40. Financial risk management policies (cont’d.)
(e) Fair value measurement (cont’d.)
The following table presents the Group’s and Company’s assets and liabilities that are measured at fair value.
Level 1
RM’mil
Level 2
RM’mil
Level 3
RM’mil
Total
RM’mil
Group
31 December 2017
Assets
Financial assets at fair value through profit or loss
– Trading derivatives
–
261
–
261
Derivatives used for hedging
–
327
–
327
Available-for-sale financial assets
301
–
5
306
301
588
5
894
Liabilities
Financial liabilities at fair value through profit or loss
– Trading derivatives
–
92
–
92
Derivatives used for hedging
–
54
–
54
–
146
–
146
31 December 2016
Assets
Financial assets at fair value through profit or loss
– Trading derivatives
–
425
–
425
Derivatives used for hedging
–
1,108
–
1,108
Available-for-sale financial assets
351
–
6
357
351
1,533
6
1,890
Liabilities
Financial liabilities at fair value through profit or loss
– Trading derivatives
–
148
–
148
Derivatives used for hedging
–
449
–
449
–
597
–
597
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017
[ ]
AirAsia Berhad
REPORTS AND FINANCIAL STATEMENTS
360