126 127
27.
Financial risk management (continued)
Financial risk factors (continued)
(a)
Market risk (continued)
(i)
Currency risk (continued)
The Group’s main currency exposure based on the information provided to key management is as follow:
INR
SGD
USD
TOTAL
$'000
$'000
$'000
$'000
2015
Financial Assets
Cash and cash equivalents
59,598
10,045
18
69,661
Trade and other receivables
16,670
86
40
16,796
Investment in available-for-sale financial assets
108,129
–
–
108,129
Other financial assets
9,973
85
–
10,058
Total financial assets
194,370
10,216
58
204,644
Financial Liabilities
Trade and other payables
(83,142)
(12,497)
(134)
(95,773)
Borrowings
–
(315,169)
–
(315,169)
Total financial liabilities
(83,142)
(327,666)
(134)
(410,942)
Net Financial Assets/(Liabilities)
111,228 (317,450)
(76)
(206,298)
Less: Net financial liabilities denominated in the
respective entities' functional currencies
(111,228)
–
–
(111,228)
Currency swaps
–
211,500
–
211,500
Currency forwards
–
16,600
–
16,600
Net Currency Exposure
–
(89,350)
(76)
(89,426)
2014
Financial Assets
Cash and cash equivalents
71,475
2,884
17
74,376
Trade and other receivables
14,847
–
–
14,847
Investment in available-for-sale financial assets
45,353
–
–
45,353
Other financial assets
8,700
5
–
8,705
Total financial assets
140,375
2,889
17
143,281
Financial Liabilities
Trade and other payables
(73,684)
(10,009)
(12)
(83,705)
Borrowings
–
(234,363)
–
(234,363)
Total financial liabilities
(73,684)
(244,372)
(12)
(318,068)
Net Financial Assets/(Liabilities)
66,691 (241,483)
5
(174,787)
Less: Net financial liabilities denominated in the
respective entities' functional currencies
(66,691)
–
–
(66,691)
Currency swaps
–
152,500
–
152,500
Currency forwards
–
16,800
–
16,800
Net currency exposure
–
(72,183)
5
(72,178)
