Acer 2007 Annual Report Download - page 85

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82
December 31, 2006
Hedged item
Hedging
instruments Notional amount
Fair value of
hedging
instruments Settlement date
(in thousands)
Foreign currency
forward contracts:
-financial assets
Buy Sell
Accounts receivable/
payable denominated
in foreign currencies
EUR / GBP EUR 108,000 NT$ 11,516 2007/01/31 ~ 2007/03/30
USD / AUD USD 11,835 1,208 2007/03/30 ~ 2007/04/30
NT$ 12,724
-financial liabilities
Buy Sell
USD / EUR EUR 153,392 NT$ (206,676) 2007/01/16 ~ 2007/03/15
EUR / GBP EUR 39,000 (3,975) 2007/01/31 ~ 2007/03/30
USD / AUD USD 53,783 (36,884) 2007/01/18 ~ 2007/04/17
USD / NZD USD 3,700 (7,374) 2007/01/18 ~ 2007/03/16
NT$ (254,909)
December 31, 2007
Hedged item
Hedging
instruments Notional amount
Fair value of
hedging
instruments Settlement date
(in thousands)
Foreign currency
forward contracts:
-financial assets
Buy Sell
Accounts receivable/
payable denominated
in foreign currencies
EUR / NOK EUR 9,000 NT$ 7,450 2008/01/15
EUR / SEK EUR 8,500 8,813 2008/01/15
EUR / GBP EUR 146,410 131,615 2008/01/31 ~ 2008/04/16
USD / EUR EUR 13,566 6,268 2008/02/29
USD / AUD USD 29,897 42,826 2008/01/16 ~ 2008/02/28
USD / NZD USD 2,000 98 2008/01/30
AUD / NZD AUD 632 328 2008/02/05
NT$ 197,398
Financial liabilities
Buy Sell
USD / EUR EUR 11,388 NT$ (21,804) 2008/01/01 ~ 2008/02/29
USD / AUD USD 9,790 (22,773) 2008/01/11 ~ 2008/01/31
USD / NZD USD 1,430 (245) 2008/02/29
AUD / NZD AUD 1,751 - 2008/01/07
NT$ (44,822)
(5) Hedging derivative nancial assets and liabilities
The Consolidated Companies entered into foreign currency forward contracts and foreign currency
options to hedge their exposure to changes in cash ows associated with foreign currency exchange
risk resulting from anticipated transactions denominated in foreign currencies.
(a) Fair value hedge
As
of December 31, 2006 and 2007, details of hedged items designated as fair value hedges and
their respective hedging derivative nancial instruments were as follows: