NOTES TO THE FINANCIAL STATEMENTS Year ended 31 December 2024 41 FINANCIAL INSTRUMENTS (CONT’D) (iii) Market risk (cont’d) Foreign currency risk (cont’d) United States Dollar Hong Kong Dollar $’000 $’000 Company 31 December 2024 Trade and other receivables* – – Cash and cash equivalents 2 14 Amounts owing by subsidiaries (net) 585,236 2,715 Interest-bearing borrowings (137,729) (21,185) Trade and other payables** (288) (198) Net statement of financial position exposure 447,221 (18,654) Forward exchange contracts – – Cross-currency swaps (38,591) – Net exposure 408,630 (18,654) 31 December 2023 Trade and other receivables* – – Cash and cash equivalents 2 14 Amounts owing by subsidiaries (net) 545,304 3,427 Interest-bearing borrowings (102,076) (19,813) Trade and other payables** (1,226) (33) Net statement of financial position exposure 442,004 (16,405) Forward exchange contracts – – Cross-currency swaps (37,591) – Net exposure 404,413 (16,405) * Excluding prepayments ** Excluding deferred income FINANCIALS CITY DEVELOPMENTS LIMITED 188
RkJQdWJsaXNoZXIy ODIwNTc=