03 Financial Statements NOTE 17: COMMITTED CREDIT FACILITIES

CEFC ANNUAL REPORT / 2014–15

Note 17: Committed Credit Facilities

Commitments represent funds committed by the Corporation to third parties where the funds remain available but undrawn at year end. Commitments to provide credit may convert to loans and other assets in the ordinary course of business. As these commitments may expire without being drawn upon, the notional amounts do not necessarily reflect future cash requirements.

 

 

2015

$'000

2014

$'000

Committed credit facilities

499,245

605,564

Committed investments at call

205,000

80,000

Total committed credit facilities as per commitments note

704,245

685,564