NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 JUNE 2000
29. FINANCIAL INSTRUMENTS (continued)
(c) Net fair values
The aggregrate net fair values of financial assets and liabilities are identical to the carrying amount
in the balance sheet.
The following methods and assumptions are used to determine the net fair values of financial assets
and liabilities:
Cash and cash equivalents
The carrying amount approximates fair value because of their short term to maturity.
Trade debtors, other debtors and loans
The carrying amount approximates fair value.
Investments
For investments where there is no quoted market price, a reasonable estimate of the fair value is
calculated based on the underlying net asset base of the investment.
Trade creditors, other creditors and accruals
The carrying amount approximates fair value.
(d) Credit risk exposures
The economic entity’s maximum exposure to credit risk at balance date in relation to each class of
recognised financial assets is the carrying amount of those assets as indicated in the balance sheet.
Company
2000 1999
$$
30. CONTINGENT LIABILITIES
As detailed in Note 11, the company has entered 
into a deed of cross-guarantee with certain wholly-
owned controlled entities. The total liabilities of 
these wholly-owned controlled entities (excluding 
amounts owed to the parent entity) for which 
the Company is potentially liable are: 18,447,843  15,578,523
61