Cathay Pacific 2015 Annual Report Download - page 91

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Annual Report 2015
89
29. Financial risk management (continued)
At the reporting date, the exposure to foreign currency risk was as follows:
2015
USD
HK$M
EUR
HK$M
AUD
HK$M
SGD
HK$M
RMB
HK$M
JPY
HK$M
Group
Loans due from associates 297 – – – 1,170 –
Trade debtors, other receivables and
 prepayments 5,423 839 179 33 1,106 193
Liquid funds 15,880 128 97 464 767 100
Long-term loans (19,773) – – (1,370) – (1,894)
Obligations under finance leases (21,722) (1,953) – – – (2,899)
Trade creditors and other payables (26,052) (254) (139) (72) (624) (238)
Currency derivatives at notional value 20,854 (65) (2,630) (274) (8,579) (872)
Net exposure (25,093) (1,305) (2,493) (1,219) (6,160) (5,610)
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)
In addition to the current exposure shown above, the Group is exposed to a currency risk on its future net
operatingcashflowinforeigncurrenciesprimarilyUnitedStatesdollars,Euros,Australiandollars,Singapore
dollars, Renminbi and Japanese yen.
Notes to the Financial Statements Supplementary Information