Asus 2015 Annual Report Download - page 193

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investments are not traded in active market, and no sufficient industry, financial information
and investment portfolio of the private fund can be obtained, the fair value of the investments
cannot be measured reliably. Thus, the Group classified those funds as “financial assets
measured at cost”.
B. The Group has no financial assets measured at cost pledged to others.
(5) Hedge accounting
Cash flow hedges:
A. The hedged highly probable forecast transactions denominated in foreign currency are expected
to occur during the next 12 months. Amounts accumulated in “other comprehensive income” as
of December 31, 2015 are recycled into profit or loss in the periods when the hedged asset
acquired or the hedged liability assumed affects profit or loss. The Group has assessed that the
effect of profit or loss arising from ineffective cash flow hedge is insignificant as the Group
was effective mostly in executing the hedge transactions for the years ended December 31,
2015 and 2014.
B. Information on gain or loss arising from cash flow hedges recognized in profit or loss and other
comprehensive income:
2015/12/31 2014/12/31
Assets (Liabilities) Assets (Liabilities)
Current items:
Forward exchange contracts - cash flow hedges 959,212$ 367,758$
Forward exchange contracts - cash flow hedges 71,927)( 1,936)(
887,285$ 365,822$
Fair value of
Derivative derivative
instruments instruments Period of Period of gain (loss)
designated as designated as anticipated expected to be
Hedged item
hedges hedges cash flow recognized
2015/12/31 Expected transactions
Forward exchange
contracts
887,285$
2016/01-2016/06 2016/01-2016/06
2014/12/31 Expected transactions
Forward exchange
contracts
365,822
2015/01-2015/03 2015/01-2015/03
2015 2014
Amount adjusted in other 521,463$ 600,819$
comprehensive income
Amount transferred from other 2,586,423 2,073,629
comprehensive income to
profit or loss
For the years ended December 31,