FirstChoice Wholesale Investments - Colonial First State
FirstChoice Wholesale Investments - Colonial First State
FirstChoice Wholesale Investments - Colonial First State
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COLONIAL FIRST STATE - FIRSTCHOICE WHOLESALE INVESTMENT FUNDS10. FINANCIAL RISK MANAGEMENT (continued)NOTES TO THE FINANCIAL STATEMENTSFOR THE PERIOD ENDED 30 JUNE 2011(a)(iii)Market Risk (continued)Interest rate risk (continued)<strong><strong>First</strong>Choice</strong> <strong>Wholesale</strong> ConservativeFloating Fixed Non-interest Total30/06/2011 interest rate interest rate bearing$'000 $'000 $'000 $'000Financial assetsCash and cash equivalents 12,858 - - 12,858Receivables - - 1,206 1,206Financial assets held for trading - - 2,331,088 2,331,088Financial liabilitiesPayables - - (4,910) (4,910)Net exposure 12,858 - 2,327,384 2,340,242<strong><strong>First</strong>Choice</strong> <strong>Wholesale</strong> ConservativeFloating Fixed Non-interest Total30/06/2010 interest rate interest rate bearing$'000 $'000 $'000 $'000Financial assetsCash and cash equivalents 13,941 - - 13,941Receivables - - 964 964Financial assets held for trading - - 2,240,415 2,240,415Financial liabilitiesPayables - - (2,258) (2,258)Net exposure 13,941 - 2,239,121 2,253,062<strong><strong>First</strong>Choice</strong> <strong>Wholesale</strong> BalancedFloating Fixed Non-interest Total30/06/2011 interest rate interest rate bearing$'000 $'000 $'000 $'000Financial assetsCash and cash equivalents 2,265 - - 2,265Receivables - - 1,600 1,600Financial assets held for trading - - 285,293 285,293Financial liabilitiesPayables - - (164) (164)Net exposure 2,265 - 286,729 288,994Page 112