88
STAMFORD LAND CORPORATION LTD
Notes to Financial Statements
13
INVESTMENTS HELD-FOR-TRADING
The table below analyses financial instruments carried at fair value, by valuation method. The different
levels have been defined as follows:
Ŕ
-FWFM
RVPUFE QSJDFT VOBEKVTUFE JO BDUJWF NBSLFUT GPS JEFOUJDBM BTTFUT PS MJBCJMJUJFT
Ŕ
-FWFM
JOQVUT PUIFS UIBO RVPUFE QSJDFT JODMVEFE XJUIJO -FWFM UIBU BSF PCTFSWBCMF GPS UIF
asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices).
Ŕ
-FWFM
JOQVUT GPS UIF BTTFU PS MJBCJMJUZ UIBU BSF OPU CBTFE PO PCTFSWBCMF NBSLFU EBUB
(unobservable inputs).
THE GROUP
2016
2015
$’000
$’000
Level 1
2VPUFE FRVJUZ TFDVSJUJFT
3,347
3,438
Level 2
Debt securities
289
286
Fair value at end of year
3,636
3,724
5IF GBJS WBMVFT PG JOWFTUNFOUT JO RVPUFE FRVJUZ TFDVSJUJFT BSF EFUFSNJOFE CZ SFGFSFODF UP UIFJS RVPUFE
closing bid price in an active market at the measurement date.
5IF GBJS WBMVF PG EFCU TFDVSJUJFT XBT EFUFSNJOFE CZ SFGFSFODF UP UIFJS RVPUFE DMPTJOH CJE QSJDF JO B
non-active market at the measurement date.
