| 1. | Article 8 an enterprise may designate a combination of two or more derivative instruments or a certain proportion of such a combination as a hedging instrument
第八条企业可以将两项或两项以上衍生工具的组合或该组合的一定比例指定为套期工具。 |
| 2. | The " hedging accounting method " shall refer to a method to record the result of offsetting the hedging instrument and the changes of the fair value of the hedged item
套期会计方法，是指在相同会计期间将套期工具和被套期项目公允价值变动的抵销结果计入当期损益的方法。 |
| 3. | If the hedging instrument is a derivative instrument , the gain or loss from the changes in the fair value of the hedging instrument shall be recorded in the profits and losses of the current period
套期工具为非衍生工具的，套期工具账面价值因汇率变动形成的利得或损失应当计入当期损益。 |
| 4. | In the profit or loss of the hedging instrument , the portion , which is attributed to the effective hedging shall be directly recognized as the owner ' s equity and shall be presented as a separate item
（一）套期工具利得或损失中属于有效套期的部分，应当直接确认为所有者权益，并单列项目反映。 |
| 5. | If the hedging instrument is a non - derivative instrument , the gain or loss on the book value of the hedging instrument resulting from changes in exchange rate shall be recorded in the profits and losses of the current period
套期工具为非衍生工具的，套期工具账面价值因汇率变动形成的利得或损失应当计入当期损益。 |
| 6. | For a forward contract , the enterprise may separate the interest from the spot price of a forward contract and merely designate the forward contract as a hedging instrument based on the changes of spot price
（二）对于远期合同，企业可以将远期合同的利息和即期价格分开，只就即期价格变动将远期合同指定为套期工具。 |
| 7. | The " effectiveness of hedging " shall refer to the extent that the changes in the fair value or cash flow of a hedging instrument may offset the changes resulted from the hedging risks in the fair value or cash flow of a hedged item
套期有效性，是指套期工具的公允价值或现金流量变动能够抵销被套期风险引起的被套期项目公允价值或现金流量变动的程度。 |
| 8. | In the profit or loss of the hedging instrument , the portion , which is attributed to the ineffective hedging ( namely the other profit or loss after deducting the portion directly recognized as the owner ' s equity ) shall be recorded in the profit and loss of the current period
（二）套期工具利得或损失中属于无效套期的部分（即扣除直接确认为所有者权益后的其他利得或损失） ，应当计入当期损益。 |
| 9. | For a collar option , or for an option composed of an issued option and a purchased option , if its essential is equivalent to an option issued by the enterprise ( that is to say , the enterprise charges for the net option ) , the enterprise cannot designate it as a hedging instrument
对于利率上下限期权或由一项发行的期权和一项购入的期权组成的期权，其实质相当于企业发行的一项期权的（即企业收取了净期权费） ，不能将其指定为套期工具。 |
| 10. | At the commencement of the hedging , the enterprise shall specify the hedging relationship formally ( namely the relationship between the hedging instrument and the hedged item ) and prepare a formal written document on the hedging relationship , risk management objectives and the strategies of hedging
（一）在套期开始时，企业对套期关系（即套期工具和被套期项目之间的关系）有正式指定，并准备了关于套期关系、风险管理目标和套期策略的正式书面文件。 |
