Notes to the Financial Statements - SingTel

Notes to the Financial StatementsFor the financial year ended 31 March 201125. DERIVATIVE FINANCIAL INSTRUMENTSGroupCompany2011 2010 2011 2010S$ Mil S$ Mil S$ Mil S$ MilBalance as at 1 April (1,052.9) (144.6) (718.8) (54.6)Fair value (losses)/ gains- included in income statement (534.5) (540.3) (470.2) (736.3)- included in ‘Hedging Reserve’ (112.6) (157.6) (19.5) 72.1- included in ‘Currency Translation Reserve’ (50.2) (190.7) - -Settlement of swap for bonds repaid 217.6 - - -Translation differences 15.3 (19.7) - -Balance as at 31 March (1,517.3) (1,052.9) (1,208.5) (718.8)Disclosed as -Current asset 68.6 12.8 68.6 12.8Non-current asset - 175.6 22.9 182.7Current liability (999.8) (300.2) (988.2) (14.4)Non-current liability (586.1) (941.1) (311.8) (899.9)(1,517.3) (1,052.9) (1,208.5) (718.8)ANNUAL REPORT 2010/2011 159