30 June 2014 Notes to the Financial Statements Liquidity risk Financing arrangements For personal use only Mineral Resources Limited Annual Report 2014  85 Notes to the  Financial  Statements Vigilant liquidity risk management requires the Consolidated Entity to maintain sufficient liquid assets (mainly  cash and cash equivalents) and available borrowing facilities to be able to pay debts as and when they become due  and payable. The Consolidated Entity manages liquidity risk by maintaining adequate cash reserves and available borrowing  facilities by continuously monitoring actual and forecast cash flows and matching the maturity profiles of financial  assets and liabilities. Unused borrowing facilities at the reporting date: The bank overdraft facilities may be drawn at any time and may be terminated by the bank without notice. Subject  to the continuance of satisfactory credit ratings, the bank loan facilities may be drawn at any time and have an  average maturity of 2 years. (2013: 3 years). The following tables detail the Consolidated Entity’s remaining contractual maturity for its financial instrument  liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on  the earliest date on which the financial liabilities are required to be paid. The tables include both interest and  principal cash flows disclosed as remaining contractual maturities and therefore these totals may differ from  their carrying amount in the statement of financial position. Remaining contractual maturities Consolidated - 30 June 2014 Weighted  average  interest rate 1 year or  less Between 1  and 2 years Between 2  and 5 years Over 5 years Remaining  contractual  maturities % $’000 $’000 $’000 $’000 $’000 Non-derivatives Non-interest bearing Trade payables -% 327,150  - - - 327,150  Interest-bearing - variable Bank loans 5.98%  40,000  69,000  - - 109,000  Lease liability 6.37%  4,000  12,708  - - 16,708  Total non-derivatives 371,150  81,708  - - 452,858  Consolidated 30 June 2014 $’000 30 June 2013 $’000 Bank overdraft 3,600  3,600  Bank loans 180,000  70,032  Lease liability 224,270  850  407,870  74,482 