HKSI Institute AR2020

109 香港證券及投資學會 二零二零年年報 18 金融風險管理和公允價值 （續） (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。 (ii) 敏感度分析 下表列示本集團本年度的盈 餘及普通基金因應本集團所 承受重大風險的匯率於報告 日有相當可能轉變而出現的 概約變化。權益的其他組成 部分不會受到匯率轉變的影 響。 以上敏感度分析是假設匯率 於報告期末有所改變，並把 匯率變動應用於本會在該日 已存在的金融工具所面對的 外幣風險，當中已假設所有 其他變量（特別是利率）保持 不變。所述變化代表管理層 對於有關期間直至下一報告 期末匯率有相當可能轉變的 評估。該分析是按二零一九 年的同一基準進行。 18 Financial risk management and fair values (continued) (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. 2020 2019 Hong Kong dollar equivalent: 等值港幣： Cash and cash equivalents in Renminbi 人民幣現金和現金等價物 $ 1,305,793 $ 809,560 Net exposure in Renminbi 人民幣風險淨額 $ 1,305,793 $ 809,560 (ii) Sensitivity analysis The following table indicates the approximate change in the Group’s surplus for the year and general fund in response to reasonably possible changes in the foreign exchange rates to which the Group has significant exposure at the reporting date. Other components of equity would not be affected by changes in the foreign exchange rates. 2020 2019 Appreciation/ (depreciation) in foreign currency Effect on surplus for the year and general fund Appreciation/ (depreciation) in foreign currency Effect on surplus for the year and general fund 外幣升值╱ （貶值） 對本年度 盈餘和普通 基金的影響 外幣升值╱ （貶值） 對本年度 盈餘和普通 基金的影響 Renminbi 人民幣 10% $ 130,579 10% $ 80,956 The sensitivity analysis above has been determined assuming that the change in foreign exchange rates had occurred at the end of the reporting period and had been applied to the Institute’s exposure to currency risk for financial instruments in existence at that date, and that all other variables, in particular interest rates, remain constant. The stated changes represent management’s assessment of reasonably possible changes in foreign exchange rates over the period until the end of next reporting period. The analysis is performed on the same basis for 2019.