Annual report pursuant to Section 13 and 15(d)

Accounts Payable

v2.4.0.8
Accounts Payable
12 Months Ended
Jun. 30, 2014
Accounts Payable, Current [Abstract]  
Accounts Payable
ACCOUNTS PAYABLE
Accounts payable consist of the following:
in thousands
 
 
 
 
June 30,
 
2014
 
2013
Trade payable to customers payables
 
$
366

 
$
1,531

Advances from customers
 
38,739

 
27,548

Liability on deferred revenue
 
4,177

 
14,985

Net liability on margin accounts
 
8,983

 
6,636

Due to brokers
 

 
4,655

Other accounts payable
 
1,362

 
463

Subtotal
 
53,627

 
55,818

Derivative liabilities — open sales and purchase commitments, net
 
848

 
30,192

Derivative liabilities — futures contracts
 
8,078

 

Derivative liabilities — forward contracts
 
14,873

 

 
 
$
77,426

 
$
86,010