FirstChoice Wholesale Investments part 2 - Colonial First State

COLONIAL FIRST STATE - FIRSTCHOICE WHOLESALE INVESTMENT FUNDS
9. FINANCIAL RISK MANAGEMENT (continued)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE REPORTING PERIOD ENDED 30 JUNE 2013
(a)
(iii)
Market Risk (continued)
Interest Rate Risk (continued)
Colonial First State Wholesale Diversified Fixed Interest
Floating Fixed Non-interest Total
30/06/2013 interest rate interest rate bearing
$'000 $'000 $'000 $'000
Consolidated
Financial assets
Cash and cash equivalents 28,361 - - 28,361
Receivables - - 172 172
Financial assets held for trading - 730,707 1,388,169 2,118,876
Derivatives 23,896 6,666 - 30,562
Mortgages - - - -
Financial liabilities
Payables - - (3,570) (3,570)
Bank overdraft - - - -
Loans - - - -
Financial liabilities held for trading
- Derivatives (16,604) (2,534) (861) (19,999)
- Short sell - - - -
Minority Interest - - ( 309,660) ( 309,660)
35,653 734,839 1,074,250 1,844,742
Net increase/(decrease) in exposure
from interest rate swaps (notional
principal) 1,147,000 (1,147,000) - -
Net exposure 1,182,653 (412,161) 1,074,250 1,844,742
Parent
Financial assets
Cash and cash equivalents 24,059 - - 24,059
Receivables - - 124 124
Financial assets held for trading - 512,244 1,316,936 1,829,180
Derivatives 6,367 6,644 - 13,011
Mortgages - - - -
Financial liabilities
Payables - - (2,573) (2,573)
Bank overdraft - - - -
Loans - - - -
Financial liabilities held for trading
- Derivatives (15,696) (2,502) (861) (19,059)
- Short sell - - - -
14,730 516,386 1,313,626 1,844,742
Net increase/(decrease) in exposure
from interest rate swaps (notional
principal) 604,000 (604,000) - -
Net exposure 618,730 (87,614) 1,313,626 1,844,742
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