NOTES TO THE FINANCIAL STATEMENTS
For the Financial Year Ended 31 December 2014
43 FAIR VALUE OF ASSETS AND LIABILITIES (CONT’D)
D.
Level 3 fair value measurements (cont’d)
ii)
Movements in Level 3 assets and liabilities measured at fair value
The following table presents the reconciliation for all assets and liabilities measured at fair value based on significant
unobservable inputs (Level 3):
Group
2014
$’000
Fair value measurement using significant
unobservable inputs (Level 3)
Available-for-
sale financial
assets
Property,
plant and
equipment
Unquoted
equity
securities
Land and
buildings
Total
At 1 January
–
16,586
16,586
Total gains or losses for the period
included in other comprehensive income
–
1,503
1,503
Transfer in
–
163
163
Depreciation
–
(292)
(292)
Additions
–
117
117
Sale of a subsidiary
–
(613)
(613)
Exchange adjustment
–
(320)
(320)
At 31 December
–
17,144
17,144
Total gains or losses for the period included in
Other comprehensive income:
– Net surplus on revaluation of land and buildings
–
1,503
1,503
160
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014
