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Title: An analysis of Enemalta corporation’s hedging activity during 2014
Authors: National Audit Office
Keywords: National Audit Office (Malta) -- Reports
Hedging (Finance) -- Malta
Enemalta Corporation (Malta)
Issue Date: 2015-03
Publisher: NAO
Citation: National Audit Office. An analysis of Enemalta Corporation’s hedging activity during 2014. Malta : NAO, 2015
Abstract: On 23 January 2015, the Opposition Members on the Public Accounts Committee requested the Auditor General to investigate the hedging activity undertaken by Enemalta Corporation (EMC) during 2014. This analysis include an examination of the policy, strategy and governance framework adopted by EMC with respect to its hedging function; a review of hedging agreements in force in 2014; and an analysis of the financial outcomes of hedging agreements entered into. In this context, the National Audit Office (NAO) reviewed hedging undertaken by EMC with respect to crude oil, unleaded petrol and diesel, as well as foreign exchange (FX) hedging upon the Corporation’s fuel oil, gasoil, unleaded petrol and diesel requirements.
Description: The University of Malta would like to acknowledge its gratitude to National Audit Office for sharing this content in order to enhance the Library's Digital Collection
Appears in Collections:National Audit Office

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