33. Financial risk management objectives and policies (cont’d)
(a) Market risk (cont’d)
(ii) Foreign currency risk (cont’d)
Group
SGD USD EUR
IDR RMB Others Total
2014
$’000 $’000 $’000
$’000 $’000 $’000 $’000
Financial assets
Trade and other receivables
158,386 85,554 22,745
4,238
3,455
1,830 276,208
Cash and bank balances
17,145 47,889
6,998
972
127
24 73,155
175,531 133,443 29,743
5,210
3,582
1,854 349,363
Financial liabilities
Trade and other payables
117,985 37,050 14,165
8,255
3,271
446 181,172
Interest-bearing loans
and borrowings
225,354 212,618
191
–
716
– 438,879
Trust receipts
67,662 11,925 18,622
–
1,995
– 100,204
Bank overdraft
–
–
6,724
–
–
–
6,724
411,001 261,593 39,702
8,255
5,982
446 726,979
Net financial (liabilities)/
assets
(235,470) (128,150)
(9,959)
(3,045)
(2,400)
1,408 (377,616)
Net financial liabilities/
(assets) denominated in
the respective entities’
functional currencies
235,470 38,374 10,221
207
810
– 285,082
Currency exposure
– (89,776)
262
(2,838)
(1,590)
1,408 (92,534)
NOTES TO THE FINANCIAL
STATEMENTS
For the financial year ended 30 June 2015
ASL Marine Holdings Ltd. /Annual Report 2015
151
