Nyrada Inc Annual Report 2020

NYRADA INC (ASX:NYR) 52 h) Liquidity risk management Ultimate responsibility for liquidity risk management rests with the board of directors, which has established an appropriate liquidity risk management framework for the management of the Group’s short, medium and long-term funding and liquidity management requirements. The Group manages liquidity by maintaining adequate banking facilities, by continuously monitoring forecast and actual cash flows, and by matching the maturity profiles of financial assets and liabilities. Contractual cash flows Carrying Amount Less than 1 month 1-3 months 3-12 months 1 year to 5 years Total contractual cash flows 2020 $ $ $ $ $ $ Trade and other payables 696,883 200,863 153,698 - 342,322 696,883 28. Auditors Remuneration Consolidated 2020 2019 $ $ Audit and review services Nexia Sydney Audit Pty Ltd 49,500 35,000 Other services Nexia Sydney Corporate Advisory Pty Ltd 32,500 36,970