Debt Maturity Profile (US$ million) As at 30 June 2022 < 12 months Between 12 to 24 months Between 3 to 5 years > 5 years 13% 12% 69% 6% CHARGE OF ASSETS As of 30 June 2022, certain of the Group’s assets were pledged to secure bank and other borrowings granted to the Group. The details of charged assets are disclosed in Note 15 to the unaudited condensed consolidated financial information. Except for the aforementioned charges, all the Group’s assets are free from any encumbrances. CONTINGENT LIABILITIES As at 30 June 2022, neither the Group nor the Company had any significant contingent liabilities. Cash and Bank Balances As at 30 June 2022 United States dollars 20% Hong Kong dollars 17% Singapore dollars 17% Renminbi 15% Japanese Yen 11% Australian dollars 10% South Korean Won 8% Others 2% Bank and Other Borrowings As at 30 June 2022 United States dollars 43% Singapore dollars 22% Japanese Yen 16% Renminbi 11% Australian dollars 5% Others 3% The Group has exposures to foreign exchange rate fluctuations from subsidiaries, associates and joint ventures from China, Japan, South Korea, Australia, Southeast Asia and India. The Group manages its foreign currency exposures by natural hedges at both project and corporate levels. Operating and development activities of each countries are mainly funded through project level debts and operating income that are in their respective local currencies. At the corporate level, the Group currently funds some of its investments through corporate borrowings in the currency of the country in which the investment is located. In managing the interest rate profile, the Group considers interest rate outlook and holding periods of its investment profile. The Group continues to closely monitor the interest and exchange rates movements and evaluate such impact to its portfolio. The Group will consider using financial derivatives as additional tools when appropriate to manage foreign currency and interest rate exposures. As at 30 June 2022, currency profile of the Group’s cash and bank balances; and bank and other borrowings are as below: 638 603 3,424 284 E S R G R O U P L I M I T E D I N T E R I M R E P O R T 2 0 2 2 17
RkJQdWJsaXNoZXIy ODIwNTc=