NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 (CURRENCY – SINGAPORE DOLLARS UNLESS OTHERWISE STATED) C16 Derivative financial instruments (continued) Cash flow hedges (continued) The amounts at the reporting date relating to items designated as hedged items are as follows: Group Changes in value used for calculating hedge ineffectiveness Cash flow hedge reserve $’000 $’000 2024 Foreign currency risk Sales (41,503) (20,437) Receivables (411) (734) Purchases (3,007) 1,461 Payables (294) (269) Embedded derivatives (6,527) (4,601) Interest rate risk Variable rate borrowings 4,263 58,941 2023 Foreign currency risk Sales 25,850 15,405 Receivables – (323) Purchases 3,223 534 Payables 455 108 Embedded derivatives 20,213 1,926 Interest rate risk Variable rate borrowings (2,822) 77,604 There are no balances remaining in the cash flow hedge reserve from hedging relationships for which hedge accounting is no longer applied. 205 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT
RkJQdWJsaXNoZXIy ODIwNTc=