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52
D-LINK CORPORATION AND SUBSIDIARIES
Notes to the consolidated financial statements
(Continued)
All other variables were held constant, 1.5% of appreciation (depreciation) of the USD
against other currencies as of December 31, 2014 and 2013 would have decreased or
increased the net profit after tax by $60,501 thousand and $51,342 thousand, respectively.
(4) Interest rate analysis
The interest rate risk exposure of financial assets and liabilities are disclosed in the note of
liquidity risk management.
The following sensitivity analysis is based on the risk exposure to interest rate on the derivative
and non-derivative financial instruments on the reporting date. Regarding the liabilities with
variables interest rates, the analysis is on the basis of the assumption that the amount of liabilities
outstanding at the reporting date was outstanding throughout the year. The rate of change is
expressed as the interest rate increases or decreases by 0.5% when reporting to management
internally, which also represents management of the Consolidated Company’s assessment on the
reasonably possible interval of interest rate change.
All other variables were held constant, the interest rate had increased or decreased by 0.5%, the
net profit would have increased or decreased by $51 thousand and $0 thousand for the years
ended December 31, 2014 and 2013, respectively.
(5) Fair value
(i) The non-derivative short-term financial assets and liabilities that include account
receivables (including account receivables from related parties), other financial assets –
current/non-current, short- and long-term loans and account payables (including account
payables to related parties) estimate its fair value from its carrying value. When the
financial assets are near to their maturity dates, the carrying value should be a reasonable
approximation of fair value.
(ii) Fair value and carrying value
Apart from the financial assets and liabilities as mentioned above, information of the fair
value of the remaining financial assets and liabilities are summarized as follows:
December 31, 2014 December 31, 2013
Carrying value
Fair
value
Carrying value
Fair
value
Financial assets:
Financial assets at fair value through
profit or loss 炼 current
$ 66,428 66,428 79,540 79,540
Available-for-sale financial assets 炼
non-current
451,329 451,329 533,870 533,870
Financial assets at cost 炼
non-current
141,472 Please refer to
(iv)B
168,402 Please refer to
(iv)B
Financial liabilities:
Financial assets at fair value through
profit or loss 炼 current
7,587 7,587 15,117 15,117
Bonds payable 114,237 Please refer to
(iv)C
112,302 Please refer to
(iv)C