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FINANCIAL REPORTS
178
Bursa Malaysia •
Annual Report 2015
NOTES TO THE
FINANCIAL STATEMENTS
31 DECEMBER 2015
36. 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:
2015
2014
USD
SGD
USD
SGD
RM’000
RM’000
RM’000
RM’000
Group
Financial assets
Investment securities - shares quoted outside Malaysia
148,667
-
118,631
-
Trade receivables
535
-
881
-
149,202
-
119,512
-
Financial liabilities
Other payables
4,973
-
5,067
64
Company
Financial assets
Investment securities - shares quoted outside Malaysia
148,667
-
118,631
-
Financial liabilities
Other payables
173
-
-
64
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 liabilities.
Group
USD
JPY
Total
RM’000
RM’000
RM’000
At 31 December 2015
Financial assets
Cash for trading margins and security deposits
275,218
5,705
280,923
Financial liabilities
Trade payables
(275,218)
(5,705)
(280,923)
-
-
-