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”
|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.