UOB Annual Report 2002 - United Overseas Bank

Notes to the Financial Statements
for the financial year ended 31 December 2002
44 Financial Risk Management
(b) Foreign Exchange Risk (continued)
The Group – 2001
Hong
Singapore US Malaysian Kong Australian
Dollars Dollars Ringgit Dollars Dollars Thai Baht Others Total
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Assets
Cash and balances
with central banks 1,568,092 50,635 1,337,459 29,857 12,616 101,877 229,291 3,329,827
Government treasury
bills and securities 8,711,833 73,695 208,435 68,934 32,742 1,155,766 277,788 10,529,193
Placements and
balances with banks
and agents 4,839,718 15,316,399 431,743 325,309 655,449 20,199 3,098,523 24,687,340
Trade bills and advances
to customers 39,247,425 9,274,726 5,778,996 1,686,868 1,381,770 858,587 2,663,722 60,892,094
Investment securities 1,010,408 1,479,640 149,395 8,051 85,587 32,063 191,981 2,957,125
Investments in
associates 1,755,025 2 24,964 – – – 1,331 1,781,322
Goodwill 3,776,651 – – – – – – 3,776,651
Others 2,788,735 1,414,290 374,102 117,529 71,763 122,830 496,747 5,385,996
63,697,887 27,609,387 8,305,094 2,236,548 2,239,927 2,291,322 6,959,383 113,339,548
Assets attributable
to SPE 548,546
Total assets 113,888,094
Liabilities
Current, fixed,
savings accounts
and other deposits
of non-bank
customers 45,258,917 15,552,335 5,618,313 794,490 1,263,153 2,081,411 3,883,065 74,451,684
Deposits and balances
of banks and agents 5,105,171 9,483,734 348,986 665,786 509,498 55,075 1,925,557 18,093,807
Bills and drafts payable 68,538 3,343 48,849 557 125 2,578 1,187 125,177
Debts issued 1,292,027 2,347,068 – – – – – 3,639,095
Other liabilities 1,618,773 453,183 521,681 70,405 38,297 37,720 1,174,327 3,914,386
53,343,426 27,839,663 6,537,829 1,531,238 1,811,073 2,176,784 6,984,136 100,224,149
Liabilities attributable
to SPE 548,546
Total liabilities 100,772,695
On-balance sheet
open position 10,354,461 (230,276) 1,767,265 705,310 428,854 114,538 (24,753)
Off-balance sheet
open position 534,213 853,534 (103,132) (318,143) (283,602) (171,294) (511,576)
Net open position 10,888,674 623,258 1,664,133 387,167 145,252 (56,756) (536,329)
Net structural
position – 46,634 1,021,315 368,095 112,738 10,178 317,686
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