22.
FINANCIAL INSTRUMENTS (CONTINUED)
(b)
Financial risk management objectives and policies (continued)
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The functional currency of IREIT and its subsidiaries is Euro.
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amounts of monetary assets and monetary liabilities denominated in currencies other than the company’s
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Foreign currency sensitivity
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is the change in foreign exchange rate that management deems reasonably possible which will affect
outstanding foreign currency denominated monetary items at the end of the reporting period. The sensitivity
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The carrying amounts of cash and cash equivalents, trade and other receivables and trade and other
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instruments.
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Notes to the
Financial Statements
For the year ended 31 December 2015
Assets
Liabilities
Group
2015
2014
2015
2014
EUR’000
EUR’000
EUR’000
EUR’000
Singapore dollars
2,568
2,930
331
710
Assets
Liabilities
IREIT
2015
2014
2015
2014
EUR’000
EUR’000
EUR’000
EUR’000
Singapore dollars
2,568
2,930
299
690
Group
IREIT
2015
2014
2015
2014
EUR’000
EUR’000
EUR’000
EUR’000
Singapore dollars
1,714
432
1,715
433
IREIT Global
ANNUAL REPORT 2015
97
