NOTES TO THE FINANCIAL STATEMENTS
26 Classification and fair value of financial instruments
The fair values of financial assets and liabilities, together with the carrying amounts shown in the statement of
financial position, are as follows:
Group
Note
Loans and
receivables
Fair value
through
profit
or loss
Other
financial
liabilities
Total
carrying
amount Fair value
$’000
$’000
$’000
$’000
$’000
31 December 2014
Trade and other receivables *
8
6,201
–
–
6,201
6,201
Cash and cash equivalents
6,100
–
–
6,100
6,100
Derivative financial instruments 11
–
287
–
287
287
Loans and borrowings
10
–
– (475,448)
(475,448)
(484,659)
Trade and other payables ^
9
–
– (37,806)
(37,806)
(37,806)
12,301
287 (513,254)
(500,666)
(509,877)
31 December 2013
Trade and other receivables *
8
6,474
–
–
6,474
6,474
Cash and cash equivalents
73,540
–
– 73,540
73,540
Derivative financial instruments 11
–
227
–
227
227
Derivative financial instruments 11
–
(1,161)
–
(1,161)
(1,161)
Loans and borrowings
10
–
– (354,903)
(354,903)
(355,183)
Trade and other payables ^
9
–
– (43,058)
(43,058)
(43,058)
80,014
(934)
(397,961)
(318,881)
(319,161)
Trust
31 December 2014
Trade and other receivables *
8
6,201
–
–
6,201
6,201
Cash and cash equivalents
6,086
–
–
6,086
6,086
Derivative financial instruments 11
–
287
–
287
287
Loans and borrowings
10
–
– (475,448)
(475,448)
(484,659)
Trade and other payables ^
9
–
– (37,796)
(37,796)
(37,796)
12,287
287 (513,244)
(500,670)
(509,881)
31 December 2013
Trade and other receivables *
8
6,474
–
–
6,474
6,474
Cash and cash equivalents
73,526
–
– 73,526
73,526
Derivative financial instruments 11
–
227
–
227
227
Derivative financial instruments 11
–
(1,161)
–
(1,161)
(1,161)
Loans and borrowings
10
–
– (354,903)
(354,903)
(355,183)
Trade and other payables ^
9
–
– (43,046)
(43,046)
(43,046)
80,000
(934)
(397,949)
(318,883)
(319,163)
* Excludes prepayments and option fees paid.
^ Excludes rent received in advance.
CAMBRIDGE INDUSTRIAL TRUST | A WINNING FORMULA
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