Air New Zealand 2009 Annual Report Download - page 36

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17. FINANCIAL INSTRUMENTS (CONTINUED)
GROUP
AS AT 30 JUNE 2008
LOANS AND
RECEIVABLES
$M
NON-HEDGE
ACCOUNTED*
$M
AMORTISED
COST
$M
HEDGE
ACCOUNTED
$M
CARRYING
AMOUNT
$M
FAIR
VALUE
$M
Classification and fair values
Assets
Bank and short term deposits 1,289 - - - 1,289 1,289
Other interest-bearing assets 130 - - - 130 130
Trade and other receivables (excluding prepayments) 383 - - - 383 383
Derivative financial assets - 16 - 198 214 214
Amounts owing from associates 1 - - - 1 1
Total financial assets 1,803 16 - 198 2,017 2,017
Liabilities
Trade and other payables - - 480 - 480 480
Interest-bearing liabilities - - 1,325 - 1,325 1,357
Derivative financial liabilities - 3 - 84 87 87
Amounts owing to associates - - 1 - 1 1
Total financial liabilities - 3 1,806 84 1,893 1,925
* Classified as held for trading in accordance with NZ IFRS 7.
COMPANY
AS AT 30 JUNE 2009
LOANS AND
RECEIVABLES
$M
NON-HEDGE
ACCOUNTED*
$M
AMORTISED
COST
$M
HEDGE
ACCOUNTED
$M
CARRYING
AMOUNT
$M
FAIR
VALUE
$M
Classification and fair values
Assets
Bank and short term deposits 1,566 - - - 1,566 1,566
Other interest-bearing assets 130 - - - 130 130
Trade and other receivables (excluding prepayments) 270 - - - 270 270
Derivative financial assets - 17 - 126 143 143
Amounts owing from subsidiaries 149 - - - 149 149
Amounts owing from associates 1 - - - 1 1
Total financial assets 2,116 17 - 126 2,259 2,259
Liabilities
Trade and other payables - - 332 - 332 332
Interest-bearing liabilities - - 252 - 252 254
Derivative financial liabilities - 163 - 144 307 307
Amounts owing to subsidiaries - - 1,261 - 1,261 1,261
Amounts owing to associates - - 1 - 1 1
Total financial liabilities - 163 1,846 144 2,153 2,155
* Classified as held for trading in accordance with NZ IFRS 7.
AIR NEW ZEALAND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
AS AT 30 JUNE 2009
34