貿易通 2021 年年報

207 二零二一年年報 貿易通電子貿易有限公司 Notes to the Financial Statements (Continued) 財務報表附註（續） 25 財務風險管理及公允價值 （續） (c) 利率風險（續） 敏感度分析（續） 上述敏感度分析指出本集團的綜合權 益可能產生的即時變動。敏感度分析 假設利率變動於報告期末已經發生， 並已用於重新計量本集團所持有並於 報告期末使本集團面臨公允價值利率 風險的固定收入債務證券。對於由本 集團於報告期末所持有的浮息銀行結 餘所產生的現金流量利率風險，其對 本集團除稅後溢利（及保留溢利）的影 響是基於利率變動而產生的利息收入 年化影響作估計。有關分析按二零二 零年的現金流量利率風險分析的相同 基準進行。 (d) 外匯風險 本集團的外匯風險主要源自以美元計 值的其他財務資產及於中國成立實體 的投資。鑒於現時美元與港元匯率掛 鈎，管理層預期以美元計值的債務證 券投資不會附帶任何重大貨幣風險。 就本集團於中國成立實體的投資而 言，本集團並無對沖相關外匯風險。 25 Financial risk management and fair values (Continued) (c) Interest rate risk (Continued) Sensitivity analysis (Continued) The sensitivity analysis above indicates the instantaneous change in the Group’s consolidated equity that would arise assuming that the change in interest rates had occurred at the end of the reporting period and had been applied to re-measure those fixed income debt securities held by the Group which expose the Group to fair value interest rate risk at the end of the reporting period. In respect of the exposure to cash flow interest rate risk arising from floating rate bank balances held by the Group at the end of the reporting period, the impact on the Group’s profit after tax (and retained profits) is estimated as an annualised impact on interest income of such a change in interest rates. The analysis is performed on the same basis for 2020 for cash flow interest rate risk. (d) Foreign currency risk The Group is exposed to foreign currency risk primarily through other financial assets denominated in United States dollars and investments in PRC established entities. Given the fact that the exchange rates of United States dollars and Hong Kong dollars are currently pegged, management does not expect that there will be any significant currency risk associated with the investment in debt securities denominated in United States dollars. The Group has not hedged the foreign exchange exposure in relation to its investments in PRC established entities.