E-Z-GO 2015 Annual Report Download - page 42

Download and view the complete annual report

Please find page 42 of the 2015 E-Z-GO annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 88

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88


Interest Rate Risks
2XUILQDQFLDOUHVXOWVDUHDIIHFWHGE\FKDQJHVLQLQWHUHVWUDWHV$VSDUWRIPDQDJLQJWKLVULVNZHVHHNWRDFKLHYHDSUXGHQWEDODQFH
EHWZHHQIORDWLQJDQGIL[HGUDWHH[SRVXUHV:HFRQWLQXDOO\PRQLWRURXUPL[RIWKHVHH[SRVXUHVDQGDGMXVWWKHPL[DVQHFHVVDU\
)RURXU)LQDQFHJURXSZHOLPLWRXUULVNWRFKDQJHVLQLQWHUHVWUDWHVZLWKDVWUDWHJ\RIPDWFKLQJIORDWLQJUDWHDVVHWVZLWKIORDWLQJ
UDWHOLDELOLWLHV
Quantitative Risk Measures
,QWKHQRUPDOFRXUVHRIEXVLQHVVZHHQWHULQWRILQDQFLDOLQVWUXPHQWVIRUSXUSRVHVRWKHUWKDQWUDGLQJ7KHILQDQFLDOLQVWUXPHQWV
WKDWDUHVXEMHFWWRPDUNHWULVNLQFOXGHILQDQFHUHFHLYDEOHVH[FOXGLQJOHDVHVGHEWH[FOXGLQJFDSLWDOOHDVHREOLJDWLRQVDQGIRUHLJQ
FXUUHQF\H[FKDQJHFRQWUDFWV7RTXDQWLI\WKHPDUNHWULVNLQKHUHQWLQWKHVHILQDQFLDOLQVWUXPHQWVZHXWLOL]HDVHQVLWLYLW\DQDO\VLV
WKDWLQFOXGHV D K\SRWKHWLFDOFKDQJH LQ IDLUYDOXH DVVXPLQJ D GHFUHDVH LQLQWHUHVW UDWHV DQGD VWUHQJWKHQLQJ LQ IRUHLJQ
H[FKDQJHUDWHVDJDLQVWWKH86GROODU7KHIDLUYDOXHRIWKHVH ILQDQFLDO LQVWUXPHQWV LV HVWLPDWHG XVLQJ GLVFRXQWHG FDVK IORZ
DQDO\VLVDQGLQGLFDWLYHPDUNHWSULFLQJDVUHSRUWHGE\OHDGLQJILQDQFLDOQHZVDQGGDWDSURYLGHUV
$W WKH HQG RI HDFK \HDU WKH WDEOH EHORZ SURYLGHV WKH FDUU\LQJ DQG IDLU YDOXHV RI WKHVH ILQDQFLDO LQVWUXPHQWV DORQJ ZLWK WKH
VHQVLWLYLW\ RI IDLU YDOXH WR WKH K\SRWKHWLFDO FKDQJHV GLVFXVVHG DERYH  7KLV VHQVLWLYLW\ DQDO\VLV LV PRVW OLNHO\ QRW LQGLFDWLYH RI
DFWXDOUHVXOWVLQWKHIXWXUH
2015 2014
In millions
Carrying
Value*
Fair
Value*
Sensitivity of
Fair Value
to a 10%
Chan
g
e
Carrying
Value*
Fair
Value*
Sensitivity of
Fair Value
to a 10%
Chan
e
Manufacturing group
F
oreign exchange rate risk
'HEW            
)RUHLJQFXUUHQF\H[FKDQJHFRQWUDFWV      
           
I
nterest rate risk
'HEW            
Finance group
I
nterest rate risk
)LQDQFHUHFHLYDEOHV            
'HEWLQFOXGLQJLQWHUJURXS      
* The value represents an asset or (liability).
7(;7521$118$/5(3257