99
TEHO INTERNATIONAL INC LTD.
Annual Report 2016
NOTES
TO THE FINANCIAL STATEMENTS
Year ended 30 June 2016
29 FINANCIAL INSTRUMENTS: INFORMATIONON FINANCIAL RISKS (CONT’D)
The Company’s exposure to foreign currency risk is not significant.
Sensitivity analysis
A reasonably possible strengthening/(weakening) of the Singapore dollar, as indicated
below, against the USD and EUR at the reporting datewould have increased (decreased)
loss before tax and other comprehensive income by the amounts shown below.
The analysis assumes that all other variables, in particular interest rates, remain
constant and ignores any impact of forecasted sales and purchases.
Group
Loss
before tax
$
30 June 2016
USD (10% strengthening)
201,922
USD (10% weakening)
(201,922)
EUR (10% strengthening)
196,028
EUR (10% weakening)
(196,028)
30 June 2015
USD (10% strengthening)
223,309
USD (10% weakening)
(223,309)
EUR (10% strengthening)
182,910
EUR (10% weakening)
(182,910)
29 FINANCIAL INSTRUMENTS: INFORMATIONON FINANCIAL RISKS (CONT’D)
Classification of financial assets and liabilities and fair values
The carrying amounts and fair values of financial assets and financial liabilities,
including their levels in the fair value hierarchy are as follows. It does not include fair
value information for financial assets and financial liabilities not measured at fair value
if the carrying amount is a reasonable approximation of fair value.
Other financial
liabilities
Loans and Designated amortised
receivables at fair value at cost
Total
Level 2
$
$
$
$
$
Group
30 June 2016
Financial assets
not measured
at fair value
Cash and cash
equivalents
7,795,289
–
– 7,795,289
Trade and other
receivables*
15,216,230
–
– 15,216,230
23,011,519
–
– 23,011,519
* Excludes prepayments
