FGV Annual Report 2015

310 Notes to the Financial Statements For The Financial Year Ended 31 December 2015 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 32 FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS (CONTINUED) Group Financial instruments at fair value through profit or loss are denominated in the following currencies: 2015 2014 RM’000 RM’000 - Ringgit Malaysia 3,595 3,649 - Australian Dollar 2,948 2,877 - Pakistan Rupee 52,420 14,905 - Chinese Yuen Renminbi 6,942 - 65,905 21,431 The fair value of all equity securities is based on their quoted bid prices in an active market. 33 DERIVATIVE FINANCIAL ASSETS/(LIABILITIES) Group 2015 2014 Contract/ Contract/ notional notional amount Assets Liabilities amount Assets Liabilities RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Foreign currency forward contracts 760,222 1,388 590 885,391 529 15,271 Sugar futures contracts - - - 2,217 38 - Oil palm futures contracts 365,901 - 1,268 61,753 61 2,524 Rubber forward contracts - - - 9,977 2,078 19 Soy and canola future contracts - - - 823,221 12,631 14,578 1,126,123 1,388 1,858 1,782,559 15,337 32,392 The Group classifies derivative financial instruments as financial assets/liabilities at fair value through profit or loss. None of the derivatives are designated as hedges as the Group did not apply hedge accounting during the financial year.