notes to and forming part of the financial statements  for the year ended 30 June 2004 (continued) NOTE 42 - FINANCIAL INSTRUMENTS (continued) (d) Interest rate risk exposure The consolidated entity is exposed to interest rate risk through certain financial assets and liabilities. The following table summarises interest rate risk for the consolidated entity, together with effective interest rates as at balance date (2003 comparatives shown below): 69 RESOLUTE MINING LIMITED 2004 ANNUAL REPORT Floating Fixed Interest Rate Non Interest Total Average  Interest Rate Maturing in Bearing Interest Rate < 1 Year 1 to 5 Years > 5 Years Floating Fixed $’000 $’000 $’000 $’000 $’000 $’000 2004 FINANCIAL ASSETS Cash assets 15,913 3,361 - - - 19,274 2.5% 5.2% Receivables - - - - 8,977 8,977 - - Other financial assets - - - - 2,625 2,625 - - Other non-current assets - - - - 4,943 4,943 - - 15,913 3,361 - - 16,545 35,819 FINANCIAL LIABILITIES Payables - - - - 27,008 27,008 - - Interest bearing liabilities -  37,109  -  -  -  37,109  -  4.0% - 37,109 - - 27,008 64,117 2003 FINANCIAL ASSETS Cash assets 14,856 2,771 - - - 17,627 1.2% 4.7% Receivables - 8,193 - - 3,659 11,852 - 3.3% Other financial assets -  500  -  -  14,369  14,869  -  6.6% Other non-current assets - - - - 882 882 - - 14,856 11,464 - - 18,910 45,230 FINANCIAL LIABILITIES Payables - - - - 14,452 14,452 - - Interest bearing liabilities -  22,296  -  -  -  22,296  -  3.1% - 22,296 - - 14,452 36,748