notes to the financial statements
for the financial year ended 31 December 2014 (Continued)
11 AVAILABLE-FOR-SALE FINANCIAL ASSETS (CONTINUED)
Unquoted shares
in Malaysia
Quoted shares
in Malaysia
Total
RM’000
RM’000
RM’000
Group
2013
At cost
1,050
-
1,050
At fair value
-
22
22
1,050
22
1,072
Market value of quoted investments
-
22
22
The Group’s investment in unquoted shares do not have a quoted market price in an active market and a fair value cannot be reliably measured. As such, this investment
is measured at cost instead of fair value.
12 DERIVATIVE FINANCIAL ASSETS/(LIABILITIES)
Contract/notional
amount
Assets
RM’000
Liabilities
RM’000
Group
2014
Current
Non-hedging derivatives
Financial liabilities at fair value through profit or loss - Forward currency contracts
USD39,387,412
-
(4,135)
Financial assets at fair value through profit or loss - Interest rate cap
USD35,000,000
1
-
2013
Current
Non-hedging derivatives
Financial assets/(liabilities) at fair value through profit or loss - Forward currency contracts
USD31,137,085
73
(938)
Non-current
Non-hedging derivatives
Financial assets at fair value through profit or loss - Interest rate caps
USD115,000,000
32
-
The Company did not hold any derivative financial instruments as at 31 December 2014 (2013: Nil).
115
Wah Seong Corporation Berhad • Annual Report 2014
