NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2000 29. FINANCIAL INSTRUMENTS (continued) (b) Interest Rate Risk The economic entity’ s exposure to interest rate risks and the effective interest rates of financial assets and financial liabilities as at 30 June  2000 are as follows: N/a: not applicable for non-interest bearing financial instruments Floating interest rate Fixed interest rate maturing in: Non interest bearing T o tal carrying Financial Instruments 1 year or less Over 1 to 5 years Over 5 years amount as per Weighted average $ $ $ $ $ balance sheet interest rate $ (i) Financial Assets Cash 3,004,977 – – – – 3,000,977 4.8% Trade debtors – – – – 2,716,209 2,716,209 N/a Other debtors – – – – 428,814 428,814 N/a Loans - related parties – 11,184 – – – 11,184 6.7% T otal Financial Assets 3,004,977 11,184 – – 3,145,023 6,161,184 (ii) Financial Liabilities Trade creditors – – – – 1,844,206 1,844,206 N/a Other creditors and accruals – – – – 519,300 519,300 N/a Hire purchase liability – 1,185,305 6,218,592 – – 7,403,897 8.57% Bank loan - secured 6,500,000 – – – – 6,500,000 7.30% Loan payable - other persons – – – – – – 8.00% Employee entitlements – – – – 594,276 594,276 N/a T otal Financial Liabilities 6,500,000 1,185,305 6,218,592 – 2,957,782 16,861,679 59 ir