65 AUDITED FINANCIAL STATEMENTS 2021 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 4 FINANCIAL RISK MANAGEMENT (CONTINUED) (c) Fair value estimation (continued) The following table presents the Group’s financial assets and liabilities that are measured at fair value at 31 December 2021 and 31 December 2020: Group Level 1 Level 2 Level 3 Total RM’000 RM’000 RM’000 RM’000 2021 Assets Financial assets at fair value through profit or loss: (i) Derivatives – Foreign currency forward contracts – 1,978 – 1,978 – Commodities futures contracts 1,561 – – 1,561 (ii) Trading securities 79,136 – – 79,136 Financial assets at fair value through other comprehensive income 2,975 – 198,594 201,569 Total assets 83,672 1,978 198,594 284,244 Liabilities Financial liabilities at fair value through profit or loss: (i) LLA liability – – 3,804,790 3,804,790 (ii) Derivatives – Foreign currency forward contracts – 653 – 653 – Islamic profit rate swap – 3,571 – 3,571 – Commodities futures contracts 3,096 – – 3,096 Total liabilities 3,096 4,224 3,804,790 3,812,110 2020 Assets Financial assets at fair value through profit or loss: (i) Derivatives – Foreign currency forward contracts – 9,561 – 9,561 – Commodities futures contracts 4,500 – – 4,500 (ii) Trading securities 68,201 – – 68,201 Financial assets at fair value through other comprehensive income 3,566 – 140,685 144,251 Total assets 76,267 9,561 140,685 226,513 Liabilities Financial liabilities at fair value through profit or loss: (i) LLA liability – – 4,213,824 4,213,824 (ii) Derivatives – Foreign currency forward contracts – 929 – 929 – Islamic profit rate swap – 10,163 – 10,163 Total liabilities – 11,092 4,213,824 4,224,916
RkJQdWJsaXNoZXIy NDgzMzc=