Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Derivative Financial Instruments

v3.19.3.a.u2
Derivative Financial Instruments
12 Months Ended
Jan. 31, 2019
Derivative Financial Instruments  
Derivative Financial Instruments

16 Derivative Financial Instruments

 

    31 January 2019
NZ $000’s
    31 January 2018
NZ $000’s
    31 January 2017
NZ $000’s
 
Current liabilities                        
Forward exchange contracts     1,484       2,087       4,188  

 

  In order to mitigate exchange rate movements and to manage the inventory costing process, the Group has entered into forward currency contracts to purchase US dollars.