Fair values of financial instruments

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.

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R‘000     Half-year
ended
31 December
2018
Reviewed
Level 1
      Half-year
ended
31 December
2017
Unaudited
Level 1
Year
ended
30 June
2018
Audited
Level 1
 
Assets measured at fair value                  
Financial assets measured at fair value through other comprehensive income (2017: available-for-sale investments)     264 096       223 876 262 003  
Other investments     7 772       21 559 7 568  
      271 868       245 435 269 571