Singapore Press Holdings annual report 2011 Singapore Press ...

Notes to the
Financial StatementS
August 31, 2011
163
31. FINANCIAL RISK MANAGEMENT (CONT’D)
(e)
Fair value measurements
The following table presents assets and liabilities measured at fair value and classified by level of the
following fair value measurement hierarchy:
(i) Quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1);
(ii)
(iii)
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 2); and
Inputs for the asset and liability that are not based on observable market data (unobservable
inputs) (Level 3).
Level 1 Level 2 Level 3 Total
S$’000 S$’000 S$’000 S$’000
Group
2011
Assets
Financial assets at fair value
through profit or loss 38,865 10,146 - 49,011
Available-for-sale financial assets 796,032 78,195 59,566 933,793
Derivative financial instruments - 5,105 - 5,105
Total assets 834,897 93,446 59,566 987,909
Liabilities
Derivative financial instruments - (6,802) - (6,802)
2010
Assets
Financial assets at fair value
through profit or loss 38,481 27,205 - 65,686
Available-for-sale financial assets 1,019,414 63,703 53,992 1,137,109
Derivative financial instruments - 4,818 - 4,818
Total assets 1,057,895 95,726 53,992 1,207,613
Liabilities
Derivative financial instruments - (14,389) - (14,389)