Notes to CoNsolidated FiNaNCial statemeNts (In thousands of dollars except as noted and per share amounts) 9.  FINANCIAL INSTRUMENTS (CONTINUED):  Risks (continued): (d)  Liquidity risk (continued): (i) Based on notional amounts as presented above.  The convertible unsecured subordinated debentures of $110.0 million have been excluded from the above due to  the Company’s option to satisfy the obligations at redemption or maturity in shares. The Company’s revolving credit facility of $200.0 million expired on June 30, 2013. On June 28, 2013, the  Company entered into a new revolving credit facility of $150.0 million of available working capital from which  it can borrow at prime rate, Libor rate or under Bankers’ Acceptances.  It is the Company’s intention to keep a debt level under its revolving credit facility between $50.0 million to  $80.0 million. All other non-derivative financial liabilities are expected to be financed through the collection of  trade and other receivables and cash flow generated from operations. September 29, 2012 Carrying  Contractual  0 to 6  6 to 12  12 to 24  After 24 amount cash flows months months months months $ $ $ $ $ $ Non-derivative financial  liabilities: Revolving credit facility  60,000  60,000  –  60,000  –  – Trade and other payables  46,795 46,795 46,795 – – – Income taxes payable 2,824  2,824  2,824  –  –  – Finance lease obligations 115 122 74 48 – – 109,734 109,741 49,693 60,048 – – Derivative financial instruments: Sugar futures contracts (net) (i) 248 54,162 39,411 16,811 (2,060) – Natural gas contracts  (i) 5,728 19,811 3,989 3,958 8,018 3,846 Forward exchange contracts (net) (i) 1,504 29,035 (10,642) 33,928 5,559 190 Interest on swap  agreement 1,869 2,103 1,402 701 – – 9,349 105,111 34,160 55,398 11,517 4,036 119,083 214,852 83,853 115,446 11,517 4,036 Rogers Sugar Inc. 70