HKSI Institute AR2019
111 香港證券及投資學會 二零一九年年報 17 Financial risk management and fair values (Continued) (c) Interest rate risk The Group’s and the Institute’s interest-bearing assets mainly comprise cash at bank, which matures, or reprices in the short term and time deposits with banks. As a result, the Group and the Institute are subject to limited exposure to fluctuations in the prevailing level of market interest rates. At 31 March 2019, it is estimated that a general increase of 100 basis points in interest rates, with all other variables held constant, would increase the Group and the Institute’s surplus and general fund by approximately HK$527,388 and HK$519,180 respectively (2018:HK$475,050 and HK$470,794) so far as the effect on interest-bearing financial assets is concerned. (d) Currency risk The Group and the Institute are exposed to currency risks primarily arising from transactions that are denominated in Renminbi (“RMB”). In respect of transactions denominated in RMB, the Group monitors its exposure on a regular basis. (i) Exposure to currency risk The following table details the Group’s exposure at the reporting date to currency risk arising from recognised assets or liabilities denominated in a currency other than the Institute’s functional currency. 2019 2018 Hong Kong dollar equivalent: 等值港幣: Cash and cash equivalents in Renminbi 人民幣現金及現金 等價物 $ 809,560 $ 415,106 Net exposure in Renminbi 人民幣風險淨額 $ 809,560 $ 415,106 17 金融風險管理和公允價值 (續) (c) 利率風險 本集團及本會的計息資產主要包 括於短期內到期或再定息率的銀 行存款、及銀行定期存款。因 此,本集團及本會因通行市場利 率波動而承受的風險有限。 於二零一九年三月三十一日,估 計當利率普遍上升 100 個基點,加 上所有其他變數保持不變,就計 息資產的影響而言,本集團及本 會盈餘和普通基金應將因此增加 約港幣 527,388 元和港幣 519,180 元(二零一七年:港幣 475,050 元 和港幣 470,794 元)。 (d) 貨幣風險 本集團及本會所承受的貨幣風險 主要源於以人民幣計價的交易。 關於以人民幣計價的交易,本集 團定期監察其承受的貨幣風險。 (i) 貨幣風險額度 下表詳述本集團於報告日以 本會的功能貨幣以外的貨幣 計值的已確認資產或負債所 產生的貨幣風險額度。
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