Note 21A: Categories of Financial Instruments

Please note: These amounts are rounded to the nearest dollar, as required by the Resource Management Guide No. 125 “Commonwealth Entities Financial Statements Guide”

Note 21A: Categories of Financial Instruments
Financial Assets 2015
$
2014
$
Receivables 752,020 497,113
Other financial assets 113,566 10,000
Total financial assets 865,586 507,113

The FWBII has no net income or expenses from financial instruments.

Note 21B: Fair Value of Financial Instruments

The carrying amount of all financial assets and liabilities as at 30 June 2015 approximates their fair value.

Note 21C: Other Financial Instrument Risks

The administered activities of the FWBII were not exposed to a high level of credit, liquidity or market risk as the majority of financial assets were penalties imposed by courts.