NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
144
THE STRAITS TRADING COMPANY LIMITED
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
2014
$’000
(Restated)
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:
Held-for-trading financial assets (note 22)
Equity securities
Quoted equity securities
54,994
–
– 54,994
Quoted bonds
23,705
–
– 23,705
Available-for-sale financial assets (note 22)
Equity securities
Quoted equity securities
202,488
–
– 202,488
Financial assets as at 31 December 2014
281,187
–
– 281,187
Non-financial assets:
Land and buildings (note 15)
–
–
17,312
17,312
Investment properties (note 16)
–
–
399,763 399,763
Non-current assets held for sale (note 25)
–
–
42,317
42,317
Non-financial assets as at 31 December 2014
–
–
459,392 459,392
Liabilities measured at fair value
Financial liabilities:
Derivatives (note 23)
Forward currency contracts
–
2,142
–
2,142
Forward commodity contracts
–
160
–
160
Interest rate swap contracts
–
21
–
21
Total derivatives
–
2,323
–
2,323
Financial liabilities as at 31 December 2014
–
2,323
–
2,323
