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Notes to the financial statements
31 December 2014
Bursa Malaysia
•
Annual Report 2014
171
37. Classification of financial instruments (cont’d.)
AFS
HTM
Loans and
receivables
Financial
liabilities at
amortised cost
Total
RM’000
RM’000
RM’000
RM’000
RM’000
Company
At 31 December 2013
Assets
Investment securities
- Shares (quoted equity)
98,584
-
-
-
98,584
- Bonds
26,545
-
-
-
26,545
- Commercial papers
-
9,723
-
-
9,723
125,129
9,723
-
-
134,852
Staff loans receivable
-
-
7,259
-
7,259
Trade receivables
-
-
1,286
-
1,286
Other receivables which are financial assets *
-
-
6,208
-
6,208
Due from subsidiaries
-
-
30,682
-
30,682
Cash and bank balances
-
-
144,759
-
144,759
Total financial assets
125,129
9,723
190,194
-
325,046
Liability
Other payables which are financial liabilities **
-
-
-
7,403
7,403
*
Other receivables which are financial assets include deposits, interest receivables, sundry receivables and allowance for impairment as disclosed in Note 20.
** Other payables which are financial liabilities include sundry payables as disclosed in Note 30.
38. Fair value
(a) Financial instruments that are carried at fair value
AFS financial assets are measured at fair value at different measurement hierarchies (i.e. Level 1, 2 and 3). The hierarchies reflect the level of objectiveness
of inputs used when measuring the fair values.
(i) Level 1: Quoted prices (unadjusted) in active markets for identical assets.
Quoted equity is measured at Level 1. The fair value of quoted equity is determined directly by reference to its published market bid price at the
financial year end.
(ii) Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset, either directly (i.e. prices) or indirectly (i.e. derived
from prices).
Unquoted bonds are measured at Level 2. The fair value of unquoted bonds is determined by reference to the published market bid price of unquoted
fixed income securities based on information provided by Bond Pricing Agency Malaysia Sdn Bhd.