Acer 2007 Annual Report Download - page 84

Download and view the complete annual report

Please find page 84 of the 2007 Acer annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 117

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117

81
December 31, 2007
Notional
amount Fair value Settlement date
(in thousands) (in thousands)
Foreign currency forward contracts:
Financial assets:
Buy Sell
USD / ZAR USD 17,222 NT$ 11,085 2008/01/02 ~ 2008/02/29
USD / SGD USD 2,000 133 2008/01/31
USD / EUR EUR 18,000 708 2008/01/16
USD / INR USD 5,000 106 2008/01/31 ~ 2008/05/30
USD / JPY USD 16,500 1,273 2008/01/15 ~ 2008/05/16
USD / RMB USD 5,000 108 2008/02/29
USD / THB USD 18,000 1,586 2008/01/15 ~ 2008/02/15
NT$ 14,999
Financial liabilities:
Buy Sell
USD / ZAR USD 7,000 (4,460) 2008/01/02 ~ 2008/02/15
USD / RMB USD 10,000 (1,991) 2008/01/30 ~ 2008/03/31
USD / MYR USD 21,865 (6,642) 2008/01/15 ~ 2008/03/17
USD / SGD USD 13,000 (2,682) 2008/01/16 ~ 2008/03/31
USD / INR USD 45,536 (22,051) 2008/01/16 ~ 2008/05/30
USD / NTD USD 24,000 (2,180) 2008/01/09 ~ 2008/01/31
USD / EUR EUR 645,000 (1,354,543) 2008/01/31 ~ 2008/02/29
NT$ (1,394,549)
The fair values of the derivative financial instruments described above were accounted for
under the following accounts:
December 31, 2006 December 31, 2007
NT$ NT$ US$
Financial assets at fair value through profit
or lossЁcurrent:
Foreign currency forward contracts 96,906 14,999 462
Foreign currency options 3,059 4,983 154
99,965 19,982 616
Financial liabilities at fair value through
profit or lossЁcurrent:
Foreign currency forward contracts (1,157,566) (1,394,549) (42,995)
Foreign currency options (44,620) (593) (18)
(1,202,186) (1,395,142) (43,013)
As of December 31, 2006 and 2007, unrealized loss resulting from the changes in fair value
of these derivative contracts amounted to NT$1,787,081 and NT$272,939, respectively.