NOTES TO THE FINANCIAL STATEMENTS
For the Financial Year Ended 31 December 2014
43 FAIR VALUE OF ASSETS AND LIABILITIES (CONT’D)
E.
Assets and liabilities not carried at fair value but for which fair value is disclosed
The following tables show an analysis of the assets and liabilities not measured at fair value at 31 December 2014 but for
which fair value is disclosed:
Group
2014
$’000
Fair value measurements 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
Carrying
Amount
(Level 1)
(Level 2)
(Level 3)
Assets
Associates
288,830
–
– 288,830
305,042
Liabilities
Fixed rate term loans
–
– 221,558
221,558
219,030
Group
2013
$’000
Fair value measurements 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
Carrying
Amount
(Level 1)
(Level 2)
(Level 3)
Assets
Associates
316,014
–
–
316,014
293,840
Liabilities
Fixed rate term loans
–
–
41,717
41,717
41,022
Fixed rate notes
234,338
–
–
234,338
224,357
Company
2013
$’000
Fair value measurements 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
Carrying
Amount
(Level 1)
(Level 2)
(Level 3)
Liabilities
Fixed rate notes
234,338
–
–
234,338
224,357
162
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014
