AirAsia Group Berhad - Annual Report 2017

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 (cont’d).

Level 1

RM’mil

Level 2

RM’mil

Level 3

RM’mil

Total

RM’mil

Company

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

–

306

301

588

894

Liabilities

Financial liabilities at fair value through profit or loss

– Trading derivatives

–

108

–

108

Derivatives used for hedging

–

449

–

449

–

557

–

557

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

–

351

1,533

–

1,884

Liabilities

Financial liabilities at fair value through profit or loss

– Trading derivatives

–

148

–

148

Derivatives used for hedging

–

449

–

449

–

597

–

597

[ ]

361

AirAsia Berhad

REPORTS AND FINANCIAL STATEMENTS