kAThMANdu  annual report 2012 65 Summarised sensitivity analysis the following table summarises the sensitivity of the Group’s  financial assets and financial liabilities to interest rate risk and  foreign exchange risk. a sensitivity of -10% / +10% (2011: -15% / +5%) for foreign  exchange risk has been selected. While it is unlikely that  an equal movement of the new Zealand dollar would be  observed against all currencies an overall sensitivity of -10% /  +10% (2011: -15% / +5%) is reasonable given the exchange  rate volatility observed on an historic basis for the preceding  five year period and market expectation for potential future  movements. a sensitivity of 1% (2011: 1%) has been selected for interest  rate risk. the 1% is based on reasonably possible changes  over a financial year, using the observed range of historical  data for the preceding five year period. amounts are shown net of income tax. all variables other than  applicable interest rates and exchange rates are held constant. Group IntereSt rAte rISK ForeIGn exCHAnGe rISK -1% +1% -10% +10% 31 July 2012 Carrying amount $’000 profit $’000 equity $’000 profit $’000 equity $’000 profit $’000 equity $’000 profit $’000 equity $’000 Derivative financial instruments  (asset) / liability 3,879 (459) 209 459 (216) - (9,246) - 7,565 Financial assets Cash 1,811 (13) - 13 - 106 - (87) - Trade receivables and sundry debtors 1,422 - - - - (79) - 65 - (13) - 13 - 27 - (22) - Financial liabilities Trade payables 29,304 - - - - (1,869) - 1,529 - Borrowings 53,737 537 - (537) - - (2,179) - 1,783 537 - (537) - (1,869) (2,179) 1,529 1,783 total increase / (decrease) 65 209 (65) (216) (1,842) (11,425) 1,507 9,348 Group IntereSt rAte rISK ForeIGn exCHAnGe rISK -1% +1% -15% +5% 31 July 2011 Carrying amount $’000 profit $’000 equity $’000 profit $’000 equity $’000 profit $’000 equity $’000 profit $’000 equity $’000 Derivative financial instruments  (asset) / liability 10,804 (403) 323 403 (331) - (12,930) - 3,489 Financial assets Cash 3,574 (26) - 26 - 405 - (109) - Financial liabilities Trade payables 21,012 - - - - (1,955) - 528 - Borrowings 46,480 465 - (465) - - (2,539) - 685 465 - (465) - (1,955) (2,539) 528 685 total increase / (decrease) 36 323 (36) (331) (1,550) (15,469) 419 4,174 the parent is not sensitive to either interest rate or foreign exchange risk.