Financial instruments (Tables)

12 Months Ended

Jun. 30, 2018

Summary of variable interest rate balances

As at the reporting date, the consolidated entity had the following variable interest rate balances:


	2018					2017
	Weighted average interest rate			Balance		Weighted average interest rate			Balance
	%			A$’000		%			A$’000

Cash at bank and in hand		0.04	%		2,956		0.10	%		8,455
Short term deposits		2.35	%		3,000		2.40	%		6,000


Net exposure to cash flow interest rate risk					5,956					14,455

Summary of remaining contractual maturities of financial instrument liabilities

The following tables detail the consolidated entity’s remaining contractual maturity for its financial instrument liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the financial liabilities are required to be paid. The tables include both interest and principal cash flows disclosed as remaining contractual maturities and therefore these totals may differ from their carrying amount in the statement of financial position.


Consolidated	Weighted average interest rate		1 year or less		Between 1 and 2 years		Between 2 and 5 years		Over 5 years		Remaining contractual maturities
2018	%		A$’000		A$’000		A$’000		A$’000		A$’000

Non-derivatives
Non-interest bearing
Trade payables		—		1,407		—		—		—		1,407
Accrued payables		—		576		—		—		—		576
Contingent consideration		—		4,250		—		4,650		1,394		10,294

Total non-derivatives				6,233		—		4,650		1,394		12,277


Consolidated	Weighted average interest rate		1 year or less		Between 1 and 2 years		Between 2 and 5 years		Over 5 years		Remaining contractual maturities
2017	%		A$’000		A$’000		A$’000		A$’000		A$’000

Non-derivatives
Non-interest bearing
Trade payables		—		1,249		—		—		—		1,249
Accrued payables		—		614		—		—		—		614
Contingent consideration		—		4,250		—		4,650		1,394		10,294

Total non-derivatives				6,113		—		4,650		1,394		12,157

Foreign currency risk [member]

Summary of foreign currency risk

The carrying amount of the consolidated entity’s foreign currency denominated financial assets and financial liabilities at the reporting date was as follows:


	Assets				Liabilities
	2018		2017		2018		2017
	A$’000		A$’000		A$’000		A$’000

US dollars		317		5,797		896		1,010
Pound Sterling		—		—		—		84

		317		5,797		896		1,094

Summary of foreign currency risk sensitivity

If the AUD had strengthened against the USD by 10% (2017: 10%), Euro by 10% (2017: 10%), GBP by 10% (2017: 10%) respectively then this would have had the following impact:


	AUD strengthened									AUD weakened
Consolidated - 2018	% change			Effect on profit before tax			Effect on equity			% change			Effect on profit before tax			Effect on equity
				A$’000			A$’000						A$’000			A$’000

US dollars		10	%		58			58			(10	%)		(58	)		(58	)


	AUD strengthened									AUD weakened
Consolidated - 2017	% change			Effect on profit before tax			Effect on equity			% change			Effect on profit before tax			Effect on equity
				A$’000			A$’000						A$’000			A$’000

US dollars		10	%		(478	)		(478	)		(10	%)		478			478
Pound Sterling		10	%		8			8			(10	%)		(8	)		(8	)


					(470	)		(470	)					470			470