Page 185 - Annual Report 2015 - Mono Technology Public Company Limited

Separate financial statements
Average exchange rate as
at 31 December
Financial assets as at
31 December
Financial liabilities as at
31 December
2015 (Million)
2014 (Million)
2015 (Million)
2014 (Million)
2015
2014
(Baht per 1 foreign currency unit)
3
2
-- --
36.0886
32.9630
5,417
4,490
0.0026
0.0027
Foreign currency
US dollar Indonesia
The subsidiaries’ foreign exchange contracts outstanding are summarised below.
As at 31 December 2015
32.2 Fair values of financial instruments
Since the majority of financial instruments of the Company and its subsidiaries are short-term in nature. Loans, liabilities under finance lease agreement and short-term and long-term borrowings carry interest at rate close to market rate. Their fair value is not expected to be materially different from the amounts presented in statement of financial position.
33. Capital management
The primary objective of the Company and its subsidiaries’ capital management is to ensure that it has appropriate capital structure in order to support its business and maximise shareholder value. As at 31 December 2015, the Company and its subsidiaries’ debt-to-equity ratio was 1.18:1 (2014: 0.85:1) and the Company’s was 0.10:1 (2014: 0.07:1).
34. Approval of financial statements
These financial statements were authorised for issue by the Company’s Board of Directors on 19 February 2016.
Foreign currency
Bought amount (Million)
Contractual exchange rate of bought amount (Baht per 1 foreign currency unit)
Maturity date
US dollar
2
36.105 - 36.195
15 March 2016
Annual Report 2015
185