Yinson Annual Report 2020

301 Annual Report 2020 40. Fair value measurement (continued) (b) Financial instruments that are not carried at fair value and whose carrying amounts are reasonable approximation of fair value (continued) Financial guarantees Fair value is determined based on probability weighted discounted cash flow method. The probability has been estimated and assigned for the following key assumptions: - The likelihood of the guaranteed party defaulting within the guarantee period; - The exposure on the portion that is not expected to be recovered due to the guaranteed party’s default; and - The estimated loss exposure if the party guaranteed were to default. The Company has assessed the financial guarantee contracts and concluded that the financial impact of the guarantees is not material as the probability of crystallisation is remote. 41. Financial instruments by category Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Financial assets Financial assets measured at fair value through profit or loss - Interest rate swaps (Note 37) - 893 - - - Other investments (Note 22) 202,332 72,226 3,482 - 202,332 73,119 3,482 - Financial assets at amortised costs - Finance lease receivables (Note 33(a)) 1,549,229 15,637 - - - Trade and other receivables (Note 24) 499,836 429,196 1,611,915 1,081,465 - Cash and bank balances (Note 26) 1,276,190 1,217,279 69,153 9,480 3,325,255 1,662,112 1,681,068 1,090,945 Total 3,527,587 1,735,231 1,684,550 1,090,945