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ON A RAPID RISE
NOTES TO
FINANCIAL STATEMENTS (CONT’D)
31 March 2015
29 FINANCIAL INSTRUMENTS, FINANCIAL RISKS AND CAPITAL RISKS MANAGEMENT (cont’d)
Sensitivity analysis for currency risk
If the relevant foreign currency changes against the Singapore dollar by 5% (2014: 5%), all other variables being
held constant, the effects will be as follows:
Profit or Loss
2015 2014
$’000 $’000
Increase/(Decrease) 23,460 19,005
US Dollar against Singapore Dollar (23,460) (19,005)
Strengthened
Weakened 2,734 3,346
Euro against Singapore Dollar (2,734) (3,346)
Strengthened
Weakened 1,368 1,061
Japanese Yen against Singapore Dollar (1,368) (1,061)
Strengthened
Weakened 2,125 1,650
Pound Sterling against Singapore Dollar (2,125) (1,650)
Strengthened
Weakened
Estimating the fair values
Financial assets at fair value through profit or loss
The fair values of financial assets traded in active markets are based on quoted market prices at the end of the
reporting period.
The fair values of unquoted investments are based on net asset values provided by fund managers and external
valuations.
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