Notes to and forming part of the Financial Statements
Note 15: Financial Instruments
Note 15A: Interest Rate Risk
Note 15B: Net Fair Values of Financial Assets and Liabilities
The net fair value of each class of assets and liabilities equals the carrying amounts for both 2004-05 and 2003-04. None are readily traded in a standard form.
Note 15C: Credit Risk Exposures
The department’s maximum exposures to credit risk at reporting date in relation to each class of recognised financial assets is the carrying amount of those assets as indicated in the Statement of Financial Performance.
The department has no significant exposures to any concentrations of credit risk.
All figures for credit risk referred to do not take into account the value of any collateral or other security.
