 December 2014
NOTES TO THE FINANCIAL STATEMENTS
SABANA REIT
|
ANNUAL REPORT 2014
127
