Asus 2011 Annual Report Download - page 168

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164
~36~
(5) Derivative financial assets and liabilities for hedging
A. The Group expected risk of changes in the foreign currency cash flow from expected
transactions due to changes in market rate for the years ended December 31, 2011 and 2010.
The risk was evaluated to be significant, and the Group entered into forward exchange
contracts for hedging.
B. As of December 31, 2011, the fair value of the derivative financial instruments for cash flow
hedging is as follows:
C. As of December 31, 2010, the fair value of the derivative financial instruments for cash flow
hedging is as follows:
Items 2011/12/31 2010/12/31
Financial assets for hedging - current:
Forward exchange contracts 1,354,470$ 386,387$
Financial liabilities for hedging - current:
Forward exchange contracts -$ 185,732$
Period of
gain (loss)
Financial instrument
Period of
recognized
was designated for
anticipated
in income
hedging instrument cash flow statement
Expected
transactions
Forward exchange
contracts
$ 1,354,470 2011.10~2012.6 2011.10~2012.6
Hedged item Fair value
Period of
gain (loss)
Financial instrument
Period of
recognized
was designated for
anticipated
in income
hedging instrument cash flow statement
Expected
transactions
Forward exchange
contracts
$ 200,655 2010.8~2011.4 2010.8~2011.4
Hedged item Fair value