NOTES TO THE FINANCIAL STATEMENTS
For The Financial Period From 1 January 2014 To 31 March 2015 (Cont’d)
120
Annual Report 2015
45. FINANCIAL INSTRUMENTS (CONT’D)
45.4 FAIR VALUE INFORMATION
Other than those disclosed below, the fair values of the financial assets and financial liabilities maturing within the next 12 months
approximated their carrying amounts due to the relatively short-termmaturity of the financial instruments. These fair values are determined
by discounting the relevant cash flows at rates equal to the current market interest rate plus appropriate credit rating, where necessary.
The fair values are included in level 2 of the fair value hierarchy.
Fair Value Of Financial Instruments Fair Value Of Financial Instruments
Total
Carried At Fair Value
Not Carried At Fair Value
Fair
Carrying
Level 1 Level 2 Level 3
Level 1 Level 2 Level 3
Value Amount
The Group
RM’000 RM’000 RM’000
RM’000 RM’000 RM’000
RM’000
RM’000
31.3.2015
Financial Assets
Trade receivables (non-current)
–
–
–
–
6,582
–
6,582
6,582
Other investment:
- club membership
–
110
–
–
–
–
110
110
Financial Liabilities
Trade financing
–
–
–
–
28,813
–
28,813
28,813
Hire purchase payable
–
–
–
–
108
–
108
108
Term financing
–
–
–
–
15,814
–
15,814
15,814
Term loans
–
–
–
–
89,624
–
89,624
89,624
31.12.2013
Financial Assets
Other investment:
- club membership
–
110
–
–
–
–
110
110
Financial Liabilities
Trade financing
–
–
–
–
16,536
–
16,536
16,536
Hire purchase payable
–
–
–
–
130
–
130
130
Term loans
–
–
–
–
134,929
–
134,929 134,929
