CAHYA MATA SARAWAK ANNUAL REPORT 2016

181 Cahya Mata Sarawak Berhad A N N U A L R E P O R T 2 0 1 6 Section 07 Financial StatementS NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2016 40. FAIR VALUE MEASUREMENTS (CONT'D.) (b) Financial instruments and non-financial assets carried at fair value The following tables provide an analysis of financial instruments and non-financial assets carried at fair values at the reporting date analysed by the various levels within the fair value hierarchy: Level 1 Level 2 Level 3 Total RM’000 RM’000 RM’000 RM’000 Group 31 December 2016 Financial assets Income debt securities fund - 5,062 - 5,062 Equity instruments 4,600 - - 4,600 4,600 5,062 - 9,662 31 December 2015 Financial assets Income debt securities fund - 64,053 - 64,053 Equity instruments 34,063 - - 34,063 34,063 64,053 - 98,116 Company 31 December 2016 Financial assets Income debt securities fund - 5,062 - 5,062 Equity instruments 4,600 - - 4,600 4,600 5,062 - 9,662 31 December 2015 Financial assets Income debt securities fund - 64,053 - 64,053 Equity instruments 34,063 - - 34,063 34,063 64,053 - 98,116 The Group and the Company recognise transfers between levels of the fair value hierarchy at the end of the reporting period during which the transfer has occurred. The fair value of an asset to be transferred between levels is determined as of the date of the event or change in circumstances that caused the transfer. There were no transfers between Level 1 and Level 2 of the fair value hierarchy during the financial year (2015: Nil).