Annual Report 2007

Annual Report 2007 年報 117 24. Financial Instruments (Continued) b. Financial risk management objectives and policies (Continued) Foreign currency risks (Continued) Interest rate sensitivity analysis The sensitivity analysis below has been determined based on the exposure to floating interest rates at the balance sheet date. A 50 basis point increase or decrease is used to present the reasonably possible change in interest rates at the year end. If interest rates had been 50 basis points higher/lower and all other variables were held constant, the Group’s profit for the year ended 31 December 2007 would increase/decrease approximately by RMB2,727,000 (2006: RMB804,000). Foreign currency risk The Group undertakes certain foreign currency sales and purchases, which expose the Group to foreign currency risk. Certain of Group’s bank and cash balances, trade and other receivables and trade and other payables expose to such foreign currency risk. The Group currently does not use any derivative contracts to hedge against its exposure to currency risk. The Group manages its foreign currency risk by closely monitoring the movement of the foreign currency rate. The carrying amounts of the Group’s foreign currency denominated monetary assets and monetary liabilities at the reporting date are as follows: Assets Liabilities 資產 負債 2007 2006 2007 2006 二零零七年 二零零六年 二零零七年 二零零六年 RMB’000 RMB’000 RMB’000 RMB’000 人民幣千元 人民幣千元 人民幣千元 人民幣千元 United States Dollar 美元 310,909 84,389 71,706 38,677 Japanese Yen 日圓 6,348 7,315 2,205 3,094 24. 金融工具（續） b. 財 務 風 險 管 理 目 標 及 政策（續） 外幣風險（續） 利率敏感度分析 以下的敏感度分析乃按照結算日的浮息 釐定。年底利率的合理可能變化為增減 50 個基點。 倘利率增╱減 50 個基點，而所有其他可 變因素維持不變，則本集團截至二零零 七年十二月三十一日止年度的溢利應會 增加╱減少約人民幣 2,727,000 元（二零零 六年：人民幣 804,000 元）。 外幣風險 本集團進行若干外匯買賣，因而面對外 幣風險。本集團若干銀行及現金結餘、 貿易及其他應收款項以及貿易及其他應 付款項均面對有關外幣風險。本集團目 前並無運用任何衍生合約對沖外幣風 險，但會密切監控匯率改變以管理外匯 風險。 以下為本集團於呈報日期以外幣計值貨 幣資產及貨幣負債的賬面值：