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Hyprop Investments Limited
Integrated annual report and consolidated financial statements
2017
137
34.
Financial instruments – Fair values and risk management
continued
C – Financial risk management
continued
IV. Liquidity risk
continued
Exposure to liquidity risk
The following are the remaining contractual maturities of financial liabilities at the reporting date. The amounts are gross and undiscounted, and
include contractual interest payments and exclude the impact of offsetting agreements.
Contractual cash flows
Carrying
amount
R000
Total
contractual
in/(out)flows
R000
One year
or less
R000
One to five
years
R000
More than
five years
R000
June 2017
Non-derivative financial liabilities
Long-term portion of interest-bearing borrowings
(5 068 332)
(5 831 019)
(160 656)
(5 670 364)
Short-term portion of interest-bearing borrowings
(3 832 306)
(3 981 289)
(3 981 289)
Financial guarantee
(1)
(163 855)
(4 567 864)
(2 619 789)
(1 948 074)
Payables
(405 314)
(405 314)
(405 314)
(9 469 807)
(14 785 486)
(7 167 048)
(7 618 438)
Derivative financial liabilities
(2)
Interest rate swaps used for hedging
(57 467)
(150 047)
(47 917)
(102 130)
Total
(9 527 274)
(14 935 533)
(7 214 965)
(7 720 568)
(1)
The outflows disclosed for the financial guarantee in the table represent the potential contractual outflows in the event of the guarantee being called on
(2)
The inflows/(outflows) disclosed in the above table represent the contractual undiscounted cash flows relating to derivative financial liabilities held for risk
management purposes. These derivative financial instruments are not usually closed out before contractual maturity. The disclosure shows net cash flow amounts
for derivatives as they are net cash-settled
Contractual cash flows
Carrying
amount
R000
Total
contractual
in/(out)flows
R000
One year
or less
R000
One to five
years
R000
More than
five years
R000
June 2016
Non-derivative financial liabilities
Long-term portion of interest-bearing borrowings
(8 632 036)
(9 237 368)
(9 237 368)
Short-term portion of interest-bearing borrowings
(1 294 052)
(1 617 798)
(1 617 798)
Payables
(434 060)
(434 060)
(434 060)
(10 360 148)
(11 289 226)
(2 051 858)
(9 237 368)
Derivative financial liabilities
Interest rate swaps used for hedging
(101 198)
(244 985)
(49 328)
(195 657)
Total
(10 461 346)
(11 534 211)
(2 101 186)
(9 433 025)