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247
Financial
Statements
& Others
Gamuda Berhad (29579-T)
Annual Report 2013
44. Financial risk management objectives and policies (cont’d.)
e. Foreign currency risk (cont’d.)
Included in the following statements of financial position captions of the Group and of the Company as at the
reporting date are balances denominated in the following major foreign currencies:
New
United
Vietnam Indian Taiwan States
Qatari
Bahraini
Group
Dong Rupee Dollar
Dollar
Riyal
Dinar
Total
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
At 31 July 2013:
Cash, deposits and
bank balances
31,796 4,344
682
2 10,078
135 47,037
Receivables
9,838 40,105
87
595 93,153 54,237 198,015
Payables
333,053 2,041 6,587
707 77,807 15,132 435,327
Borrowings
274,026
-
-
863,779
-
- 1,137,805
At 31 July 2012:
Cash, deposits and
bank balances
67,726 4,976
790
3 10,631
714 84,840
Receivables
648,308 43,069 4,198 43,541 184,927 27,540 951,583
Payables
356,884 2,328
881
22 135,721 6,102 501,938
Borrowings
228,933
-
-
709,742
-
-
938,675
Company
At 31 July 2013:
Cash, deposits and
bank balances
-
-
484
-
198
135
817
Receivables
-
-
87
-
9 54,237 54,333
Payables
-
-
6,389
-
814 15,132 22,335
Borrowings
-
-
-
863,799
-
-
863,799
At 31 July 2012:
Cash, deposits and
bank balances
-
-
598
-
3,890
714 5,202
Receivables
-
-
85
-
24 27,540 27,649
Payables
-
-
81
-
647 6,102 6,830
Borrowings
-
-
-
709,742
-
-
709,742
The Group is also exposed to currency translation risk arising from its net investments in foreign operations,
including India, Qatar, Bahrain and Vietnam. The Group maintains a natural hedge, whenever possible, by
borrowing in the currency of the country in which the business is located.
Notes to the Financial Statements
31 July 2013