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100

FORTERRA

ANNUAL REPORT 2012

NOTES TO THE

FINANCIAL STATEMENTS

28 FINANCIAL RISK MANAGEMENT (CONTINUED)

(b) Liquidity risk (Continued)

Liquidity risk (Continued)

The following are the contractual maturities of financial liabilities (including those classified as

held for sale), including interest payments and excluding the impact of netting agreements:

Cash flows

Carrying

amount

Contractual

cash flows

Within

1 year

Within

1 to 5 years

Over

5 years

$’000 $’000 $’000 $’000 $’000

Group

31 December 2012

Non-derivative financial

liabilities

Interest-bearing borrowings

(672,280) (778,540)

(32,886) (680,827)

(64,827)

Debt securities

(75,165) (100,385)

(5,170)

(95,215)

–

Deferred consideration

(14,130)

–

Trade and other payables

(85,572)

–

Liabilities held for sale

(198,086) (230,133)

(163,312)

(21,817) (45,004)

(1,045,233) (1,208,760) (301,070) (797,859)

(109,831)

Derivative financial liabilities

Interest rate swaps

(1,240)

(166)

(1,074)

–

Convertible bond derivative

(54)

–

(54)

–

(1,294)

(166)

(1,128)

–

31 December 2011

Non-derivative financial

liabilities

Interest-bearing borrowings

(842,971) (989,563) (109,237)

(818,111)

(62,215)

Debt securities

(68,041) (103,795)

(5,009)

(98,786)

–

Deferred consideration

(13,950)

–

(13,950)

–

Trade and other payables

(93,681)

–

(1,018,643) (1,200,989) (207,927) (930,847)

(62,215)

Derivative financial liabilities

Interest rate swap

(126)

–

(126)

–

Convertible bond derivative

(88)

–

(88)

–

(214)

–

(214)

–

excludes advance from customers