Page 45 - 2016 TGI CSR 電子書
P. 45

Countermeasures for Financial Risk Management


                           Risk                           Impacts and future countermeasures

                                             We always maintain  a good  financial  structure,  as a financial
                                             institution and negotiating favorable bargaining chips, and in close
                Interest rate risk
                                             contact with the banks in order to obtain more favorable borrowing
                                             rates.

                                             Due to non-functional currency of the purchase or sales of the risk
                Exchange rate change risk
                                             arising to netting, our exchange rate risk is not significant.

                inflation                    No significant impact on our Company.

               ĵ ĵ High risk and highly
                  leveraged investment
               ĵ ĵ Loans to others           In 2016  we had no high  risk and highly  leveraged investment,
               ĵ ĵ Endorsements and          and no loans to others. Only the loans and endorsements to our
                  Guarantees                 subsidiaries  in  China  were implemented for construction and
               ĵ ĵ Policy derivative         working capital.
                  transactions, the profit or
                  loss




                           Countermeasures for Factory Operations Risk Management

                   Risk        Countermeasure                              Response





                             Glass production
                             is very sensitive to
                             even the slightest
                             change in formula.
                Production   The materials going
                   risk
                             into the kiln must be
                             monitored carefully
                             because incorrect
                             formula will lead to
                             major losses.










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