notes to the financial statements for the year ended 30 June 2001 The consolidated entity’s exposure to interest rate risk and the effective rates on financial assets and liabilities at 30 June 2000 were: Credit risk represents the loss that would be recognised if counterparties failed to perform as contracted. The credit risk on financial assets is the carrying amount net of any provisions for doubtful debts. The carrying amount and net market value of financial assets and liabilities brought to account at balance date are the same. 57 Credit Risk Net Fair Values of Financial Assets and Liabilities  Fixed Interest Rate Maturity Floating Non interest  1 year  between 1  more than interest rate  or less and 5 years 5 years bearing Total Notes $’000 $’000 $’000 $’000 $’000 $’000  Financial Assets  Cash 5 25,032 - - - - 25,032  Sundry debtors  6 -  - -  -  12,839  12,839 Cash collateral 5  -  -  -  1,249,000  -  1,249,000 Total Financial Assets 25,032  -  -  1,249,000  12,839  1,286,871 Weighted average interest rate 5.75% -  -  11.20% -  - Financial Liabilities Trade creditors  9  -  -  -  -  24,869  24,869 Prepaid tolls 11 -  -  -  -  16,466  16,466 Provisional payments  11 -  -  - -  80,084  80,084 Advance from Trust  13,14  1,174,670  -  -  -  1,576,600  2,751,270 Lease liabilities  10,13  -  137  434  -  -  571 Land Transport Notes  13  94,549 -  -  -  -  94,549 Concession Notes  14 -  -  -  -  114,253  114,253 Infrastructure Loan facility  13  -  - -  1,249,000  -  1,249,000 Total Financial Liabilities 1,269,219 137 434 1,249,000 1,812,272 4,331,062 Weighted average interest rate 11.92%  7.70%  7.70%  7.73%  -  - Net Financial Assets/(Liabilities) (1,244,187) (137) (434) - (1,799,433) (3,044,191) . Notes  2001  2000 $’000  $’000 Reconciliation of Net Financial Assets/(Liabilities)  to Net Assets/(Liabilities) Net financial assets/(liabilities) as above (3,199,107)  (3,044,191) Non-financial assets and liabilities Property, plant and equipment 8  2,822,278  2,886,495 Other assets 7  693  1,160 Other liabilities 12,15  (3,504)  (1,722) Net assets/(liabilities) per balance sheet (379,640)  (158,258)