SINGAPORE WINDSOR HOLDINGS LIMITED
| Annual Report 2015
82
Year ended 31 March 2015
NOTES TO THE
FINANCIAL STATEMENTS
27. Financial instruments: information on financial risks (cont’d)
27G. Foreign currency risk (cont’d)
The above table shows sensitivity to a hypothetical 10% variation in the functional currency against the relevant
foreign currencies. The sensitivity rate used is the reasonably possible change in foreign exchange rates. For similar
rate weakening of the functional currency against the relevant foreign currencies above, there would be comparable
impacts in the opposite direction.
The analysis above has been carried out on the basis that there are no hedged transactions.
In management’s opinion, the above sensitivity analysis is unrepresentative of the foreign currency risks as the
historical exposure does not reflect the exposure in future.
27H. Equity price risk
The fair value of the unquoted investments as available-for-sale financial assets is deemed to be not reliably
measurable as the probabilities of the various estimates within the range cannot be reasonably assessed as used in
estimating fair values. Consequently the investment is carried at cost less allowance for impairment, if any (Note 16).
Sensitivity analysis: The effect on post tax profit is not significant.
28. Capital commitments
Group
2015
2014
HK$’000
HK$’000
Share capital commitment for Kun Shan Lun Hsing Electronics Technologies
Limited
7,213
8,970
29. Operating lease payments commitments – as lessee
At the end of the reporting year the total of future minimum lease payment commitments under non-cancellable
operating leases are as follows:
Group
2015
2014
HK$’000
HK$’000
Not later than one year
1,030
6,884
Later than one year and not later than five years
429
5,857
Rental expense for the year
457
6,014
Operating lease payments mainly represent rental payable by the group for certain of its office and leased
properties. The lease rental terms are negotiated for terms for 2 years (2014: 1 to 30 years) at fixed rentals.
