Page 138 - SAR141018_Forterra AR 2013

FORTERRA
ANNUAL REPORT 2013
NOTES TO THE
FINANCIAL STATEMENTS
136
30 DETERMINATION OF FAIR VALUES (CONTINUED)
Accounting classifications and fair values (Continued)
Fair values versus carrying amounts (Continued)
Trust
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 – – 96,763 – 96,763 96,763
Cash and cash equivalents 8 – – 2,743 – 2,743 2,743
– – 99,506 – 99,506 99,506
Financial liabilities
Debt securities 11 – – – 79,470 79,470 84,102
Trade and other payables 14 – – – 94,114 94,114 94,114
– – – 173,584 173,584 178,216
2012
Financial assets
Trade and other receivables* 7 – – 77,447 – 77,447 77,447
Cash and cash equivalents 8 – – 49 – 49 49
– – 77,496 – 77,496 77,496
Financial liabilities
Interest rate swap 12 – 166 – – 166 166
Convertible bond derivative 12 54 – – – 54 54
Debt securities 11 – – – 75,165 75,165 85,791
Trade and other payables 14 – – – 45,527 45,527 45,527
54 166 – 120,692 120,912 131,538
# exclude advances from customers
* exclude prepayments