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 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
29,578
–
–
– 29,578
Cash and cash
equivalents
8
889
–
–
–
889
30,467
–
–
– 30,467
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
–
–
(6,758)
– (6,758)
Security deposits
payable
–
–
(36)
–
(36)
–
– (593,476)
– (593,476)
* Excludes security deposits receivable and prepayments
^
Excludes rent received in advance
#
Designated at fair value through profit or loss
140
ParkwayLife REIT
Annual Report 2015
