Berry Street Web Docs Financial Report 2011 | Page 29

BERRY STREET VICTORIA INC.
ABN 24 719 196 762

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2010
NOTE 15: FINANCIAL RISK MANAGEMENT (Continued)
c)

Market Risk (Continued)

(ii) Price Risk
Price risk relates to the risk that the fair value or future cash flows of a financial instrument will fluctuate
because of the changes in market prices of securities held.
The association is exposed to securities price risk on investments held for trading or for medium to
longer terms. Such risk is managed through diversification of investments across industries.
The association investments are held in various sectors at reporting date:
Banking & finance;
Materials; and
Consumer – Staples.

The association’s exposure to price risk is as follows:
2011
$

2010
$

6,601,473

6,268,000

Available-for-sale financial assets

11,776,708

8,635,607

Net Exposure

18,378,181

14,903,607

Financial Assets
Held-for-trading financial assets

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