Annual report and accounts 2023 - Flipbook - Page 174
A.G. BARR p.l.c. Annual Report and Accounts 2023
Notes to the Accounts continued
14.
Financial instruments continued
Carrying amount
Company
At 30 January 2022
Financial assets – Non-current
Loan receivable*
Loan receivable from associate
Financial assets – Current
Trade and other receivables and amounts due from subsidiary companies
Cash and cash equivalents
Financial liabilities – Non-current
Lease liabilities
Financial liabilities – Current
Foreign exchange contracts used for hedging
Accruals
Lease liabilities
Trade payables and amounts due to other subsidiary companies
*
Fair value –
hedging
instruments
£m
Other financial
assets at
amortised cost
£m
Other financial
liabilities at
amortised cost
£m
Total
£m
–
–
0.5
1.0
–
–
0.5
1.0
–
1.5
–
1.5
–
–
34.6
59.1
–
–
34.6
59.1
–
93.7
–
93.7
–
–
19.3
19.3
–
–
19.3
19.3
0.2
–
–
–
–
–
–
–
–
27.1
2.6
25.9
0.2
27.1
2.6
25.9
0.2
–
55.6
55.8
The loan receivable was provided in August 2021. The earliest repayment date is August 2023.
All financial instruments at fair value sit within Level 2 of the fair value hierarchy with the exception of the contingent consideration that sits within Level 3.
The carrying amount of the other financial assets and liabilities approximates to the fair value due to the short term to maturity and/or not bearing interest.
The cumulative amount of gains and losses on effective hedging instruments are held within the cash flow hedge reserve in "Other reserves".
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