DYNA-MAC HOLDINGS LTD.
2016 ANNUAL REPORT
103
Performance At A Glance
Financial Report
Corporate Governance and Transparency
Sustainable Growth
Year in Review
NOTES TO THE
FINANCIAL STATEMENTS
For the financial year ended 31 December 2016
31.
FINANCIAL RISK MANAGEMENT
(CONT’D)
(c) Liquidity risk (Cont’d)
Less than
1 year
Between
1 and 5
years
$’000
$’000
Company
2016
Trade and other payables
144
–
2015
Trade and other payables
1,492
–
Unsecured unquoted fixed rate notes
–
53,214
1,492
53,214
The table below analyses the derivative financial instruments of the Group and the Company for which
contractual maturities are essential for an understanding of the timing of the cash flows into relevant
maturity groupings based on the remaining period from the balance sheet date to the contractual
maturity date. The amounts disclosed in the table are the contractual undiscounted cash flows.
Less than
1 year
Between
1 and
2 years
Between
2 and
5 years
Over
5 years
$’000
$’000
$’000
$’000
Group
At 31 December 2015
Gross-settled currency forwards –
cash flow hedges
– Receipts
68,923
–
–
–
– Payments
70,847
–
–
–
(d) Capital risk
The Group’s objectives when managing capital are to safeguard the Group’s ability to continue as a
going concern and to maintain an optimal capital structure so as to maximise shareholder value. In
order to maintain or achieve an optimal capital structure, the Group may adjust the amount of dividend
payment, obtain new borrowings or sell assets to reduce borrowings.