CQUniversity Annual Report - Central Queensland University

CQUniversity ANNUAL REPORT 2012Note 41. Financial risk management (continued)(d) Fair value of financial assets and liabilities (continued)ConsolidatedNotesFinancial assetsNon-traded financial assetsAvailable for sale financial assets 21Unlisted shares 21Central Queensland Universityand Controlled EntitiesNotes to the Financial Statementsfor the year ended 31 December 2012Fair value measurements recognised in the balance sheet are categorised into the following fair valuehierarchy that reflects the significance of the inputs used in making these measurements:Level 1 - fair values that reflect unadjusted quoted prices in active markets for identical assets/liabilities;Level 2 - fair values that are based on inputs that are directly or indirectly observable for the asset/liability (other than unadjustedquoted prices); andLevel 3 - fair values that are derived from data not observable in a market.31 Dec 2012 Level 1 Level 2 Level 3$'000 $'000 $'000 $'00030,886 30,886 - -1,813 - - 1,81332,699 30,886 - 1,81367ANNUAL FINANCIAL STATEMENTSNotesFinancial assetsNon-traded financial assetsAvailable for sale financial assets 21Unlisted shares 2131 Dec 2011 Level 1 Level 2 Level 3$'000 $'000 $'000 $'00035,500 35,500 - -1,553 - - 1,55337,053 35,500 - 1,553ParentNotesFinancial assetsNon-traded financial assetsAvailable for sale financial assets 21Unlisted shares 2131 Dec 2012 Level 1 Level 2 Level 3$000 $000 $000 $00030,886 30,886 - -2,750 - - 2,75033,636 30,886 - 2,750NotesFinancial assetsNon-traded financial assetsAvailable for sale financial assets 21Unlisted shares 2131 Dec 2011 Level 1 Level 2 Level 3$'000 $'000 $'000 $'00035,500 35,500 - -1,553 - - 1,55337,053 35,500 - 1,553Reconciliation of movements of financial assets categorised as level 3 has been disclosed in Note 21 - Available for sale financialassets.