ENRA Group Berhad Annual Report 2021

FINANCIAL STATEMENTS & OTHERS Annual Report 2021 | ENRA Group Berhad 171 NOTES TO THE FINANCIAL STATEMENTS 31 MARCH 2021 39. FINANCIAL INSTRUMENTS (cont’d) (c) Fair value hierarchy (Cont’d) The table below analyses other financial instruments at fair value (Cont’d): 2020 Fair value of financial instruments Fair value of financial instruments carried at fair value not carried at fair value Total fair Carrying Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total value amount RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group Financial assets Derivative assets – 225 – 225 – – – – 225 225 Short term funds 23,947 – – 23,947 – – – – 23,947 23,947 Financial liabilities Contingent consideration for business acquisition – – 2,904 2,904 – – – – 2,904 2,904 Land entitlement payment – – 9,450 9,450 – – – – 9,450 9,450 RCPS – – – – – – 5,909 5,909 5,909 6,006 Company Financial assets Derivative assets – 188 – 188 – – – – 188 188 Short term funds 23,154 – – 23,154 – – – – 23,154 23,154