Annual report pursuant to Section 13 and 15(d)

Accounts Payable

v3.2.0.727
Accounts Payable
12 Months Ended
Jun. 30, 2015
Accounts Payable, Current [Abstract]  
Accounts Payable
ACCOUNTS PAYABLE
Accounts payable consist of the following:
in thousands
 
 
 
 
 
June 30,
 
2015
 
2014
 
Trade payable to customers payables
 
$
128

 
$
366

 
Advances from customers
 
38,039

 
38,739

 
Liability on deferred revenue
 
11,039

 
4,177

 
Net liability on margin accounts
 
6,908

 
8,983

 
Other accounts payable
 
1,433

 
1,362

 
Subtotal
 
57,547

 
53,627

 
Derivative liabilities — open sales and purchase commitments, net
 
10,989

 
848

 
Derivative liabilities — futures contracts
 

 
8,078

 
Derivative liabilities — forward contracts
 

 
14,873

 
 
 
$
68,536

 
$
77,426