Asia-Pacific Strategic Investments Limited - Annual Report 2021

Notes to the Financial Statements For the financial year ended 30 June 2021

28

Financial risk management (continued)

(a)

Market risk (continued)

Currency risk (continued)

(i)

The Group’s currency exposure based on the information provided to key management is as follows:

SGD

RMB

RM Others

Total

S$’000

S$’000

S$’000

S$’000

S$’000

2021 Financial assets Cash and cash equivalents Financial assets, at FVPL Financial assets, at FVOCI Trade and other receivables

905

610

-

22

1,537 2,824

- *

- -

2,824

- - - - -

- - - -

*

1

12,995

12,996

Other current assets Intra-group receivables

90 33

*

90

24,892 38,497

24,925 42,372

1,029

2,824

22

Financial liabilities Trade and other payables

(493)

(4,999) (6,295) (24,892) (36,186)

- - - -

- - - -

(5,492) (11,389) (24,925) (41,806)

Borrowings

(5,094)

Intra-group payables

(33)

(5,620)

Net financial (liabilities)/ assets

(4,591)

2,311

2,824

22

566

Net financial (liabilities)/ assets denominated in the respective entities’ functional currencies Currency exposure of financial assets net of those denominated in the respective entities’ functional currencies

4,591

(2,311)

-

-

2,280

-

-

2,824

22

2,846

* Less than S$1,000

ANNUAL REPORT 2021

105