
03 Financial Statements NOTE 17: COMMITTED CREDIT FACILITIES
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 |