Page 129 - ar2012

Annual Report FY2012

ParkwayLife REIT

127

23 Financial instruments (cont’d)

Fair values (cont’d)

(c) Non-current portion of security deposits

The aggregate fair values of non-current portion of security deposits which are not carried at fair value in the

statement of fnancial position as at the end of the fnancial year are represented in the following table:

2012

2011

Carrying

amount

Fair

value

Carrying

amount

Fair

value

$’000

Non-current portion of security deposits (net)

(12,867)

(10,979)

(12,223)

(10,417)

Unrecognised gain

1,888

1,806

(d) Other fnancial assets and liabilities

The carrying amounts of other fnancial assets and liabilities with a maturity of less than one year (including trade

and other receivables, cash and cash equivalents and trade and other payables) approximate their fair values

because of the short period to maturity.

Financial instruments by category

The fair values of fnancial assets and liabilities, together with the carrying amounts shown in the statement of fnancial

position, are as follows:

Note

Loans and

receivables

Other

fnancial

liabilities

Fair value

– hedging

instruments

Total

carrying

amount

Fair value

Group

$’000

31 December 2012

Cash and cash equivalents

8

30,598

–

30,598

Trade and other receivables

*

7

8,362

–

8,362

Derivative fnancial instruments

6

–

3,045

(2,038)

1,007

Loans and borrowings

10

– (481,672)

– (481,672) (481,672)

Trade and other payables

^

9

–

(6,983)

–

(6,983)

Security deposits payable (net)

– (14,504)

(12,616)

38,960 (500,114)

(2,038) (463,192) (461,304)

31 December 2011

Cash and cash equivalents

8

36,184

–

36,184

Trade and other receivables

*

7

7,468

–

7,468

Derivative fnancial instruments

6

–

(1,784)

(2,279)

(4,063)

Loans and borrowings

10

– (494,981)

– (494,981) (494,981)

Trade and other payables

^

9

–

(6,750)

–

(6,750)

Security deposits payable (net)

– (14,007)

(12,201)

43,652 (517,522)

(2,279) (476,149) (474,343)