Table of Contents Table of Contents
Previous Page  105 / 128 Next Page
Information
Show Menu
Previous Page 105 / 128 Next Page
Page Background

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.