Bursa Malaysia • Annual Report 2013
163
Financial Reports
35. Financial risk management objectives and policies (cont’d.)
(c) Market risk: Foreign currency risk (cont’d.)
The Group and the Company do not hedge their currency exposures. The following table shows the accumulated amount of material financial assets
and liabilities which are unhedged:
2013
2012
USD
SGD
USD
EUR
RM’000
RM’000
RM’000
RM’000
Group
Financial assets
Investment securities - shares quoted outside Malaysia
98,584
-
59,322
-
Trade receivables
1,063
-
573
-
99,647
-
59,895
-
Financial liabilities
Other payables
3,662
54
3,957
87
Company
Financial assets
Investment securities - shares quoted outside Malaysia
98,584
-
59,322
-
Financial liabilities
Other payables
66
54
256
87
The Group is not exposed to foreign currency risk from the holding of margins and collaterals as the risks are borne by the participants. The following
table depicts this through the netting off of monies held as margins and collaterals against the corresponding liability.
USD
SGD
JPY
Total
RM’000
RM’000
RM’000
RM’000
Group
At 31 December 2013
Financial assets
Cash and bank balances
275,500
1,045
-
276,545
Financial liabilities
Trade payables
(275,500)
(1,045)
-
(276,545)
-
-
-
-
Notes to the Financial Statements
31 December 2013
