Datasonic Group Berhad Annual Report 2021

2021 ANNUAL REPORT 189 48. FINANCIAL INSTRUMENTS (CONT’D) 48.4 FAIR VALUE INFORMATION The fair values of the financial assets and financial liabilities of the Group and of the Company which are maturing within the next 12 months approximated their carrying amounts due to the relatively short-term maturity of the financial instruments or repayable on demand terms. The following table sets out the fair value profile of financial instruments that are carried at fair value and those not carried at fair value at the end of the financial year:- 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 Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 2021 Financial Assets Trade receivables (non-current) - - - - 5,294 - 5,294 5,294 Other investment: - club membership - 110 - - - - 110 110 Short-term investments 31,449 - - - - - 31,449 31,449 Financial Liabilities Term financing - - - - 4,693 - 4,693 4,693 Term loans - - - - 47,033 - 47,033 47,033 2020 Financial Assets Trade receivables (non-current) - - - - 5,533 - 5,533 5,533 Other investment: - club membership - 110 - - - - 110 110 Short-term investments 27,409 - - - - - 27,409 27,409 Financial Liabilities Term financing - - - - 5,997 - 5,997 5,997 Term loans - - - - 57,784 - 57,784 57,784 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2021 (CONT’D)