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4528. Financial instruments28.1 Financial risk management objectives and policiesThe Group%u2019s financial instruments principally comprise cash and cash equivalents, trade and other current receivables, loans to, investments, trade and other current payables and deposits received. The financial risks associated with these financial instruments and how they are managed is described below.Credit riskThe Group is exposed to credit risk primarily with respect to trade and other current receivables, loans to, investments and deposits with banks. The maximum exposure to credit risk is limited to the carrying amounts as stated in the statement of financial position. Trade and other receivables, contract assets and loans toThe Group manages the risk by adopting appropriate credit control policies and procedures and therefore does not expect to incur material financial losses. Outstanding trade and other receivables, contract assets and loans to are regularly monitored.An impairment analysis is performed at each reporting date to measure expected credit losses. The provision rates are based on expected future cash flow and/or days past due for groupings of various customer segments with similar credit risks. The Group classifies customer segments by customer and product types. The calculation of impairment reflects the probability-weighted outcome, the time value of money and reasonable and supportable information that is available at the reporting date about past events, current conditions and forecasts of future economic conditions. Bank deposits and financial instruments The Group manages the credit risk from balances with banks and financial institutions by making investments only with approved counterparties. The approval has been made in order to mitigate any potential impact in the future. Super Turtle Public Company Limited 161Introduction Nature of Business Business Performance Corporate Information Corporate Governance Financial Report Attachment