Asus 2009 Annual Report Download - page 168

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164
ASUSTeK COMPUTER INC. AND SUBSIDIARIES
Notes to Financial Statements
(Continued)
The Group had expected the risk of changes in the foreign currency cash flow from forecasted
transactions due to changes in market rate for the year ended December 31, 2009. As the risk was
evaluated to be significant, and the Group had entered into forward foreign currency exchange
contracts for hedging purpose.
A. As of December 31, 2009, the fair value of the derivative financial assets for cash flow hedging
was as follows:
Hedged item Hedging instrument
Fair value of desi
g
nated
instrument for hedging
Period for which the
hedge is designated
Expected period for
related gains or losses
to be recognized
Forecasted
transactions
Forward foreign currency
exchange contracts
$ 306,361 2009.10~2010.03 2009.10~2010.03
B. As of December 31, 2009, the unexpired financial instrument contracts were as follows (foreign
currencies are expressed in thousands):
2009/12/31
Nominal
Amount
Contract
Period
Derivative financial assets for hedging:
GBP forward foreign currency exchange contracts sold
(GBP/USD) GBP 4,300 2009.11~2010.03
EUR forward foreign currency exchange contracts sold
(EUR/USD) EUR 150,000 2009.10~2010.03
SEK forward foreign currency exchange contracts sold
(SEK/USD) SEK 24,100 2009.11~2010.03
CHF forward foreign currency exchange contracts sold
(CHF/USD) CHF 5,200 2009.11~2010.03
NOK forward foreign currency exchange contracts sold
(NOK/USD) NOK 8,100 2009.11~2010.03
DKK forward foreign currency exchange contracts sold
(DKK/USD) DKK 3,600 2009.11~2010.02
AUD forward foreign currency exchange contracts sold
(AUD/USD) AUD 2,000 2009.11~2010.02
JPY forward foreign currency exchange contracts sold
(JPY/USD) JPY 1,445,000 2009.10~2010.03