Air New Zealand 2010 Annual Report Download - page 38

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17. FINANCIAL INSTRUMENTS (CONTINUED)
GROUP
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 1,573 - - - 1,573 1,573
Other interest-bearing assets 130 - - - 130 130
Trade and other receivables (excluding prepayments) 295 - - - 295 295
Derivative financial assets - 17 - 126 143 143
Amounts owing from associates 1 - - - 1 1
Total financial assets 1,999 17 - 126 2,142 2,142
Liabilities
Trade and other payables - - 374 - 374 374
Interest-bearing liabilities - - 1,279 - 1,279 1,306
Derivative financial liabilities - 163 - 144 307 307
Amounts owing to associates - - 1 - 1 1
Total financial liabilities - 163 1,654 144 1,961 1,988
* Classified as held for trading in accordance with NZ IFRS 7.
COMPANY
AS AT 30 JUNE 2010
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 1,061 - - - 1,061 1,061
Other interest-bearing assets 137 - - - 137 137
Trade and other receivables (excluding prepayments) 245 - - - 245 245
Derivative financial assets - 11 - 63 74 74
Amounts owing from subsidiaries 169 - - - 169 169
Amounts owing from associates 3 - - - 3 3
Total financial assets 1,615 11 - 63 1,689 1,689
Liabilities
Trade and other payables - - 314 - 314 314
Interest-bearing liabilities - - 230 - 230 232
Derivative financial liabilities - 6 - 57 63 63
Amounts owing to subsidiaries - - 1,246 - 1,246 1,246
Amounts owing to associates - - 13 - 13 13
Total financial liabilities - 6 1,803 57 1,866 1,868
* Classified as held for trading in accordance with NZ IFRS 7.
AIR NEW ZEALAND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
AS AT 30 JUNE 2010
36