2007 Annual Report - Sun Life Financial

BOND FUND
Liquidity risk
The Companies manage liquidity risk by maintaining adequate reserves and banking facilities, and
by continuously monitoring forecast and actual cash flows. The Companies maintain adequate
highly liquid assets in the form of cash and cash equivalents to assure necessary liquidity.
The following table details the Companies’ expected maturity for its financial assets. The tables
below have been drawn up based on the undiscounted contractual maturities of the financial assets
including interest that will be earned on those assets except when the Companies anticipate that the
cash flows will occur in a different period.
2007
Weighted
Average
Effective
Interest Rate
Less than One
Month
three Months
to One year
One-Five
years
Five+ years total
Non-interest bearing - P 48,827 P - P - P - P 48,827
Fixed interest rate instruments 9.32% 188,560 2,188 2,104,191 618,716 2,913,655
2006
P237,387 P2,188 P2,104,191 P618,716 P2,962,482
Non-interest bearing - P 22,679 P - P - P - P 22,679
Fixed interest rate instruments 10.01% 944,600 - 3,839,295 721,787 5,505,682
BALANCED FUND
2007
Weighted
Average
Effective
Interest Rate
Less than
One Month
P967,279 P - P3,839,295 P721,787 P5,528,361
three Months
to One year
One-Five years Five+ years total
Non-interest bearing P 192,600 P - P - P - P 192,600
Fixed interest rate instruments 5.69% 2,507,680 48,097 1,012,924 92,964 3,661,665
2006
P2,700,280 P48,097 P1,012,924 P92,964 P3,854,265
Non-interest bearing P 79,966 P - P - P - P 79,966
Fixed interest rate instruments 5.57% 1,232,370 101,412 173,026 58,426 1,565,234
P1,312,336 P101,412 P173,026 P58,426 P1,645,200
2007 Annual Report 37