Notes to The
Financial Statements
Year ended 31 December 2015
24 Financial instruments (Cont’d)
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
$’000
$’000
$’000
$’000
$’000 $’000 $’000 $’000 $’000
Trust
31 December 2015
Financial assets
measured at
fair value
Forward foreign
exchange contracts
–
2,641
–
–
2,641
– 2,641
– 2,641
Cross currency interest
rate swap used for
hedging
–
–
–
6
6
–
6
–
6
6
–
2,641
–
6 2,647
Financial assets not
measured at
fair value
Trade and other
receivables*
7
9,390
–
–
–
9,390
Cash and cash
equivalents
8
427
–
–
–
427
9,817
–
–
–
9,817
Financial liabilities
measured at
fair value
Interest rate swaps
used for hedging
–
–
–
(3,045)
(3,045)
– (3,045)
– (3,045)
Forward foreign
exchange contracts
–
(412)
–
–
(412)
– (412)
– (412)
6
–
(412)
–
(3,045)
(3,457)
Financial liabilities
not measured at
fair value
Loans and borrowings 10
–
– (589,398)
– (589,398)
Trade and other
payables
^
9
–
–
(6,691)
– (6,691)
Security deposits
payable
–
–
(3)
–
(3)
–
– (596,092)
– (596,092)
* Excludes security deposits receivable and prepayments
^
Excludes rent received in advance
#
Designated at fair value through profit or loss
139
ParkwayLife REIT
Annual Report 2015
