Singapore Airlines 2013 Annual Report Download - page 184

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182
SINGAPORE AIRLINES
NOTES TO THE FINANCIAL STATEMENTS
38 Financial Risk Management Objectives and Policies (in $ million) (continued)
(c) Interest rate risk (continued)
Interest rate sensitivity analysis (continued)
Under these assumptions, an increase or decrease in market interest rates of one basis point for all currencies in which
the Group has derivative financial instruments and variable rate assets and liabilities at 31 March 2013 will have the
effects as set out in the table below.
Sensitivity analysis:
The Group
31 March
2013 2012
Effect on Effect on
Effect on profit before Effect on profit before
equity R1 taxation R2 equity R1 taxation R2
Increase in one basis point in market interest rates 0.1 0.5 0.1 0.5
Decrease in one basis point in market interest rates (0.1) (0.5) (0.1) (0.5)
The Company
31 March
2013 2012
Effect on Effect on
Effect on profit before Effect on profit before
equity R1 taxation R2 equity R1 taxation R2
Increase in one basis point in market interest rates 0.1 0.4 0.1 0.3
Decrease in one basis point in market interest rates (0.1) (0.4) (0.1) (0.3)
R1 Sensitivity analysis on derivative financial instruments.
R2 Sensitivity analysis on variable rate assets and liabilities.
31 March 2013