208
Ascott Residence Trust
Annual Report 2015
Notes to the Financial Statements
Year ended 31 December 2015
33 Fair value of assets and liabilities
(continued)
(b) Accounting classifications and fair values
(continued)
Carrying amount
Fair value
Note
Designated
at fair value
$’000
Fair value –
hedging
instruments
$’000
Loans and
receivables
$’000
Other
financial
liabilities
$’000
Total
$’000
Level 1
$’000
Level 2
$’000
Level 3
$’000
Total
$’000
Trust
31 December 2014
Financial assets
measured at fair value
Financial derivatives
9
353
–
–
–
353
–
353
–
353
Financial assets
not measured at fair value
Trade and other receivables*
12
–
– 1,973,472
– 1,973,472
Cash and cash equivalents
14
–
–
50,618
–
50,618
–
– 2,024,090
– 2,024,090
Financial liabilities
measured at fair value
Financial derivatives
9
–
(10,441)
–
–
(10,441)
–
(10,441)
–
(10,441)
Financial liabilities
not measured at fair value
Secured bank loans
15
–
–
– (390,651)
(390,651)
Unsecured bank loans
15
–
–
–
(83,304)
(83,304)
Intra-group financial guarantees
15
–
–
–
(602)
(602)
Trade and other payables
^
16
–
–
– (596,530)
(596,530)
–
–
– (1,071,087) (1,071,087)
* Excluding prepayments.
^
Excluding advance rental and liability for employee benefits.
