Page 335 - BTSGroup ONE REPORT 2021/22_EN

BTS Group Holdings Public Company Limited 6.4 Notes to Consolidated Financial Statements 333
Annual Report 2021/22

The impact of the hedging instruments on the statement of financial position as at 31 March 2022 and 2021 and the effect of the cash flow hedge in the
statement of comprehensive income for the year then ended are, as follows:

(Unit: Million Baht)

Notional amounts Carrying amount Changes in fair value Effectiveness Amount of cash Line item
used for measuring recognised in other f ow hedge reserve in f nancial
ineffectiveness comprehensive reclassif ed to prof t statement
income or loss
2022 2021 2022 2021 2022 2021 2022 2021 2022 2021
Debt instruments - hedge the risk 351 1,266 363 1,291 (40) 14 (40) 14 27 10 Cost of
arising from highly probable contracting
forecast purchases of the trains works
and related equipment and
maintenance services
Foreign exchange forward 1,851 2,160 (2) (56) 64 80 64 80 137 194 Cost of
contracts - hedge the risk contracting
arising from highly probable works
forecast purchases of the trains
and related equipment and
maintenance services
Foreign exchange forward contract - 571 - 12 - 12 - 12 - - - -
hedge the risk arising from loans
and interests
Cross currency and interest rate - 600 - (63) 45 (46) 45 (46) 18 21 Finance costs
swap - hedge the risk arising from
loans and interests

Interest rate swaps - hedge the risk 40,500 41,100 (1,969) (3,674) 650 1,835 650 1,835 1,053 742 Finance
arising from interests costs/
Elevated train
project costs