FGV Audited Financial Statements 2019

78 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 4 FINANCIAL RISK MANAGEMENT (CONTINUED) (c) Fair value estimation Amounts that are measured in the statement of financial position at fair value are disclosed by the following fair value measurement hierarchy: • Quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1). • Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices) (Level 2). • Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs) (Level 3). The following table presents the Group’s financial assets and liabilities that are measured at fair value at 31 December 2019 and 31 December 2018. Group Level 1 RM’000 Level 2 RM’000 Level 3 RM’000 Total RM’000 2019 Assets Financial assets at fair value through profit or loss: (i) Derivatives - Foreign currency forward contracts - 18,388 - 18,388 (ii) Trading securities 58,940 - - 58,940 Financial assets at fair value through other comprehensive income 3,748 - 103,686 107,434 Total assets 62,688 18,388 103,686 184,762