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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
3 Financial risk management (continued)
(a) Financial risk factors (continued)
(v) Liquidity risk (continued)
Company
Repayable
on demand
3 months or
less but not
repayable
on demand
Over
3 months
to 1 year
Over 1
to 5 years Total
US$’000 US$’000 US$’000 US$’000 US$’000
At March 31, 2008
Bank loans – – 35,000 465,000 500,000
Derivative financial liabilities – – 1,991 1,788 3,779
Provisions, accruals and other payables – – 13,955 –13,955
Convertible preferred shares –––227,564 227,564
Share-based compensation –––6,430 6,430
At March 31, 2007
Bank loans –––100,000 100,000
Derivative financial liabilities – – 106 –106
Provisions, accruals and other payables – – 12,799 –12,799
Convertible preferred shares –––350,000 350,000
Share-based compensation –––11,019 11,019
The tables below analyze the Group’s and the Company’s derivative financial instruments that will be settled on a gross
basis into relevant maturity Groupings based on the remaining period at the balance sheet date to the contractual
maturity date. The amounts disclosed in the tables are the contractual undiscounted cash flows. Balances due within
12 months approximate their carrying balances, as the impact of discounting is not significant.
Group
Repayable
on demand
3 months or
less but not
repayable
on demand
Over
3 months
to 1 year
Over 1
to 5 years Total
US$’000 US$’000 US$’000 US$’000 US$’000
At March 31, 2008
Forward foreign exchange contracts
cash flow hedges:
– outflow –1,117,419 – – 1,117,419
– inflow –1,105,808 – – 1,105,808
Interest rate swaps
contracts – cash flow hedges:
– outflow –2,805 8,865 13,966 25,636
– inflow –2,931 6,608 13,845 23,384
At March 31, 2007
Forward foreign exchange contracts
cash flow hedges:
– outflow –725,163 – – 725,16 3
– inflow –724,294 – – 724,294
Lenovo Group Limited • Annual Report 2007/08
94