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Fima Corporation Berhad
(21185-P)
financial statements
158
NOTES TO THE FINANCIAL STATEMENTS
34. FINANCIAL INSTRUMENTS
(a)
Classification of financial instruments
The fair value measurement hierarchies used to measure assets and liabilities carried at fair value in the statements of
financial position as at 31 March 2017 are as follows:
Level 1 -
the fair value is measured using quoted prices (unadjusted) in active markets for identical assets or
liabilities
Level 2 -
the fair value is measured using inputs other than quoted prices included within Level 1 that are observable
for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices)
Level 3 -
the fair value is measured using inputs for the asset or liability that are not based on observable market
data (unobservable inputs)
The following table presents the Group’s and the Company’s other financial assets that are measured at fair value as at 31
March 2017 and 31 March 2016.
Group
Company
Date of
Level 3
Level 3
Valuation
RM’000
RM’000
As at 31 March 2017
Assets Disclosed at Fair Value:
Investment properties (Note 13)
31 March 2017
63,010
51,010
As at 31 March 2016
Assets Disclosed at Fair Value:
Investment properties (Note 13)
31 March 2016
63,850
51,850