KUB Malaysia Berhad Annual Report 2021

37. FAIR VALUE OF FINANCIAL INSTRUMENTS (cont’d) Fair value hierarchy The Group classifies fair value measurement using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. The fair value hierarchy has the following levels: • Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities; • Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices); and • Level 3 - Inputs for the asset or liability that are not based on observable market data (unobservable inputs). There have been no transfers between the fair value hierarchy during the financial period ended 30 June 2021 and financial year ended 31 December 2019. Categories of financial instruments: Group Company 30.6.2021 31.12.2019 30.6.2021 31.12.2019 RM’000 RM’000 RM’000 RM’000 Financial assets At amortised costs: Finance lease receivables (Note 17) 1,309 1,692 - - Trade and other receivables 31,462 42,589 474 1,756 Amount due from subsidiaries (Note 23) - - 1,944 7,871 Cash and bank balances (Note 25) 423,108 145,627 308,269 47,919 At FVTOCI: Other investments - investment in quoted shares (Note 20) 5,195 5,339 5,195 5,339 At FVTPL: Other investments - investment in unquoted shares (Note 20) 1,429 1,657 1,429 1,657 Group Company 30.6.2021 31.12.2019 30.6.2021 31.12.2019 RM’000 RM’000 RM’000 RM’000 Financial liabilities At amortised costs: Trade and other payables (Note 26) 48,640 58,824 1,923 9,326 Lease liabilities (Note 17) 3,383 3,122 1,235 - Amount due to subsidiaries (Note 23) - - 589 715 Borrowings (Note 27) 38,714 104,202 - 116 Refundable cylinder deposits (Note 26) 43,361 40,382 - - At FVTPL: Derivative financial liabilities (Note 29) 18 21 - - NOTES TO THE FINANCIAL STATEMENTS 130 KUB MALAYSIA BERHAD