FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 190 FGV HOLDINGS BERHAD EXAMINED OUR NUMBERS 4 FINANCIAL RISK MANAGEMENT (CONTINUED) (c) Fair value estimation (continued) Group 31.12.2018 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 - - 4,328,008 4,328,008 (ii) Derivatives - Foreign currency forward contracts - 630 - 630 - Commodities futures contracts 6,915 - - 6,915 Total liabilities 6,915 630 4,328,008 4,335,553 31.12.2017 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