132 / 152
Notes to the
financial statements
For the financial year ended 31 December 2018
130
B A K E R T E C H N O L O G Y
L I M I T E D
27.
Financial risk management objectives and policies (cont’d)
(b)
Liquidity risk (cont’d)
Analysis of financial instruments by remaining contractual maturities (cont’d)
31.12.2017
1.1.2017
Group
One year
or less
One year
or less
$'000
$'000
Financial assets:
Trade and other receivables (excluding GST recoverable and
downpayment for capital expenditure)
2,578
4,988
Cash and short-term deposits
86,642
106,956
Total undiscounted financial assets
89,220
111,944
Financial liabilities:
Trade and other payables (excluding provision for warranty)
5,413
6,370
Total undiscounted financial liabilities
5,413
6,370
Total net undiscounted financial assets
83,807
105,574
31.12.2018
31.12.2017
1.1.2017
Company
One year
or less
One year
or less
One year
or less
$’000
$’000
$’000
Financial assets:
Trade and other receivables
(excluding GST recoverable)
9
52
1,012
Amount due from subsidiaries
165,769
100,641
93,074
Cash and short-term deposits
14,575
79,872
99,157
Total undiscounted financial assets
180,353
180,565
193,243
Financial liabilities:
Trade and other payables
601
412
1,241
Amount due to subsidiaries
7,650
5,000
5,653
Total undiscounted financial liabilities
8,251
5,412
6,894
Total net undiscounted financial assets
172,102
175,153 186,349