Notes to the Financial Statements For the financial year ended 31 December 2024 16 FINANCIAL RISK MANAGEMENT (CONTINUED) Risk management framework (continued) (a) Market risk (continued) (i) Interest rate risk (continued) Exposure to interest rate risk At the reporting date, the interest rate profile of the Company’s interest-bearing financial instruments, as reported to the management, was as follows: 2024 2023 $ $ Variable rate instruments Loan from a related corporation 7,000,000 7,065,090 Cash flow sensitivity analysis for variable rate instruments A change of 30 basis points (2023: 30 basis points) in interest rates at the reporting date would have increased/(decreased) profit or loss by the amounts shown below. The analysis assumed that all other variables remain constant. Profit or loss 30 bp increase 30 bp decrease $ $ 31 December 2024 Variable rate instruments Loan from a related corporation (21,000) 21,000 31 December 2023 Variable rate instruments Loan from a related corporation (21,195) 21,195 (ii) Equity price risk The Company has equity investments designated as at FVOCI and is exposed to equity price risk. These stapled securities are listed on the Singapore Stock Exchange. Sensitivity analysis If prices for the equity securities listed change by 10% (2023: 20%) with all other variables including tax rate being held constant, the impact on the fair value reserve will be as follows: 2024 2023 10% price increase 10% price decrease 20% price increase 20% price decrease $ $ $ $ Quoted stapled securities in CapitaLand Ascott Trust 95,719 (95,719) 1,621,612 (1,621,612) 302 CapitaLand Ascott Trust
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