122
122
SINGAPORE SHIPPING CORPORATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2016
26. FINANCIAL INSTRUMENTS (CONTINUED)
(g) Accounting classification and fair values
The carrying amounts and fair values of financial assets and financial liabilities, including their levels
in the fair value hierarchy are as follows. It does not include fair value information for financial assets
and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation
of fair value.
Carrying amount
Fair value
The Group
Note
Held
for trading
Fair value -
hedging
instruments
Loans
and
receivables
Other
financial
liabilities Total
Level 1 Level 2 Level 3 Total
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
2016
Financial assets
measured at fair value
Financial assets held for
trading
16
92
–
–
–
92
92
–
–
92
92
–
–
–
92
Financial assets
not measured at fair
value
Trade and other
receivables
15
–
–
4,001
–
4,001
Cash and cash equivalents 17
–
–
13,160
–
13,160
–
–
17,161
–
17,161
