Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable

v2.4.1.9
Accounts Payable
6 Months Ended
Dec. 31, 2014
Accounts Payable, Current [Abstract]  
Accounts Payable
ACCOUNTS PAYABLE
Accounts payable consist of the following:
in thousands
 
 
 
 
 
 
 
December 31, 2014
 
June 30, 2014
 
Trade payable to customers payables
 
$
5,723

 
$
366

 
Advances from customers
 
28,783

 
38,739

 
Liability on deferred revenue
 
9,713

 
4,177

 
Net liability on margin accounts
 
5,123

 
8,983

 
Other accounts payable
 
1,359

 
1,362

 
Subtotal
 
50,701

 
53,627

 
Derivative liabilities — open sales and purchase commitments, net
 
30,020

 
848

 
Derivative liabilities — futures contracts
 

 
8,078

 
Derivative liabilities — forward contracts
 
46

 
14,873

 
 
 
$
80,767

 
$
77,426