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155
Notes to the Financial Statements
31 December 2015
33 FINANCIAL RISK MANAGEMENT (CONTINUED)
(a) Market risk (continued)
(i)
Foreign exchange risk (continued)
Currency exposure at 31 December 2015
Group
SGD
RM’000
USD
RM’000
SDR
RM’000
Others
RM’000
Functional currency
Ringgit Malaysia
Receivables
12
1,794
17,081
-
Deposits, bank and cash balances
-
7,093
-
51
Payables
(1,822)
(701,821)
(62,599)
(1,335)
Amounts due to fellow subsidiaries
-
(2,180)
(32)
-
Amounts due (to)/from related parties, net
-
(322)
276
-
Syndicated term loans
-
(2,055,764)
-
-
Term loans
(212,384)
(749,801)
-
-
Gross exposure
(214,194)
(3,501,001)
(45,274)
(1,284)
CCIRS:
- syndicated term loans
-
2,055,764
-
-
- term loans
212,384
749,801
-
-
Forward foreign exchange contract:
- payables
-
98,785
-
-
Net exposure
(1,810)
(596,651)
(45,274)
(1,284)
Currency exposure at 31 December 2014
Group
SGD
RM’000
USD
RM’000
SDR
RM’000
Others
RM’000
Functional currency
Ringgit Malaysia
Receivables
7
3,068
28,377
-
Deposits, bank and cash balances
-
6,739
-
48
Payables
(85)
(646,913)
(16,183)
(773)
Amounts due from related parties, net
-
215
839
100
Syndicated term loans
-
(2,536,407)
-
-
Term loans
(184,617)
(609,622)
-
-
Gross exposure
(184,695)
(3,782,920)
13,033
(625)
CCIRS:
- syndicated term loans
-
2,536,407
-
-
- term loans
184,617
609,622
-
-
Net exposure
(78)
(636,891)
13,033
(625)
