2012 Annual Report - ZTE

ANNUAL REPORT 2012Notes to Financial Statements(Prepared under Hong Kong Financial Reporting Standards)31 December 201254. FAIR VALUE AND FAIR VALUE HIERARCHY (continued)Assets measured at fair value:GroupAs at 31 December 2012Level 1 Level 2 Level 3 TotalRMB’000 RMB’000 RMB’000 RMB’000Available-for-sale investments 38,420 — — 38,420Equity investment at fair valuethrough profit or loss 44,919 — — 44,919Derivative financial instruments — 61,378 — 61,37883,339 61,378 — 144,717As at 31 December 2011Level 1 Level 2 Level 3 TotalRMB’000 RMB’000 RMB’000 RMB’000Equity investment at fair valuethrough profit or loss 87,180 — — 87,180Derivative financial instruments — 8,438 — 8,43887,180 8,438 — 95,618CompanyAs at 31 December 2012Level 1 Level 2 Level 3 TotalRMB’000 RMB’000 RMB’000 RMB’000Equity investment at fair valuethrough profit or loss 44,919 — — 44,919Derivative financial instruments — 9,389 — 9,38944,919 9,389 — 54,308As at 31 December 2011Level 1 Level 2 Level 3 TotalRMB’000 RMB’000 RMB’000 RMB’000Equity investment at fair valuethrough profit or loss 87,180 — — 87,18087,180 — — 87,180During the year, there were no transfers of fair value measurements between Level 1 and Level 2 and notransfers into or out of Level 3 (2011: Nil).425