Acer 2010 Annual Report Download - page 49

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ACER INCORPORATED
2010 ANNUAL REPORT
94
FINANCIAL STANDING
95
value of these derivative contracts amounted to NT$652,108 and NT$(255,223), respectively.
The Consolidated Companies entered into derivative contracts to manage foreign currency exchange risk
arising from operating activities. As of December 31, 2009 and 2010, the derivative nancial instruments
that did not conform to the criteria for hedge accounting and were classied as nancial assets and liabilities
at fair value through prot or loss consisted of the following:
(a) Foreign currency forward contracts
December 31,2009
Buy Sell
Contract amount
(in thousands) Maturity period
USD / SGD USD 12,600 2010/01~2010/03
USD / MXN USD 96,100 2010/01~2010/03
USD / EUR EUR 47,000 2010/02
USD / INR USD 55,992 2010/01~2010/03
USD / MYR USD 15,400 2010/01~2010/03
USD / THB USD 20,670 2010/01~2010/02
USD / JPY USD 68,300 2010/01~2010/04
USD / RUB USD 124,000 2010/01~2010/04
USD / PHP USD 100 2010/01
USD / ZAR USD 21,500 2010/01~2010/03
USD / NTD USD 5,000 2010/01~2010/02
EUR / NOK EUR 17,403 2010/01~2010/04
EUR / SEK EUR 48,400 2010/01~2010/04
EUR / PLN EUR 23,000 2010/01
RUB / USD USD 36,689 2010/01
MXN / USD USD 2,900 2010/01
December 31,2010
Buy Sell
Contract amount
(in thousands) Maturity period
USD / SGD USD 15,000 2011/01~2011/03
USD / MYR USD 26,300 2011/01~2011/02
USD / THB USD 29,200 2011/01~2011/02
USD / INR USD 67,417 2011/01~2011/03
USD / JPY USD 68,000 2011/01~2011/04
USD / MXN USD 81,500 2011/01~2011/04
USD / RUB USD 258,821 2011/01~2011/04
USD / ZAR USD 36,000 2011/01~2011/04
USD / EUR EUR 45,685 2011/01~2011/02
AUD / USD USD 21 2011/01
RUB / USD USD 38,546 2011/01
(b) Options contracts
(i) Long position
December 31, 2009
Contract amount Maturity period
(in thousands)
USD Call/EUR Put USD 22,500 2010/01~2010/02
USD Call/RUB Put USD 5,000 2010/02
December 31, 2010
Contract amount Maturity period
(in thousands)
EUR Call/GBP Put EUR 23,325 2011/01
(ii) Short position
December 31, 2009
Contract amount Maturity period
(in thousands)
EUR Call/USD Put USD 22,500 2010/01~2010/02
RUB Call/USD Put USD 7,500 2010/02
December 31, 2010
Contract amount Maturity period
(in thousands)
GBP Call/EUR Put EUR 28,528 2011/01
(6) Hedging purpose derivative nancial assets and liabilities
December 31, 2009 December 31, 2010
NT$ NT$ US$
Hedging purpose derivative nancial assets – current:
Foreign currency forward contracts 1,275,157 88,372 3,034
Hedging purpose derivative nancial liabilities – current
Foreign currency forward contracts (196,714) (759,866) (26,085)