Sensitivit y analysis A 10 per c en t s tr engthening o f the Aus tr alian dol lar agains t the abo v e balanc es a t 31 M ar ch w ould ha v e incr e ased decr e ased pr o ft be f or e inc ome t a x and equit y b y the amoun ts sho wn belo w T his analysis as sumes tha t al l o ther v ariables in par ticular in t er es t r a t es r emain c ons t an t T he analysis is per f ormed on the s ame basis f or 2018 In mil lions o f A UD C onsolida t ed In mil lions o f A UD C onsolida t ed A s a t 31 M ar ch 2019 Pr o ft E quit y A s a t 31 M ar ch 2018 Pr o ft E quit y USD 40 USD 54 C AD 62 C AD 60 EUR 06 EUR 05 GBP 01 GBP 01 47 62 60 60 A 10 per c en t w e ak ening o f the Aus tr alian dol lar agains t the abo v e balanc es a t 31 M ar ch w ould ha v e incr e ased decr e ased pr o ft be f or e inc ome t a x and equit y b y the amoun ts sho wn belo w T his analysis as sumes tha t al l o ther v ariables in par ticular in t er es t r a t es r emain c ons t an t T he analysis is per f ormed on the s ame basis f or 2018 In mil lions o f A UD C onsolida t ed In mil lions o f A UD C onsolida t ed A s a t 31 M ar ch 2019 Pr o ft E quit y A s a t 31 M ar ch 2018 Pr o ft E quit y USD 48 USD 66 C AD 76 C AD 73 EUR 08 EUR 07 GBP 01 GBP 01 57 76 74 73 In t er es t r a t e risk A t the r epor ting da t e the in t er es t r a t e pr o fle o f the Gr oup s in t er es t be aring fnancial ins trumen ts w as C onsolida t ed 2019 2018 2019 2018 In mil lions o f A UD Fix ed r a t e ins trumen ts V ariable r a t e ins trumen ts Financial as se ts 1483 1876 Financial liabilities 7488 6956 314 04 Ef f ec t o f in t er es t r a t e c on tr ac ts 1461 1372 1461 1372 6027 5584 292 500 R epr esen ts the ne t no tional amoun t o f in t er es t r a t e s w aps used f or hedging Sensitivit y analysis F air v alue sensitivit y analysis f or fx ed r a t e ins trumen ts T he Gr oup has designa t ed in t er es t r a t e c on tr ac ts as hedging ins trumen ts under a f air v alue hedge ac c oun ting model in r ela tion t o its fx ed r a t e long t erm no t es T he in t er es t r a t e c on tr ac ts sw ap the fx ed in t er es t pa y able on a por tion o f the loan no t es t o v ariable in t er es t r a t es f or the t erm o f the deb t In ac c or danc e with the Gr oup s ac c oun ting polic y r e f er t o no t e 3c changes in f air v alue o f the in t er es t r a t e c on tr ac ts t oge ther with the change in f air v alue o f the deb t arising fr om changes in in t er es t r a t es ar e r ec ognised in the pr o ft and los s t o the e xt en t the f air v alue hedge is e f f ec tiv e In 2019 the change in f air v alue o f in t er es t r a t e c on tr ac ts w as 04 mil lion 2018 51 mil lion and w as o f fse t in the Gr oup s pr o ft and los s s t a t emen t b y an equal amoun t r ela ting t o the change in f air v alue o f the hedged risk A change o f 50 basis poin ts in in t er es t r a t es a t the r epor ting da t e w ould no t ma t erial ly impac t the Gr oup s pr o ft and los s be f or e inc ome t a x or equit y 2018 Nil 66 ALS LIMITED AND IT S SUBSIDIARIES A NNU AL F INANCIAL R EPOR T F OR THE Y EAR E NDED 31 M AR CH 2019 F INANCIAL REPOR T F INANCIAL S T A TEMENT S N O TES T O THE FINANCIAL S T A TEMENT S Risk capit al managemen t