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 Company’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

$’000

S$’000

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

880

- - -

-

22

902

- *

2,824

- - - -

2,824

- - -

*

33 90

24,892

24,925

Other current assets

-

90

1,003

24,892

2,824

22

28,741

Financial liabilities Trade and other payables

(492)

- - -

- - -

- - -

(492)

Borrowings

(5,094) (5,586)

(5,094) (5,586)

Net financial (liabilities)/ assets

(4,583)

24,892

2,824

22

23,155

Net financial liabilities denominated in the Company’s functional currency Currency exposure of financial assets net of those denominated in the Company’s functional currency

4,583

-

-

-

4,583

-

24,892

2,824

22

27,738

* Less than S$1,000

ANNUAL REPORT 2021

107