Page 103 - SFG_ANNUALREPORT_12OCT_SINGLEPAGE
P. 103
Note 10. Current assets - derivative financial instruments
Forward foreign exchange contracts - cash flow hedges* Consolidated 2014
Call options at fair value** 2015 $’000
$’000
7,318 -
1 29
7,319 29
* Derivative financial liability relating to cash flow hedges as at 30 June 2015 is $nil (2014: $3.4 million) - refer to note 17.
** To protect against significant adverse fluctuations in cotton prices, the Company purchased cotton call options. The
expense for the year ended 30 June 2015 and 30 June 2014 reflects the fair value revaluation of the cotton call options
at the end of the reporting period.
Note 11. Current assets - income tax receivable
Income tax receivable Consolidated 2014
$’000
2015
$’000 289
2,679
Note 12. Non-current assets - derivative financial instruments
Call options at fair value* Consolidated 2014
$’000
2015
$’000 78
-
* Refer to commentary in note 10.
Note 13. Non-current assets - property, plant and equipment
Consolidated
2015 2014
$’000 $’000
Plant and equipment - at cost 248,912 231,419
Less: Accumulated depreciation and impairment
(169,620) (146,974)
79,292 84,445
102

