2010 <6 months 6-12 months 1-5 years >5 years Total Financial assets Cash and equivalents 5,977,616  24,516,659  - - 30,494,275  Trade and other receivables 14,910,209  - - - 14,910,209  Available-for-sale financial assets - - - 34,064,803  34,064,803  Derivatives-held for trading 57,464  - - - 57,464  Other financial assets 5,005,260  - - - 5,005,260  25,950,549  24,516,659  - 34,064,803   84,532,011  Financial liabilities Trade and other payables (9,947,691) - - - (9,947,691) Interest bearing loans (1,067,132) (1,361,401)  (697,478) - (3,126,011) (11,014,823) (1,361,401) (697,478) - (13,073,702) Net inflow/(outflow) 14,935,726  23,155,258  (697,478) 34,064,803  71,458,309  All financial assets and liabilities recognised in the statement of financial position, due to their short term nature,  carrying amount approximates fair value unless otherwise stated in the applicable notes. The methods for estimating fair value are outlined in the relevant notes to the financial statements. The Consolidated Entity uses various methods in estimating the fair value of a financial instrument. The methods  comprise: Level 1 - the fair value is calculated using quoted prices in active markets. Level 2 - the fair value is estimated using inputs other than quoted prices included in level 1 that are observable  for the asset or liability, either directly (as prices) or indirectly (derived from price). Level 3 - the fair value is estimated using inputs for the asset or liability that are not based on observable market data. The fair value of the financial instruments as well as the methods used to estimate the fair value are summarised  in the table below. (f) Fair Values 2011 2010 Quoted  market  price (Level 1) Valuation  technique  market  observable  inputs  (Level 2) Valuation  technique  non market  observable  inputs  (Level 3) Total Quoted  market  price (Level 1) Valuation  technique  non market  observable  inputs  (Level 3) Total Financial Assets Available-for-sale financial assets Listed investments 47,004,755  - - 47,004,755  34,064,803  - 34,064,803  Unlisted investments - 2,000,000  - 2,000,000  - - - Derivatives Listed investments - - - - - 57,464  57,464  Unlisted investments - - 228,269  228,269  - - - 47,004,755  2,000,000  228,269  49,233,024  34,064,803  57,464  34,122,267  80  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2011