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.
Download (EXCEL) |
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 |
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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 |