FGV Audited Financial Statements 2019

79 01 S E C T I O N NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 AUDITED FINANCIAL STATEMENTS 2019 4 FINANCIAL RISK MANAGEMENT (CONTINUED) (c) Fair value estimation (continued) Group Level 1 RM’000 Level 2 RM’000 Level 3 RM’000 Total RM’000 2019 Liabilities Financial liabilities at fair value through profit or loss: (i) LLA liability - - 4,316,146 4,316,146 (ii) Derivatives - Foreign currency forward contracts - 11 - 11 - Islamic profit rate swap - 5,166 - 5,166 - Commodities futures contracts 29,255 - - 29,255 Total liabilities 29,255 5,177 4,316,146 4,350,578 2018 Assets Financial assets at fair value through profit or loss: (i) Derivatives - Foreign currency forward contracts - 3,706 - 3,706 - Islamic profit rate swap - 561 - 561 (ii) Trading securities 46,055 - - 46,055 Financial assets at fair value through other comprehensive income 3,590 - 82,634 86,224 Total assets 49,645 4,267 82,634 136,546