125
࠰
ಥ
܊ג
ึ
2014
ϋϋజ
Notes to the Financial Statements
ৌਕజ
ڝڌ
ൗ
F I NANC I A L S T A T EMENT S
財務報表
5 Financial risk management objectives and policies
(continued)
(c) Market risk
(continued)
(i) Foreign exchange risk
(continued)
5
財務風險管理目標及政策
（續）
(c)
市場風險
（續）
(i)
外幣對換風險
（續）
2014
2013
Currency
strengthened/
weakened by
升值或貶值
Effect on surplus
for the year
對本年盈餘
的影響
Currency
strengthened/
weakened by
升值或貶值
Effect on surplus
for the year
對本年盈餘
的影響
(in HK$ Million)
(
港幣百萬元
)
(in HK$ Million)
(
港幣百萬元
)
Renminbi
人民幣
1%
38.4
1%
42.3
Euro
歐羅
1%
13.9
1%
11.4
Japanese Yen
日元
1%
3.7
1%
5.9
Pound Sterling
英磅
1%
5.9
1%
3.3
Other currencies
其他貨幣
1%
11.3
1%
9.2
(ii) Price risk
The Housing Society is exposed to price risk arising from equity
and debt securities. This risk is controlled and monitored by
asset allocation limit.
At the end of the reporting period, it is estimated that an
increase/decrease of 1% (2013: 1%) in the market prices of
the equity and debt securities, with all other variables held
constant, would have increased/decreased the Housing
Society’s surplus by approximately HK$151.1 million (2013:
HK$145.5 million).
The sensitivity analysis above assumes that the changes in the
market prices of the equity and debt securities or other relevant
risk variables had occurred at the end of reporting period and
had been applied to re-measure those equity and debt
securities held by the Housing Society which expose the
Housing Society to price risk at the end of reporting period.
(ii)
價格風險
房屋協會面對價格風險是由股
本和債務證券，此風險是由資
產分配限額來監控的。
於報告期末，預料股本和債
務證券所連繫之投資市場價
格百分之一之上升 ／下跌（二
零一三年：百分之一）所有
其 他 變 數 保 持 不 變）， 估 計
房屋協會的盈餘會增加或減
少約港幣一億五千一百一十
萬 元（二 零 一 三 年： 約 港 幣
一億四千五百五十萬元）。
上述敏感度分析乃假設股本和
債務證券之投資市場價格或其
他相關風險變數於報告期末已
出現變動，並已應用於重新計
量房屋協會於報告期末所持有
並使房屋協會面對股票價格風
險之股本和債務證券。
