FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 189 01 02 05 03 07 06 04 08 09 ANNUAL INTEGRATED REPORT 2018 EXAMINED OUR NUMBERS 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 2018, 31 December 2017 and 1 January 2017: Group 31.12.2018 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 - 3,706 - 3,706 - Islamic profit rate swap - 561 - 561 (ii) Trading securities 46,055 - - 46,055 Financial assets at fair value through other comprehensive income 3,590 - 82,634 86,224 Total assets 49,645 4,267 82,634 136,546