Australian Rail Track Corporation 2013 Annual Report - page 77

NOTE 07
CURRENT ASSETS – TRADE AND OTHER RECEIVABLES (CONTINUED)
NOTE 08
CURRENT ASSETS – INVENTORIES
Consolidated
2013
$’000
2012
$’000
Raw materials - at cost
31,528
26,907
31,528
26,907
NOTE 09
CURRENT ASSETS – ALLIANCE PARTNER DEPOSITS
Consolidated
2013
$’000
2012
$’000
Alliance partner deposits
3,489
2,158
3,489
2,158
(c) Foreign exchange and interest rate risk
Information about the Group’s exposure to foreign currency risk and interest rate risk in relation to trade and other
receivables is provided in note 30.
(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 30 for more information on the risk management policy of the Group and the credit quality of the
entity’s trade receivables.
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