FINANCIAL STATEMENTS - Mewah Group
FINANCIAL STATEMENTS - Mewah Group
FINANCIAL STATEMENTS - Mewah Group
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
ANNUAL REPORT 2012NOTES TOTHE <strong>FINANCIAL</strong> <strong>STATEMENTS</strong>For the financial year ended 31 December 201232. <strong>FINANCIAL</strong> RISK MANAGEMENT (CONTINUED)(a) Market risk (continued)(i)Currency risk (continued)With all other variables including tax rate being held constant, the effects arising from the net financial assets/liabilities positionwill be as follows:2012 2011Increase/(decrease)Change Profit after tax Change Profit after tax% US$’000 % US$’000<strong>Group</strong>USD against SGD- Strengthened 6 157 1 (306)- Weakened 6 (157) 1 306USD against Ringgit- Strengthened 3 19 2 31- Weakened 3 (19) 2 (31)USD against AUD- Strengthened 1 41 1 40- Weakened 1 (41) 1 (40)CompanyUSD against SGD- Strengthened 6 11 1 (777)- Weakened 6 (11) 1 777USD against Ringgit- Strengthened 3 - 2 1- Weakened 3 - 2 (1)USD against EURO- Strengthened 2 (1) 2 -- Weakened 2 1 2 -97