142 GHL SYSTEMS BERHAD 199401007361 (293040-D) ANNUAL REPORT 2021 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2021 CONT’D 22. CASH AND BANK BALANCES (Cont’d) (f) The following table demonstrates the sensitivity analysis of the Group and of the Company to a reasonably possible change in the PHP, USD, THB, AUD, SGD, IDR and HKD exchange rates against the respective functional currencies of the Group entities, with all other variables held constant: Group Company 2021 2020 2021 2020 RM RM RM RM Profit after tax PHP/RM - strengthen by 10% (2020: 10%) 2,945,710 2,460,983 - - PHP/RM - weaken by 10% (2020: 10%) (2,945,710) (2,460,983) - - USD/RM - strengthen by 10% (2020: 10%) 220,123 321,916 12,632 74,116 USD/RM - weaken by 10% (2020: 10%) (220,123) (321,916) (12,632) (74,116) THB/RM - strengthen by 10% (2020: 10%) 626,532 942,269 1,895 2,039 THB/RM - weaken by 10% (2020: 10%) (626,532) (942,269) (1,895) (2,039) AUD/RM - strengthen by 10% (2020: 10%) 182,980 86,288 - - AUD/RM - weaken by 10% (2020: 10%) (182,980) (86,288) - - SGD/RM - strengthen by 10% (2020: 10%) 22,014 35,731 - - SGD/RM - weaken by 10% (2020: 10%) (22,014) (35,731) - - IDR/RM - strengthen by 10% (2020: 10%) 7,817 16,563 - - IDR/RM - weaken by 10% (2020: 10%) (7,817) (16,563) - - HKD/RM - strengthen by 10% (2020: 10%) 13,436 989 - - HKD/RM - weaken by 10% (2020: 10%) (13,436) (989) - - (g) No expected credit losses were recognised arising from the cash and bank balances and deposits with financial institutions because the probability of default by these financial institutions were negligible.
RkJQdWJsaXNoZXIy NDgzMzc=