29 FINANCIAL INSTRUMENTS
(continued)
Foreign currency risk
(continued)
Singapore
Dollar
Australian
Dollar
Chinese
Renminbi
Euro
Great
British
Pound
Hong
Kong
Dollar
Japanese
Yen
Philippine
Peso
US
Dollar
Total
foreign
currencies
$’000
$’000
$’000
$’000
$’000 $’000
$’000
$’000
$’000
$’000
Trust
31 December 2013
Loan receivables – intra-group and associate
–
–
–
–
–
–
–
–
3,516
3,516
Trade and other receivables
1,647
–
–
–
–
–
82
–
902
2,631
Intra-group receivables
313,798
25,854
18,833 558,200 403,743
(58)
186,553
3,195 190,849 1,700,967
Cash and cash equivalents
90,809
56
–
176
303
–
69
–
241
91,654
Trade and other payables
(10,878)
(5)
(9,490)
(885)
(68)
–
(4)
–
(102)
(21,432)
Intra-group payables
(232,075)
(1,343)
–
–
–
–
(68,428)
– (69,118)
(370,964)
Financial liabilities
2,359
(1,529)
– (312,923) (122,116)
–
(36,007)
–
(1,162)
(471,378)
Gross currency exposure
165,660
23,033
9,343 244,568 281,862
(58)
82,265
3,195 125,126 934,994
Less: Net exposure denominated in the respective
entities’ functional currencies
(165,660)
–
–
–
–
–
–
–
– (165,660)
Add: Loan receivables – quasi-equity
–
–
–
–
–
–
–
–
(3,516)
(3,516)
Net exposure
–
23,033
9,343 244,568 281,862
(58)
82,265
3,195 121,610 765,818
Notes to the Financial Statements
Year ended 31 December 2014
178 | Ascott Residence Trust Annual Report 2014
