FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 181 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 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 2017 and 31 December 2016: Group 2017 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 currency forward contracts - 6,875 - 6,875 - Islamic profit rate swap - 717 - 717 (ii) Trading securities 49,321 - - 49,321 Available-for-sale financial assets 77,413 - 86,873 164,286 Total assets 126,734 7,592 86,873 221,199