| |
|
|
|
|
|
|
|
|
| 13. |
derivative instruments |
| |
The following material derivative instruments existed at 31 March: |
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
2009 |
|
|
2008 |
|
| |
|
|
Currency |
Forward |
Fair |
Currency |
Forward |
Fair |
| |
|
|
value |
value |
value |
value |
value |
value |
| |
Assets |
|
million |
R million |
R million |
million |
R million |
R million |
| |
Foreign exchange contracts |
|
|
|
|
|
|
| |
Buy: |
USA dollar |
– |
– |
– |
11.7 |
95.0 |
8.8 |
| |
|
Other |
– |
– |
– |
2.0 |
26.2 |
2.5 |
| |
Sell: |
USA-dollar |
18.1 |
186.6 |
9.3 |
– |
– |
– |
| |
|
|
|
|
9.3 |
|
|
11.3 |
| |
Other derivative instruments |
|
|
|
|
|
|
| |
Sugar selling contracts |
|
|
– |
|
|
0.3 |
| |
Soy option contracts |
|
|
2.0 |
|
|
– |
| |
Exchange option contracts |
|
|
4.3 |
|
|
7.0 |
| |
|
|
|
|
6.3 |
|
|
7.3 |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
15.6 |
|
|
18.6 |
| |
The following material derivative instruments existed at 31 March: |
|
|
|
| |
|
|
|
2009 |
|
|
2008 |
|
| |
|
|
Currency |
Forward |
Fair |
Currency |
Forward |
Fair |
| |
|
|
value |
value |
value |
value |
value |
value |
| |
Liabilities |
million |
R million |
R million |
million |
R million |
R million |
| |
Foreign exchange contracts |
|
|
|
|
|
|
| |
Buy: |
USA dollar |
3.5 |
3.5 |
– |
1.0 |
11.6 |
1.1 |
| |
|
Other |
89.3 |
85.8 |
3.6 |
0.1 |
1.3 |
0.1 |
| |
Sell: |
USA-dollar |
– |
– |
– |
5.3 |
42.6 |
0.8 |
| |
|
|
|
|
3.6 |
|
|
2.0 |
| |
Other derivative instruments |
|
|
|
|
|
|
| |
Commodity option contracts |
|
|
2.1 |
|
|
– |
| |
Exchange option contracts |
|
|
10.5 |
|
|
– |
| |
Interest rate swops |
|
|
1.7 |
|
|
– |
| |
Soy option contracts |
|
|
– |
|
|
1.3 |
| |
|
|
|
|
14.3 |
|
|
1.3 |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
17.9 |
|
|
3.3 |
