AS AT 30 JUNE 2011
64
7. Cash and cash equivalents
Consolidated
2011
2010
$’000
$’000
Cash at bank and on hand
55,994
74,844
Reconciliation to cash at the end of the year
The above fgures reconcile to cash at the end of the fnancial year,
as shown in the statement of cash fows, as follows:
Balances as above
55,994
74,844
Balances per statement of cash fows
55,994
74,844
The weighted average interest rate on this balance is 4.14% (2010: 4.11%).
Included in cash at bank are amounts of $29.9 million (2010: $25.2 million) which are held as part of the Group’s funding
arrangements and are not available to the Group.
Risk exposure
The Group’s exposure to interest rate risk is discussed in note 38. The maximum exposure to credit risk at the end of the
reporting period is the carrying amount of each class of cash and cash equivalents mentioned above.
8. Current assets – Receivables
Consolidated
2011
2010
$’000
$’000
Lease receivables
Gross rental receivables*
292,256
273,195
Guaranteed residuals
435
570
Unguaranteed residuals
2,089
2,962
Unearned income
(89,836)
(82,886)
Unamortised initial direct transaction costs
24,493
23,858
Net lease receivables
229,437
217,699
Allowance for losses
(5,304)
(4,994)
224,133
212,705
Other debtors
5,441
2,411
229,574
215,116
9. Current assets – Customer loans
Consolidated
2011
2010
$’000
$’000
Loan receivables*
178,005
147,376
Allowance for losses
(2,402)
(2,770)
175,603
144,606
* Refer to note 38 for disclosure of impaired lease and loan receivables, past due but not impaired receivables and the fair value
of receivables.
Risk exposure
Information about the Group’s exposure to credit risk, foreign exchange and interest rate risk is provided in note 38.
The maximum exposure to credit risk at the end of the reporting period is the carrying amount of each class of receivable
mentioned in note 38.
Notes to the Financial Statements (continued)