72
GDS Global Limited Annual Report 2015
NOTES TO
FINANCIAL STATEMENTS
As at 30 September 2015
4
FINANCIAL INSTRUMENTS, FINANCIAL RISKS AND CAPITAL MANAGEMENT (cont’d)
(c)
Financial risk management policies and objectives (cont’d)
(iv) Liquidity risk management
The Group maintains sufficient cash and cash equivalents, and internally generated
cash flows to finance its activities. The Group finances its liquidity through internally
generated cash flows and minimises liquidity risk by keeping committed credit lines
available.
Liquidity and interest risk analyses
The following tables detail the remaining contractual maturity for non-derivative
financial liabilities. The tables have been drawn up based on the undiscounted cash
flows of financial liabilities based on the earliest date on which the Group and the
Company can be required to pay. The tables include both interest and principal cash
flows. The adjustment column represents the possible future cash flows attributable to
the instrument included in the maturity analysis which is not included in the carrying
amount of the financial liability on the statement of financial position.
Weighted
average
effective
interest rate
On
demand
or within
1 year
Within
2 to
5 years
After
5 years Adjustment
Total
%
$
$
$
$
$
Group
2015
Non-interest bearing
– 2,673,182 16,452
–
– 2,689,634
Finance lease
liabilities (fixed
rate)
–
– –
–
–
–
Variable interest
rate instruments
2.5 145,543 543,541
– (40,897)
648,187
2,818,725 559,993
– (40,897)
3,337,821
2014
Non-interest bearing
– 2,084,034 14,263
–
– 2,098,297
Finance lease
liabilities (fixed
rate)
3.5
4,089
–
–
(609)
3,480
Variable interest
rate instruments
–
–
–
–
–
–
2,088,123 14,263
– (609)
2,101,777
Company
2015
Non-interest bearing
– 212,527
–
–
– 212,527
2014
Non-interest bearing
– 230,968
–
–
– 230,968
