Logistics
Fuel Price Hedge (Derivative Adjustment)
Adjusting the fair value of a fuel swap contract used to lock in diesel or bunker prices.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Derivative Asset (Hedge) | Asset (+) | 12,000.00 | - |
| Unrealized Gain on Fuel Hedge (OCI) | Equity (+) | - | 12,000.00 |
💡 Accountant's Note
Logistics giants use derivatives to stay profitable if fuel prices spike. Under IFRS 9, these must be revalued monthly, usually through Other Comprehensive Income (OCI).
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