Page 105 - Paragon Annual Report 2

Notes to the consolidated financial statements (continued) 25 Financial risk management (continued)
Market risk: Currency risk
Exposure to currency risk
The following significant exchange rates applied during the year:
Currency
Sterling 1.21 Swedish Krona 0.11 Norwegian Krone 0.11 Romanian Leu 0.22 Polish Zloty 0.23 Czech Koruna 0.04 Australian Dollar 0.66 US Dollar 0.89
China RMB
Sensitivity analysis
A 10 per cent weakening of these currencies at 30 June 2017 and 30 June 2016 would have had the following effect on profit on ordinary activities before tax:
–
| 101
0.11
0.22
0.23
0.04
0.69
0.92
0.13
Average rate
Reporting date spot rate
2017
1.16
0.10
2016
1.35 0.11 0.11 0.22 0.23 0.04 0.65 0.90
–
2017
1.14
0.10
0.11
0.22
0.24
0.04
0.67
0.89
0.13
2016
2017
€000
(317)
226
4
(64)
44
(86)
(26)
(9)
15
2016
€000
Sterling (64) Norwegian Krone 70 Swedish Krona 76 Polish Zloty (84) Czech Koruna 141 Romanian Leu (47) US Dollar (23) Australian Dollar (4) China RMB –
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