Asus 2015 Annual Report Download - page 176

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(B)Monetary assets and liabilities denominated in foreign currencies are re-translated at the
exchange rates prevailing at the end of the financial reporting period. Exchange differences
arising upon re-translation are recognized in profit or loss.
(C)Non-monetary assets and liabilities denominated in foreign currencies at fair value through
profit or loss are re-translated at the exchange rates prevailing at the end of the financial
reporting period. The translation differences are recognized in profit or loss as part of the fair
value gain or loss. Non-monetary assets and liabilities at fair value through other
comprehensive income are re-translated at the exchange rates prevailing at the end of the
financial reporting period. The translation differences are recognized in other comprehensive
income. However, non-monetary assets and liabilities denominated in foreign currencies that
are not measured at fair value are translated using the historical exchange rates at the dates of
the initial transactions.
(D)All other foreign exchange gains and losses based on the nature of those transactions are
presented in the statement of comprehensive income within “other gains (losses)”.
B. Translation of foreign operations
(A)The operating results and financial position of all the group entities and associates that have
a functional currency different from the presentation currency are translated into the
presentation currency as follows:
a.Assets and liabilities for each balance sheets presented are translated at the closing
exchange rate at the end of the financial reporting period;
b.Income and expenses for each statement of comprehensive income are translated at
average exchange rates of that period; and
c. All resulting exchange differences are recognized in other comprehensive income.
(B)When the foreign operation partially disposed of or sold is an associate, exchange
differences that were recorded in other comprehensive income are proportionately
reclassified to profit or loss as part of the gain or loss on sale. In addition, if the Group still
retains partial interests in the former foreign associate after losing significant influence over
the former foreign associate, such transactions should be accounted for as disposal of all
interest in these foreign operations.
(C)When the foreign operation partially disposed of or sold is a subsidiary, cumulative exchange
differences that were recorded in other comprehensive income are proportionately
transferred to the non-controlling interest in this foreign operation. In addition, if the Group
still retains partial interests in the former foreign subsidiary after losing control of the former
foreign subsidiary, such transactions should be accounted for as disposal of all interest in
these foreign operations.