29 FINANCIAL INSTRUMENTS
(continued)
Foreign currency risk
(continued)
Singapore
Dollar
Australian
Dollar
Chinese
Renminbi
Euro
Great
British
Pound
Hong Kong
Dollar
Indonesian
Rupiah
Japanese
Yen
Philippine
Peso
US
Dollar
Vietnamese
Dong
Total
foreign
currencies
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
Group
31 December 2013
Loan receivables – intra-group and
associate
33,478
21,523
– 303,480 113,694
–
–
–
–
64,798
– 536,973
Trade and other receivables
4,083
58
4,658
3,583
6,531
–
17
1,093
4,091
3,550
1,531
29,195
Intra-group receivables
399,555
34,961
17,052 739,190 489,252
63
2,208 349,709
4,074 373,422
– 2,409,486
Cash and cash equivalents
91,652
4,650
20,003
8,285
14,282
–
–
20,380
13,297
5,230
26,739 204,518
Loan payables – intra-group
(33,478)
(21,523)
– (303,480) (113,694)
–
–
–
–
(61,282)
– (533,457)
Trade and other payables
(21,318)
(1,194)
(18,488)
(23,115)
(6,425)
(12,555)
(2,801)
(15,506)
(5,603)
3,835
(9,038) (112,208)
Intra-group payables
(399,555)
(34,961)
(17,052) (739,190) (489,252)
(63)
(2,208) (349,709)
(4,074) (373,422)
– (2,409,486)
Financial liabilities
(247,329)
(1,529)
(64,009) (351,505) (122,116)
–
– (351,710)
–
(58,884)
– (1,197,082)
Gross currency exposure
(172,912)
1,985 (57,836) (362,752) (107,728)
(12,555)
(2,784) (345,743)
11,785 (42,753)
19,232 (1,072,061)
Add/(less): Net exposure denominated in
the respective entities’ functional
currencies
92,918
25,179
46,566 512,421 185,047
121
547 342,190
(10,906)
92,326
(19,232) 1,267,177
Add: Loan designated for net investment
hedge
–
–
– 312,923
–
–
–
–
–
–
– 312,923
Add/(less): Loan receivables/payables –
quasi-equity
33,478 (21,523)
– (303,480) (113,694)
–
–
–
–
(64,798)
– (470,017)
Net exposure
(46,516)
5,641 (11,270)
159,112 (36,375)
(12,434)
(2,237)
(3,553)
879 (15,225)
–
38,022
Results of the analysis as presented in the above table represent an aggregation of the effects on each of the Group entities’ balance sheet
measured in the respective functional currencies, translated into Singapore dollars at the exchange rate at the reporting date for presentation
purposes.
Notes to the Financial Statements
Year ended 31 December 2014
176 | Ascott Residence Trust Annual Report 2014
