CapitaLand Integrated Commercial Trust - Annual Report 2021

Notes to the Financial Statements YEAR ENDED 31 DECEMBER 2021 29 FINANCIAL RISK MANAGEMENT (continued) Hedge accounting (continued) The amounts relating to items designated as hedged items and hedging instruments (excluding share of hedging reserves of joint ventures) were as follows: Carrying amount Line item in the Statement of Financial Position where Nominal amount Assets Liabilities the hedging instrument is included the hedged item is included $’000 $’000 $’000 Group 2021 Foreign currency risk Cross currency swaps 1,760,952 27,761 (30,394) Financial derivatives Loans and borrowings Forward exchange contracts 63,351 544 – Financial derivatives – Interest rate risk Interest rate swaps 1,210,000 2,574 (2,034) Financial derivatives Loans and borrowings 2020 Foreign currency risk Cross currency swaps 1,875,402 37,430 (50,509) Financial derivatives Loans and borrowings Forward exchange contracts 15,107 – (611) Financial derivatives – Interest rate risk Interest rate swaps 1,260,000 – (17,842) Financial derivatives Loans and borrowings Trust 2021 Foreign currency risk Forward exchange contracts 53,675 45 – Financial derivatives – Interest rate risk Interest rate swaps 735,000 1,014 (2,034) Financial derivatives Loans and borrowings 2020 Interest rate risk Interest rate swaps 180,000 – (9,980) Financial derivatives Loans and borrowings CapitaLand Integrated Commercial Trust 294