Haier 2009 Annual Report Download - page 154

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31 December 2009

NOTES TO FINANCIAL STATEMENTS 財務報表附註
HAIER ELECTRONICS GROUP CO., LTD ANNUAL REPORT 2009
152
36. Financial Risk Management Objectives and
Policies (Cont’d)
Interest rate risk (Cont’d)
36. 



Increase/(decrease) Increase/(decrease)
in basis points in profit before tax

 
RMB’000

2009 年
RMB  (50 ) 370
RMB  50 (370 )
2008 
RMB  (50 ) 715
RMB  50 (715 )
Foreign currency risk
The Group has transactional currency exposures. Such exposures
mainly arise from sales or purchases by the Groups operating units
in Mainland China in currencies other than the units functional
currency (i.e., RMB). The Group does not enter into any hedging
transactions in an effort to reduce the Group’s exposure to foreign
currency risk.
The following table demonstrates the sensitivity at the end of the
reporting period to a reasonably possible change in the exchange
rates of Euro, United States Dollar, Japanese Yen and Great Britain
Pound, with all other variables held constant, of the Group’s profit
before tax (due to changes in the fair value of monetary assets and
liabilities). There is no significant impact on other components of
the Groups equity.


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
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