Haier 2010 Annual Report Download - page 192

31 December 2010
二零一零年十二月三十一日
NOTES TO FINANCIAL STATEMENTS
財務報表附註
Annual Report 2010 二零一零年年報
HAIER ELECTRONICS GROUP CO., LTD 海爾電器集團有限公司
190
41. FINANCIAL RISK MANAGEMENT OBJECTIVES
AND POLICIES
The Group’s principal financial instruments comprise interest-
bearing borrowings and cash and short term deposits. The main
purpose of these financial instruments is to raise finance for the
Group’s operations. The Group has various other financial assets
and liabilities such as trade and bills receivables and trade and bill
payables, which arise directly from its operations.
It is, and has been throughout the year under review, the
Group’s policy that no trading in financial instruments shall be
undertaken.
The main risks arising from the Group’s financial instruments are
foreign currency risk, credit risk and liquidity risk. The board reviews
and agrees policies for managing each of these risks and they are
summarised below.
Foreign currency risk
The Group has transactional currency exposures. Such exposures
mainly arise from sales or purchases by the Group’s 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 Group’s equity.
41. 財務風險管理目標及政策
本集團之主要財務工具包括計息借貸及現金與
短期存款。該等財務工具之主要目的是為本集
團營運集資。本集團有多種其他財務資產及負
債，如直接來自業務之應收貿易賬款及票據以
及應付貿易賬款及票據。
於整個回顧年度，本集團之政策為不進行任何
財務工具買賣。
來自本集團財務工具之主要風險為外幣風險、
信貸風險及流動資金風險。董事會檢討及協定
各類風險之管理政策概述如下。
外幣風險
本集團涉及交易貨幣風險。該等風險主要來自
本集團在中國大陸之營運單位以單位功能貨幣
（即人民幣）以外貨幣進行銷售或購買。本集團
並無進行任何對沖交易以降低本集團之外幣風
險。
下表列示於報告期末，在所有其他變數不變之
情況下，對本集團除稅前溢利之歐羅、美元、
日圓及英鎊匯率之合理可能變動之敏感度（由於
貨幣資產及負債之公平值改變）。匯率變動對本
集團其他權益部分並無重大影響。