Cathay Pacific 2014 Annual Report Download - page 89

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ANNUAL REPORT 2014
87Notes to the Financial Statements Supplementary Information
31. Financial risk management (continued)
At the reporting date, the exposure to foreign currency risk was as follows:
2014
USD
HK$M
EUR
HK$M
TWD
HK$M
SGD
HK$M
RMB
HK$M
JPY
HK$M
Group
Loans due from associates 130 – – – 1,226 –
Trade debtors, other receivables and prepayments 6,609 422 208 51 721 244
Liquid funds 13,157 77 6 95 2,230 114
Long-term loans (13,798) – – (1,466) – (2,137)
Obligations under finance leases (24,933) (2,337) – – – (3,109)
Trade creditors and other payables (19,899) (290) (90) (93) (580) (199)
Currency derivatives at notional value 27,376 (5,940) (2,361) (678) (6,344) (943)
Net exposure (11,358) (8,068) (2,237) (2,091) (2,747) (6,030)
2013
USD
HK$M
EUR
HK$M
TWD
HK$M
SGD
HK$M
RMB
HK$M
JPY
HK$M
Group
Loans due from associates 94 – – – – –
Trade debtors, other receivables and prepayments 7,554 455 192 42 563 226
Liquid funds 14,894 53 5 76 6,188 94
Long-term loans (10,535) – – (1,532) – (1,454)
Obligations under finance leases (28,786) (2,610) – – – (3,760)
Trade creditors and other payables (6,379) (346) (99) (74) (640) (212)
Currency derivatives at notional value 22,340 (924) (2,187) (576) (2,698) (6,043)
Net exposure (818) (3,372) (2,089) (2,064) 3,413 (11,149)
2014
USD
HK$M
EUR
HK$M
TWD
HK$M
SGD
HK$M
RMB
HK$M
JPY
HK$M
Company
Loans due from subsidiaries 3,717 – – – – –
Loans due from associates 130 – – – – –
Trade debtors, other receivables and prepayments 5,947 422 189 51 516 241
Liquid funds 5,212 71 3 94 935 108
Long-term loans (2,071) – – (1,466) – –
Obligations under finance leases (33,579) (2,424) – – – (5,247)
Trade creditors and other payables (19,502) (270) (54) (89) (157) (169)
Currency derivatives at notional value 22,269 (5,940) (2,361) (678) (1,208) (943)
Net exposure (17,877) (8,141) (2,223) (2,088) 86 (6,010)