FGV Annual Report 2017

FELDA GLOBAL VENTURES HOLDINGS BERHAD FINANCIAL STATEMENTS 182 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 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 2017 and 31 December 2016: (continued) 2017 Level 1 RM’000 Level 2 RM’000 Level 3 RM’000 Total RM’000 Liabilities Financial liabilities at fair value through profit or loss: (i) LLA liability - - 4,393,280 4,393,280 (ii) Derivatives - Foreign currency forward contracts - 497 - 497 - Commodities futures contracts 542 - - 542 Total liabilities 542 497 4,393,280 4,394,319 Group 2016 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 - 80 - 80 - Commodities futures contracts 5,409 - - 5,409 (ii) Trading securities 58,322 - - 58,322 Available-for-sale financial assets 66,699 - 247,542 314,241 Total assets 130,430 80 247,542 378,052