Annual Report 2012 - IOI Group

NOTES TO THEFINANCIAL STATEMENTS42. FINANCIAL INSTRUMENTS (Continued)42.1 Foreign currency risk (Continued)42.1.2 Foreign currency risk exposureThe analysis of the Group’s foreign currencies long-short positions for each class of financial instruments withseparate lines on currency derivative is as follows:Group2012Contract basedcurrency USD EUR SGD JPY OthersMaturity 1 yearRM’000 1 yearRM’000 1 yearRM’000 1 yearRM’000 1 yearRM’000Financial assets inforeign currenciesCash and bank balances 1,818,327 – 95,085 – 39,948 – – – 13,270 –Trade and otherreceivables 816,327 – 255,550 – – – 11,663 – 14,446 –Derivative assets 861,241 – – – – – – – – –Financial liabilitiesin foreign currenciesTrade and otherpayables (170,168) – (71,834) – (5,256) – (360) – (7,650) –Amounts due toassociates – – – – – – – – (6,634) –Borrowings (13,949) (6,485,850) – – (499,340) – – (846,363) – –Advances fromnon-controllinginterests – – – – – (129,703) – – – –Derivative liabilities (564,131) – – – – – – – – –Currency derivativesForeign currencyforwards (2,663,596) – (44,382) – – – (24,771) – (45,340) –Structured and hybrids 742,066 566,468 – (318,184) – (491,063) – 846,363 (12,027) –Net exposure 826,117 (5,919,382) 234,419 (318,184) (464,648) (620,766) (13,468) – (43,935) –216IOI CORPORATION BERHADAnnual Report 2012