Annual Report 2022

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2022 130 The United Laboratories International Holdings Limited Annual Report 2022 35. DERIVATIVE FINANCIAL INSTRUMENTS (Continued) Major terms of the foreign currency forward contracts are as follows: 31 December 2022 Notional amount Maturity Exchange rate Buy USD5,000,000 14 March 2023 USD1: RMB6.685 Buy USD5,000,000 16 March 2023 USD1: RMB6.711 Buy USD40,000,000 25 October 2023 USD1: RMB7.035 Major terms of the cross currency interest rate swap are as follows: 31 December 2021 Notional amount Maturity Exchange rate Pay/Receipt fixed Sell USD44,644,000 6 May 2022 USD1: HKD7.75 2.73% Buy HKD346,000,000 6 May 2022 USD1: HKD7.75 HIBOR+2.35% Sell USD89,288,000 8 November 2022 USD1: HKD7.75 2.73% Buy HKD692,000,000 8 November 2022 USD1: HKD7.75 HIBOR+2.35%