NOTES TO THE FINANCIAL STATEMENTS
For the Financial Year Ended 31 December 2014
43 FAIR VALUE OF ASSETS AND LIABILITIES (CONT’D)
B.
Assets and liabilities measured at fair value (cont’d)
The following table shows an analysis of each class of assets and liabilities measured at fair value at the end of the
reporting period (cont’d):
Group
2013
$’000
Fair value measurement at the end of the reporting period using
Quoted prices
in active
markets for
identical
instruments
Significant
observable
inputs
other than
quoted prices
Significant
unobservable
inputs
Total
(Level 1)
(Level 2)
(Level 3)
Assets measured at fair value
Financial assets:
Available-for-sale financial assets (note 21)
Equity securities
Quoted equity securities
64,139
–
– 64,139
Financial assets as at 31 December 2013
64,139
–
– 64,139
Non-financial assets:
Property, plant and equipment (note 14)
Land and buildings
–
180
16,586
16,766
Investment properties (note 15)
–
849,910
– 849,910
Non-financial assets as at 31 December 2013
–
850,090
16,586 866,676
Liabilities measured at fair value
Financial liabilities:
Derivatives (note 22)
Forward currency contracts
–
879
–
879
Interest rate swap contracts
–
62
–
62
Total derivatives
–
941
–
941
Financial liabilities as at 31 December 2013
–
941
–
941
158
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014
