11. Current / non-current liabilities - borrowings
|
|
CONSOLIDATED |
AUTHORITY |
||
|
June 2021 $’000 |
June 2020 $’000 |
June 2021 $’000 |
June 2020 $’000 |
|
|
CURRENT LEASE LIABILITY (SEE NOTE 9) |
430 |
333 |
430 |
333 |
|
NON-CURRENT LEASE LIABILITY (SEE NOTE 9) |
- |
339 |
- |
339 |
|
TOTAL |
430 |
672 |
430 |
672 |
Details regarding liquidity risk, including a maturity analysis of the above payables are disclosed in Note 18.
Recognition and measurement
Financial liabilities at amortised cost
Borrowings classified as financial liabilities at amortised cost are initially measured at fair value, net of directly attributable transaction costs. These are subsequently measured at amortised cost using the effective interest method. Gains and losses are recognised in net result when the liabilities are derecognised as well as through the amortisation process.
Changes in liabilities arising from financing activities
|
|
LEASES $'000 |
TOTAL LIABILITIES FROM FINANCING ACTIVITIES $'000 |
|
1 JULY 2019 |
- |
- |
|
CASH FLOWS |
(203) |
(203) |
|
OTHERS |
875 |
875 |
|
30 JUNE 2020 |
672 |
672 |
|
1 JULY 2020 |
672 |
672 |
|
CASH FLOWS |
(378) |
(378) |
|
NEW LEASES |
143 |
143 |
|
OTHERS |
(7) |
(7) |
|
30 JUNE 2021 |
430 |
430 |