Sasbadi Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS 130 SASBADI HOLDINGS BERHAD (1022660-T) I BER AD (10 2 60-T) 23. Financial instruments (continued) 23.7 Fair value information The carrying amounts of cash and cash equivalents, short term receivables and payables and short term borrowings reasonably approximate their fair values due to the relatively short term nature of these financial instruments. The fair values of other financial assets and liabilities, together with the carrying amounts shown in the statement of financial position, are as follows: Fair value of financial instruments carried at fair value Fair value of financial instruments not carried at fair value Total fair value Carrying amount Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 2017 Financial assets Available-for-sale financial assets 334 - 37 371 - - - - 371 371 Financial liabilities Finance lease liabilities - - - - - - 145 145 145 130 Term loans - - - - - - 25,285 25,285 25,285 24,194 - - - - - - 25,430 25,430 25,430 24,324 2016 Financial assets Available-for-sale financial assets 330 - 37 367 - - - - 367 367 Financial liabilities Finance lease liabilities - - - - - - 290 290 290 248 Term loans - - - - - - 13,997 13,997 13,997 10,389 - - - - - - 14,287 14,287 14,287 10,637