FGV Annual Report 2014

4 Financial Risk Management (continued) (c) Fair value estimation (continued) (iii) Financial instruments in Level 3 The following table present the changes in recurring Level 3 financial instruments during the financial year: 2014 2013 RM’000 RM’000 LLA liability At 1 January 4,844,390 5,664,769 Fair value changes charged/(credited) to profit or loss 115,240 (494,485) Repayment during the year (336,401) (325,894) Additional land acquired during the year 57,600 – At 31 December 4,680,829 4,844,390 2014 2013 RM’000 RM’000 (Restated) Available for sale financial assets At 1 January, as restated 201,032 – Acquisition of a subsidiary – 201,032 Fair value gains transferred to available-for-sale reserves 17,807 – At 31 December 218,839 201,032 (d) Offsetting financial assets and financial liabilities There are no offsetting of financial assets and financial liabilities during the year for the Group and Company. Felda Global Ventures Holdings Berhad pg 210 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2014