Notes to the Financial Statements
(Cont’d)
For the year ended 30 April 2015
(In Singapore Dollars)
ANNUAL REPORT 2015
96
BUILDING ON OUR EXTENSIVE NETWORK
37. Fair value of financial instruments
(a)
Fair value of financial instruments that are carried at fair value
The following table shows an analysis of financial instruments carried at fair value by level of fair
value hierarchy:
Note
Quoted prices
in active
markets for
identical
instruments
(Level 1)
Significant
other
observable
inputs
(Level 2)
Significant
unobservable
inputs
(Level 3)
$’000
$’000
$’000
Group
2015
Financial assets
Forward currency contracts
18
–
188
–
Interest rate swap
18
–
41
–
Financial liabilities
Forward currency contracts
18
–
(51)
–
Interest rate swap
18
–
(3)
–
2014
Financial liabilities
Forward currency contracts
18
–
(207)
–
Interest rate swap
18
–
(58)
–
Company
2015
Financial liabilities
Forward currency contracts
18
–
(3)
–
2014
Financial liabilities
Forward currency contracts
18
–
(79)
–
