This section analyses how the APSC manages financial risks within its operating environment.
6.1: Financial instruments
|Loans and receivables|
|Cash and cash equivalents||894||1,075|
|Goods and services receivables (net)||3.1a||1,148||1,446|
|Total loans and receivables:||2,042||2,521|
|Total financial assets||2,042||2,521|
|Financial liabilities measured at amortised cost|
|Trade creditors and accruals||3.3a||2,441||3,808|
|Total financial liabilities measured at amortised cost||2,521||3,898|
|Total financial liabilities||2,521||3,898|
Note 6.2: Fair value measurement
|Plant and equipment||465||934|
All property, plant and equipment is measured at fair value, in accordance with the accounting policy.
The APSC’s assets are held for operational purposes and not held for the purposes of deriving a profit.
Fair value is estimated using replacement cost, which is depreciated based upon the expended and remaining useful life of each asset.