Monday, 25 January 2016

斤经济较:马币贬值如何影响公司的财报?


 
很多人都知道,

马币贬值对出口公司有利,

而事实也确实如此,

去年很多出口公司的业绩都非凡,

但是是影响财报的哪一个部分呢?



假设夜月是出口汉堡的,

一年出口1000个汉堡去美国,

每个汉堡卖USD 1

客户欠债(ReceivablesUSD 500

2014年马币对美元 13

2015年马币对美元14



第一 营业额 Revenue

假设2014年和2015年夜月都是出口1000个汉堡去美国,

但是2015年的营业额却比2014年高,

2014年营业额= 1000*1*3=RM3000

2015年营业额= 1000*1*4=RM4000

所以尽管出口公司出口的产品数量一样,

卖的价格一样,

但是营业额也会因为马币贬值而增加。

只要马币可以维持在14

营业额也会维持在RM4000



第二 Other Income

原本客户欠债是USD500

算回马币就是500*3=RM1500

所以在asset里会纪录成receivable = RM1500

当马币忽然贬值去1:4

那么receivable 就会增加去500*4=RM2000

之间的差距会纪录在那一季的Other Income里。

RM2000-RM1500=RM500

但是要记住这个是一次性收入,

如果马币维持在14

那么下一季就没有这个Other Income了。



第三 Foreign Currency Translation

你在net profit下面,

Comprehensive income上面,

会看到一个叫做Foreign Currency Translation的东西,

由于子公司记录的财报是用外币,

主公司是用马币,

所以在转换的过程中会有一些assumption的偏差,

而这个偏差就是Foreign Currency Translation

和盈利一点关系都没有,

所以不要看到Foreign Currency Translation很高就很高兴。








5 comments:

  1. This comment has been removed by a blog administrator.

    ReplyDelete
  2. morning. i remember there is part called realised and unrealised. forgot under which part dy.

    ReplyDelete
    Replies
    1. morning..actually the should put into realised/unrealised foreign exchange gain..but usually most quarter report just put inside other income

      Delete
  3. Would like to seek your advise: -
    What is below clause actually means? Actually got losses or will have chance to add back the loss in other quarter?

    Strengthening of Ringgit currency has resulted a loss in the unrealised foreign exchange which contributed to a loss before tax of RM1.80 million

    Thanks for your help.
    Wong

    ReplyDelete
    Replies
    1. means customer owe the company in USD..when ringgit strengthen, the money owe becoming less..but since customers havent pay bak,so is unrealised loss

      Delete