FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 213 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 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 2016 and 31 December 2015: (continued) Group 2015 Level 1 RM'000 Level 2 RM'000 Level 3 RM'000 Total RM'000 Assets Financial assets at fair value through profit or loss: (i) Derivatives - Foreign exchange forward contracts - 1,388 - 1,388 (ii) Trading securities 65,905 - - 65,905 Available-for-sale financial assets 3,510 60,000 251,351 314,861 Total assets 69,415 61,388 251,351 382,154 Liabilities Financial liabilities at fair value through profit or loss: (i) LLA liability - - 4,627,195 4,627,195 (ii) Derivatives - Foreign exchange forward contracts - 590 - 590 - Commodities futures contracts 1,268 - - 1,268 Total liabilities 1,268 590 4,627,195 4,629,053 Disclosures for property, plant and equipment and investment in a joint venture measured at fair value are disclosed at Note 19 and Note 24 respectively. The Company has no financial assets and liabilities that are measured at fair value at 31 December 2016 and 31 December 2015.