Fair values of financial instruments
for the year ended 30 June 2019
The group uses the following hierarchy for determining and disclosing the fair value inputs of financial instruments
Level 1 – quoted prices in an active market that are unadjusted for identical assets or liabilities
Level 2 – valuation techniques using inputs, which are directly or indirectly observable; and
Level 3 – valuations based on data that is not observable (not applicable to the Group).
The values of all other financial instruments recognised, but not subsequently measured at fair value, approximate fair value.
| R'000 | 30 June 2019 Reviewed Level 1 |
30 June 2018 Audited Level 1 |
|||||
|---|---|---|---|---|---|---|---|
| Assets measured at fair value | |||||||
| Financial assets measured at fair value through other comprehensive income (2018: available-for-sale investments) | 317 795 | 262 003 | |||||
| Other investments | 3 354 | 7 568 | |||||
| 321 149 | 269 571 |