b'NOTE 22: FINANCIAL RISK MANAGEMENT The Companys financial instruments consist mainly of deposits with banks, local money market instruments, short-term investments, accounts receivable and payable, bank loans, accommodation bonds/RADs, and Ingoing Contributions. The totals for each category of financial instruments, measured in accordance with AASB 9 are detailed below:20222021 $000$000FINANCIAL ASSETS Cash and cash equivalents 9,058 53,959 Trade and other receivables13,43110,866 Financial assets a fair value through other comprehensive income154,889 124,026177,378188,851FINANCIAL LIABILITIES Financial liabilities at amortised cost: - Trade and other payables35,69042,210 - Deferred consideration11,84016,620 - Borrowings31,100 Resident liabilities294,149 261,075 372,779319,905 The Board of Directors and Senior Management are responsible for monitoring and managing financial risks. Senior Management regularly review investments and borrowings and seek advice from an independent investment research and advisory firm. The Board reviews investments at each meeting and receives a quarterly portfolio report from the independent investment research and advisory firm. The Company does not have any derivative instruments at 30 June 2022 (2021: nil).NOTE 23: ECONOMIC DEPENDENCE Ozcares continued operation is dependent on retaining bed licences and ongoing Government subsidies which are subject to regular contractual reviews and/or accreditation requirements.NOTE 24: LESSOR DISCLOSURESOzcare lease space within their properties to external tenants. Leases range from terms of 1 to 5 years, with several leases subject to further options. Rentals are fixed, with annual adjustment for CPI movement or at fixed increments depending upon the individual lease agreement.20222021 $000$000FINANCIAL ASSETS Not later than one year1,330485 Later than one year but not later than two years778364 Later than two years but not later than three years523-2,631849 Page | 46'