Singapore Airlines 2010 Annual Report Download - page 187

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ANNUAL REPORT 2009/10
185
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 borrowings and derivative financial instruments at 31 March 2010 will have the
following effects:
The Group
31 March
2010 2009
Effect on Effect on
Effect on profit before Effect on profit before
equity taxation equity taxation
Increase in one basis point in market interest rates 0.4 0.5 * 0.4
Decrease in one basis point in market interest rates (0.4) (0.5) * (0.4)
* Amount less than $0.1 million.
The Company
31 March
2010 2009
Effect on Effect on
Effect on profit before Effect on profit before
equity taxation equity taxation
Increase in one basis point in market interest rates 0.4 0.3 * 0.2
Decrease in one basis point in market interest rates (0.4) (0.3) * (0.2)
* Amount less than $0.1 million.