Integrated Annual Report 2019

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.

Assets measured at fair value, at level 1
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