Page 136 - SAR141018_Forterra AR 2013

FORTERRA
ANNUAL REPORT 2013
NOTES TO THE
FINANCIAL STATEMENTS
134
30 DETERMINATION OF FAIR VALUES (CONTINUED)
Accounting classifications and fair values
Fair values versus carrying amounts
The fair values of financial assets and liabilities (including those classified as held for sale),
together with the carrying amounts shown in the statement of financial position, are as follows:
Group
Note
Designated
at fair
value
Hedging
instruments
at
fair value
Loans
and
receivables
Other
financial
liabilities
within the
scope of
FRS 39
Total
carrying
amount
Fair
Values
$’000 $’000 $’000 $’000 $’000 $’000
2013
Financial assets
Trade and other receivables* 7 – – 50,862 – 50,862 50,862
Cash and cash equivalents 8 – – 108,244 – 108,244 108,244
Assets held for sale* 9 – – 4,894 – 4,894 4,894
– – 164,000 – 164,000 164,000
Financial liabilities
Interest rate swap 12 – 85 – – 85 85
Debt securities 11 – – – 79,470 79,470 84,102
Secured borrowings 10 – – – 709,012 709,012 709,012
Trade and other payables# 14 – – – 97,189 97,189 97,189
Liabilities held for sale# 9 – – – 69,676 69,676 69,676
– 85 – 955,347 955,432 960,064