Interim Report 2016

Sunny Optical Technology (Group) Company Limited INTERIM REPORT 2016 60 Notes to the Condensed Consolidated Financial Statements 簡明綜合財務報表附註 FOR THE SIX MONTHS ENDED 30 JUNE 2016 截至二零一六年六月三十日止六個月 16. 衍生金融資產及負債（續） 截至二零一六年六月三十日及二零一五年十二月三 十一日，本集團已訂立以下遠期外匯合約及外匯期 權合約： 遠期外匯合約 Selling currency Receiving currency Maturity date Weighted average forward exchange rate 賣出貨幣 收取貨幣 到期日 加權平均遠期匯率 Contract A USD15,000,000 RMB92,700,000 10 March 2016 USD:RMB at 1:6.18 合約 A 15,000,000 美元 人民幣 92,700,000 元 二零一六年三月十日 美元兌人民幣： 1:6.18 Contract B RMB92,100,000 USD15,000,000 10 March 2016 USD:RMB at 1:6.14 合約 B 人民幣 92,100,000 元 15,000,000 美元 二零一六年三月十日 美元兌人民幣： 1:6.14 合約 A 及合約 B 均已於截至二零一六年六月三 十日止期間到期。 外匯期權合約 本集團已與香港及中國的銀行訂立若干美元 兌人民幣的外幣期權合約，以管理本集團的 貨幣風險。 本集團須於各合約所指定的一系列估值日期 （「估值日期」）就指定名義金額與該等銀行進 行交易。 於各估值日期，參考匯率 + 須與各合約所指定 的行使匯率（上限及下限）╱門檻匯率作比 較，且在達致各合約所指定若干條件的情況 下，本集團可向相關銀行收取╱支付該等合 約所指定的金額。 + 參考匯率指各合約所指定的現貨匯率。 16.DERIVATIVE FINANCIAL ASSETS AND LIABILITIES (Continued) As at 30 June 2016 and 31 December 2015, the Group had entered into the following foreign currency forward contracts and foreign currency options contracts: Foreign currency forward contracts Both contract A and contract B had expired during the period ended 30 June 2016. Foreign currency options contracts The Group entered into several USD/RMB foreign currency options contracts with banks in Hong Kong and the PRC in order to manage the Group’s currency risk. The Group is required to transact with the banks for designated notional amount on a series of valuation dates specified in the respective contracts (“Valuation Date”). At each Valuation Date, the Reference Rate + shall be compared against the strike rates (upper and lower)/barrier rate as specified in the respective contracts, and the Group may receive from/pay to the relevant banks an amount as specified in the contracts if certain conditions specified in the respective contracts are met. + Reference Rate represents the spot rate as specified in the respective contracts.