NOTES TO THE
FINANCIAL STATEMENTS
Year ended 31 December 2014
24 FINANCIAL INSTRUMENTS (CONT’D)
Determination of fair values
The carrying amounts and fair values of financial assets and liabilities, including their levels in the fair value
hierarchy are as follows. It does not include fair value information for financial assets and liabilities not measured
at fair value if the carrying amount is a reasonable approximation of fair value.
Carrying amount
Fair value
Note
Loans and
receivables
Designated
at fair value
#
Other
financial
liabilities
Fair value
– hedging
instruments
Total
carrying
amount Level 1 Level 2 Level 3 Total
Group
$’000
$’000 $’000
$’000 $’000 $’000 $’000 $’000 $’000
31 December 2014
Financial assets
measured at
fair value
Forward foreign
exchange
contracts
–
6,402
–
–
6,402
– 6,402
– 6,402
Cross currency
interest rate
swap used for
hedging
–
–
– 4,511
4,511
– 4,511
– 4,511
6
–
6,402
– 4,511 10,913
Financial assets
not measured
at fair value
Trade and other
receivables*
7
9,744
–
–
–
9,744
Cash and cash
equivalents
8 146,406
–
–
– 146,406
156,150
–
–
– 156,150
Financial
liabilities
measured at
fair value
Interest rate swaps
used for hedging 6
–
–
– (2,629)
(2,629)
– (2,629)
– (2,629)
Financial
liabilities not
measured at
fair value
Loans and
borrowings
10
–
– (586,682)
– (586,682)
Trade and other
payables
^
9
–
– (15,970)
–
(15,970)
Security deposits
payable (net)
–
– (12,849)
–
(12,849)
–
– (615,501)
– (615,501)
* Excludes security deposits receivable and prepayments
^
Excludes rent received in advance
#
Designated at fair value through profit or loss
141
A N N U A L R E P O R T 2 0 1 4
