notes to the financial statements - Investor Relations

NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2011
42 FINANCIAL RISK MANAGEMENT (CONT’D)
Foreign exchange risk (cont’d)
Company
US
dollar Euro
Annual Report 2011
127
Chinese
Yuan
$’000 $’000 $’000
2011
Trade and other receivables 1,034 – 42
Cash and cash equivalents 222 57 10
Trade and other payables (47) – –
1,209 57 52
2010
Trade and other receivables 530 1 23
Cash and cash equivalents 235 115 –
Trade and other payables (3) (1) –
762 115 23
Sensitivity analysis
A 10% strengthening of the Group’s major functional currencies against the following currencies at the reporting date would
increase/(decrease) equity and profit before tax by the amounts shown below. This analysis assumes that all other variables,
in particular interest rates, remain constant.
Group Company
Profit
Profit
Equity before tax Equity before tax
$’000 $’000 $’000 $’000
2011
US dollar – (1,798) – (121)
Singapore dollar – (419) – –
Euro – (523) – (6)
Chinese Yuan – 86 – (5)
Thai Baht – 98 – –
– (2,556) – (132)
2010
US dollar – (1,309) – (76)
Singapore dollar – (501) – –
Euro – (276) – (12)
Chinese Yuan – (52) – (2)
Thai Baht – 2 – –
– (2,136) – (90)
A 10% weakening of the Group’s major functional currencies against the above currencies would have had the equal but
opposite effect on the above currencies to the amounts shown above, on the basis that all other variables remain constant.