Notes to consolidated financial statements  September 27, 2014 and September 28, 2013 (Millions of dollars, unless otherwise indicated) INTEREST RA TE RISK CREDIT RISK Loans and receivables / Guarantees Financial  assets  at  fair value through net earnings LIQUIDITY  RISK In the normal course of business, the Corporation is exposed primarily to interest rate fluctuations risk as a result of  loans and  receivables  that  it grants, as well as loans  payable  that it  contracts  at variable interest  rates. The  Corporation keeps a close watch on interest rate fluctuations and, if warranted, uses derivative financial instruments  such as interest rate swap contracts.  As   at September 27, 2014 and September 28, 2013, there were no outstanding  interest  rate swap contracts. The Corporation sells products to consumers and merchants in Canada. When it sells products, it gives merchants  credit.  In addition, to help certain merchants finance business acquisitions, the Corporation grants them long-term loans  or  guarantees  loans  obtained  by  them from financial  institutions. Hence,  the Corporation  is  subject  to  credit risk. T o  mitigate such risk, the Corporation performs ongoing credit evaluations of its customers and has adopted a credit  policy that defines the credit conditions to be met and the required guarantees. As at September 27, 2014 and  September 28, 2013 , no customer accounted for  over  10% of total loans and  receivables. T o cover its credit risk, the Corporation holds guarantees over its clients' assets in the form of deposits, movable hypothecs  on the Corporation stock and/or second hypothecs on their inventories, movable property , intangible assets and  receivables. In  recent years, the Corporation  has  not suffered  any  material losses related to credit risk. As  at September 27, 2014, the maximum potential liability under guarantees provided amounted to $22.8 ($22.5 as at  September 28, 2013 ) and no liability  had been  recognized  as  at that  date. With regard to its financial assets at fair value through net earnings, consisting of foreign exchange forward contracts,  the  Corporation is subject to credit risk when these contracts result in receivables from financial institutions. In accordance  with  its risk management policy, the Corporation entered into these agreements with major Canadian financial institutions  to  reduce its credit risk. As at September 27, 2014 and September 28, 2013 ,  the Corporation was not exposed to credit risk in respect of its  foreign  exchange forward contracts, as they  resulted  in  amounts  payable.  The  Corporation  is  exposed to liquidity risk primarily as a result of its debt and trade  accounts  payable. The  Corporation regularly assesses its cash position and feels that its cash flows from operating activities are sufficient  to  fully cover its cash requirements as regards its financing activities. Its Series A Notes, its revolving credit facility and  its Series B Notes mature only in 2015, 2019 and 2035, respectively .  The Corporation also has an unused authorized  balance of  $208.3 on its revolving  credit  facility. The  event after the reporting period  is  not taken into consideration in  the  above table  (see  note 31). Undiscounted cash flows (capital and interest) Accounts  payable Facility and loans  Notes Finance lease  commitments Non- controlling  interests Total Maturing under 1 year  982.7 18.4 33.8 6.7 — 1,041.6 Maturing in 1 to 10 years  — 441.6 414.9 34.3 192.2 1,083.0 Maturing in 11 to 20 years  — 3.3 238.8 12.5 — 254.6 Maturing over 20 years  — 16.0 424.1 1.2 — 441.3 982.7  479.3 1,111.6  54.7  192.2 2,820.5 - 82 -