Value at Risk Payables Units Payable $AUD $USD $ 9,000,000.00 $ 5,892,480.00 Std. Dev. 95% Int. VaR in $AUD 95% sure cost will be less than this amount British Pound 0.01082 1.65 0.01785 105,163.88 $ 5,997,643.88 Euro 0.01059 1.65 0.01747 102,949.18 $ 5,995,429.18 Yen 0.01069 1.65 0.01764 103,941.21 $ 5,996,421.21 Australian Dollar Malayasian Ringgit 0.01350 1.65 0.02228 131,254.99 0.00663 1.65 0.01095 64,493.97 $ 6,023,734.99 $ 5,956,973.97 Units Receivable 101.78% 101.75% 101.76% of amount payable 102.23% 101.09% 1.76% of amount receivable 2.23% Receivables Std. Dev. 95% Int. VaR in Ringgit British Pound 0.01082 -1.65 -0.01785 - 1,696,562.86 $ Euro 0.01059 -1.65 -0.01747 - 1,660,834.08 $ 4,207,833.30 4,207,833.30 $ Yen 0.01069 -1.65 -0.01764 - 1,676,838.09 $ 4,207,833.30 $ $ 4,134,317.06 = $ 4,133,608.65 = $ Ringgit $USD Z 20,000,000.00 $ 4,207,833.30 95% sure lost receivables will not be greater than 4,132,735.54 = $ 75,097.77 1.78% 1.75% 73,516.24 74,224.66 Australian Dollar 0.01350 -1.65 -0.02228 - 2,117,479.32 $ 4,207,833.30 $ 4,114,103.82 = $ 93,729.49 Malayasian Ringgit All Data British Pound Euro 0.00663 -1.65 -0.01095 - 1,040,452.91 $ 4,207,833.30 $ 4,161,778.02 = $ 46,055.29 1.09% British Pound Euro Yen Australian Dollar Malaysian Ringgit British Pound Direct $ 1.2573 1 0.656 1 0.125 0.292 0.562 0.365 Euro Direct $ 1.0763 0.591 0.403 Yen Direct $ 0.0066 Yen 1 0.086 0.118 Australian Dollar Direct $ 0.6547 Australian Dollar Malaysian Ringgit 1 0.539 Malaysian Ringgit Direct $ 0.2104 2008-2009 British Pound Euro Yen Australian Dollar Malaysian Ringgit British Pound 1 Euro 0.669 1 -0.270 -0.014 0.681 0.753 0.527 0.748 Yen 1 Australian Dollar Malaysian Ringgit -0.360 1 -0.119 0.738 1 All Data British Pound Direct Sandard Deviation 0.0108 Euro Direct Yen Direct Australian Dollar Direct 0.0106 0.0107 0.0135 Malaysian Ringgit Direct 0.0066 Monthly for Financial Crisis British Pound Direct Sandard Deviation 0.0088 0.0144 Malaysian Ringgit Direct 0.0049 Euro Direct Yen Direct Australian Dollar Direct 0.0106 0.0091 Annual for Financial Crisis British Pound Direct Sandard Deviation 0.0050 Euro Direct Yen Direct Australian Dollar Direct 0.0036 0.0010 0.0056 Malaysian Ringgit Direct 0.0019