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Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Financial Instruments

Schedule of fair value of the derivative assets


		As of December 31,
		2021		2022
Derivative assets carried at fair value through profit or loss (FVTPL)
Interest rate swaps		—		3,576
Total		—		3,576
Derivative financial instruments—current assets		—		2,440
Derivative financial instruments—non-current assets		—		1,136
Total		—		3,576

Schedule of fair value of the derivative liabilities


		As of
		December 31,
		2021		2022
Derivative liabilities carried at fair value through profit or loss (FVTPL)
Interest rate swaps		9,245		—
Total		9,245		—
Derivative financial instruments—current liability		5,184		—
Derivative financial instruments—non-current liability		4,061		—
Total		9,245		—

Schedule of interest rate swaps held for trading

Fixed

Notional Amount

Trade

Effective

Termination

Interest

December 31,

December 31,

Company

Counterparty

Date

Date

Date

Rate

2021

2022

GasLog Partners

GasLog

Nov 2016

Nov 2016

July 2022

1.72%/1.52

%*

130,000

—

GasLog Partners

GasLog

July 2017

July 2017

June 2022

2.19%/1.99

%*

80,000

—

GAS-twenty seven Ltd.

DNB Bank ASA

July 2020

July 2020

July 2024

3.146

%

48,889

48,889

GAS-twenty seven Ltd.

DNB Bank ASA

July 2020

July 2020

April 2025

3.069

%

40,000

40,000

GAS-twenty seven Ltd.

ING Bank N.V.

July 2020

July 2020

July 2024

3.24

%

24,444

24,444

GAS-twenty seven Ltd.

ING Bank N.V.

July 2020

July 2020

April 2025

3.176

%

20,000

20,000

Total

343,333

133,333

*Pursuant to the Credit Support Annex entered into in March 2020, whereby GasLog Partners agreed to effect deposit cash collateral payments with GasLog in connection with its derivative instruments with GasLog, the fixed interest rates of the interest rate swaps were decreased by 20 basis points or 0.2%. In November 2020, the Credit Support Annex was amended and the cash collateral held with GasLog was fully released and the fixed interest rates of the three remaining interest rate swaps with GasLog were reverted to their initial fixed rates with effect on the next interest period.

Schedule of analysis of loss/(gain) on derivatives


		For the year ended
		December 31,
		2020		2021		2022
Realized loss on interest rate swaps held for trading		6,300		8,596		3,175
Realized loss on forward foreign exchange contracts held for trading		61		—		—
Unrealized loss/(gain) on interest rate swaps held for trading		8,623		(11,092)		(12,821)
Unrealized gain on forward foreign exchange contracts held for trading		(55)		—		—
Total loss/(gain) on derivatives		14,929		(2,496)		(9,646)