Managing Uncertainties (cont.)
7.2 Financial Instruments |
|||||
2019 |
2018 |
||||
$'000 |
$'000 |
||||
7.2A: Categories of Financial Instruments |
|||||
Financial Assets under AASB 139 |
|||||
Loans and receivables |
|||||
Cash and cash equivalents |
333 |
||||
Trade receivable |
89 |
||||
Total loans and receivables |
422 |
||||
Financial Assets under AASB 9 |
|||||
Financial assets at amortised cost |
|||||
Cash and cash equivalents |
112 |
||||
Trade receivable |
316 |
||||
Total financial asets at amortised cost |
428 |
||||
Total financial assets |
428 |
422 |
|||
Financial Liabilities |
|||||
Financial liabilities measured at amortised cost |
|||||
Bonds and retentions |
(137) |
(123) |
|||
Total financial liabilities measured at amortised cost |
(137) |
(123) |
|||
Total financial liabilities |
(137) |
(123) |
|||
Classification of financial assets on the date of initial application of AASB 9 |
|||||
AASB 139 |
AASB 9 |
AASB 139 |
AASB 9 |
||
original |
new |
carrying |
carrying |
||
Financial assets class Notes |
classification |
classification |
amount at |
amount |
|
1 July 2018 |
at 1 July 2018 |
||||
$'000 |
$'000 |
||||
Cash and cash equivalents |
Loans and |
Amortised |
|||
receivable |
cost |
333 |
333 |
||
Trade receivables 3.1B |
Loans and |
Amortised |
|||
receivable |
cost |
89 |
89 |
||
Total financial assets |
422 |
422 |
|||
Reconciliation of carrying amounts of financial assets on the date of initial application of AASB 9 |
|||||
AASB 139 |
AASB 9 |
||||
carrying |
carrying |
||||
amount at |
Re- |
Re- |
amount at |
||
1 July 2018 |
classification |
measurement |
1 July 2018 |
||
$'000 |
$'000 |
$'000 |
$'000 |
||
Financial assets at amortised cost |
|||||
Loans and receivable |
|||||
Cash on hand or on deposit |
333 |
- |
- |
333 |
|
Trade receivable |
89 |
- |
- |
89 |
|
Total amortised cost |
422 |
- |
- |
422 |
Visit
https://www.transparency.gov.au/annual-reports/national-capital-authority/reporting-year/2018-2019-89