Wellcom_FY11-Financial-Report

6212 13044 12772 30400 average rate 2010 05588 12559

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Unformatted text preview: nificant exchange rates applied during the year: $1 AUD : 1 GBP NZD SGD MYR 2011 0.6212 1.3044 1.2772 3.0400 Average rate 2010 0.5588 1.2559 1.2409 - Reporting date spot rate 2010 2011 0.5682 0.6614 1.2296 1.3004 1.1972 1.3092 3.2814 Sensitivity analysis A 10 percent strengthening of the Australian dollar against the following currencies at 30 June would have increased (decreased) equity and profit or loss by the amounts shown below. This analysis assumes that all other variables, in particular interest rates, remain constant. The analysis is performed on the same basis for 2010. Equity $’000 Profit or loss $’000 30 June 2011 GBP NZD SGD MYR 52 4 9 3 6 - 30 June 2010 GBP NZD SGD 93 8 4 2 - A 10 percent weakening of the Australian dollar against the above currencies at 30 June 2011 would have had the equal but opposite effect on the above currencies to the amounts shown above, on the basis that all other variables remain constant. 63 Wellcom Group Limited Notes to the Consolidated Financial Statements 24. Financial risk management and instruments (continued) Interest rate risk For personal use only The Group’s exposure to the risk of changes in market interest rates relates prima...
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