29. FINANCIAL INSTRUMENTS: INFORMATION ON FINANCIAL RISKS AND OTHER EXPLANATORY INFORMATION (CONTINUED) 29G. Foreign currency risk (Continued) Group Exposure in SGD USD GBP RM Others Total 2024 $ $ $ $ $ $ Financial assets Cash and bank balances 2,208,492 4,356,625 69,226 4,394,382 4,939,806 15,968,531 Trade and other receivables# 5,108,833 14,788,403 3,258,371 3,060,988 11,299,784 37,516,379 Subtotal 7,317,325 19,145,028 3,327,597 7,455,370 16,239,590 53,484,910 Financial liabilities Trade and other payables# 5,988,441 15,269,375 2,040,337 670,435 4,570,690 28,539,278 Borrowings 6,344,014 13,841,406 2,076,860 – 2,978,438 25,240,718 Lease liabilities 2,711,989 – 211,940 6,295 177,572 3,107,796 Subtotal 15,044,444 29,110,781 4,329,137 676,730 7,726,700 56,887,792 Net financial (liabilities)/assets (7,727,119) (9,965,753) (1,001,540) 6,778,640 8,512,890 (3,402,882) Less: Net financial liabilities/(assets) denominated in respective entities’ functional currencies 7,215,679 (767,163) 922,998 (6,778,640) (5,236,304) (4,643,430) Add: Currency forward contracts – 2,018,933 – – 902,398 2,921,331 Net currency exposure (511,440) (8,713,983) (78,542) – 4,178,984 (5,124,981) The Company’s currency exposure is as follows: Company Exposure in USD Others Total 2025 $ $ $ Financial assets Cash and bank balances 981,770 20,805 1,002,575 Trade and other receivables 10,747,238 2,089,719 12,836,957 Subtotal 11,729,008 2,110,524 13,839,532 Financial liabilities Trade and other payables 3,022,806 195,205 3,218,011 Borrowings 8,080,610 1,005,574 9,086,184 Subtotal 11,103,416 1,200,779 12,304,195 Net financial assets 625,592 909,745 1,535,337 Net currency exposure 625,592 909,745 1,535,337 MEGACHEM LIMITED ANNUAL REPORT 2025 168 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2025
RkJQdWJsaXNoZXIy NTM2MDQ5