b'< NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2019LIQUIDITY RISK needs are identified in its annual Board approved budget,Vigilant liquidity risk management requires the consolidatedand updated on a quarterly basis through revised forecasts.entity to maintain sufficient liquid assets (mainly cash andRemaining contractual maturitiescash equivalents) and available borrowing facilities to be able to pay debts as and when they become due and payable. The following tables detail the consolidated entitys remaining contractual maturity for its financial liabilities.The consolidated entity maintains cash to meet all its liquidity The tables have been drawn up based on the undiscounted requirements and manages its liquidity by carefully monitoringcash flows of financial liabilities based on the earliest datecash outflows due ina day-to-day and week-to-week basis.on which the financial liabilities are required to be paid.Furthermore, the consolidated entitys long term liquidity WEIGHTEDBETWEEN BETWEEN TOTAL AVERAGE1 YEAR 1 AND 2 2 AND 5 OVER CONTRACTUAL INTEREST RATE OR LESS YEARS YEARS 5 YEARS MATURITIESConsolidated2019 % $ $ $ $ $NON-DERIVATIVESNon-interest bearing: Trade payables 7,168,6247,168,624Floating chips 8,257,4138,257,413 Interest bearingvariable: Bank loans 8.62%16,563,907 19,379,454 35,943,361Total non-derivatives31,989,944 19,379,454 51,369,398 WEIGHTEDBETWEEN BETWEEN TOTAL AVERAGE1 YEAR 1 AND 2 2 AND 5 OVER CONTRACTUAL INTEREST RATE OR LOSS YEARS YEARS 5 YEARS MATURITIESConsolidated2018 % $ $ $ $ $NON-DERIVATIVESNon-interest bearing: Trade payables 4,842,6514,842,651Floating chips 6,624,8566,624,856 Interest-bearingvariable: Bank loans 8.19%24,594,915 45,806,572 70,401,487Total non-derivatives36,062,422 45,806,572 81,868,994 The cash flows in the maturity analysis above are not expected to occur significantly earlier than contractually disclosed above.FAIR VALUE OF FINANCIAL INSTRUMENTSUnless otherwise stated, the carrying amounts of financial instruments reflect their fair value.DONACO INTERNATIONAL LIMITED 2019 ANNUAL REPORT 73'