EXCEL FORCE MSC BERHAD Annual Report 2017

110 30. Financial Instruments (cont’d) (c) Fair value of financial instruments (cont’d) (ii) Fair value hierarchy (cont’d) The table below analyses financial instruments carried at fair value and those not carried at fair value for which fair value is disclosed, together with their fair values and carrying amounts shown in the statements of financial position. Total Fair value of financial Fair value of financial instruments Total carrying instruments carried at fair value not carried at fair value fair value amount Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total RM RM RM RM RM RM RM RM RM RM Group 2017 Financial asset Short term funds 14,734,445 - - 14,734,445 - - - - 14,734,445 14,734,445 2016 Financial asset Short term funds 15,882,729 - - 15,882,729 - - - - 15,882,729 15,882,729 Notes To The Financial Statements 31 December 2017 (cont’d)