123
/ MTQ CORPORATION LIMITED /
ANNUAL REPORT
2014/2015
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 March 2015
(In Singapore dollars)
32. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONT’D)
(c)
Liquidity risk (cont’d)
The table below shows the contractual expiry by maturity of the Group and Company’s contingent liabilities
and commitments. The maximum amount of the financial guarantee contracts are allocated to the earliest
period in which the guarantee could be called.
Total
contractual
cash flow
$’000
1 year
or less
$’000
Group
2015
Issued financial guarantees to external parties
4,884
4,884
2014
Issued financial guarantees to external parties
5,155
5,155
Total
contractual
cash flow
$’000
1 year
or less
$’000
Company
2015
Issued guarantees for bank facilities utilised by subsidiaries
46,519
46,519
Issued financial guarantees to external parties
103
103
2014
Issued guarantees for bank facilities utilised by subsidiaries
48,944
48,944
Issued financial guarantees to external parties
103
103
