currency risk and interest rate risk in relation to
trade and other receivables is provided in note 2.
(d) Fair value and credit risk
Due to the short‑term nature of these receivables,
their carrying amount is assumed to approximate
their fair value.
The maximum exposure to credit risk at the
reporting date is the carrying amount of each
class of receivables mentioned above. Collateral
is not held as security, nor is it the Group’s
policy to transfer (on‑sell) receivables to special
purpose vehicles. Refer to note 2 for more
information on the risk management policy of
the Group and the credit quality of the entity’s
trade receivables.
Note 09
Current assets - Trade and other receivables (continued)
Note 10
Current assets - Inventories
Consolidated
2012
2011
$’000
$’000
Inventory ‑ RawMaterials
‑ at cost
26,907
29,472
26,907
29,472
Note 11
Current assets - Alliance partner deposits
Consolidated
2012
2011
$’000
$’000
Alliance partner deposits
2,158
18,107
2,158
18,107
84
