Atul Ltd 2016-17

Atul Ltd | Annual Report 2016-17 Note 27.7 Fair value measurements (continued) ( ` cr) iii) Financial assets and liabilities measured at fair value – recurring fair value measurements at March 31, 2016 Note Level 1 Level 2 Level 3 Total Financial assets Financial investments at FVOCI: Quoted equity instruments 5 337.69 – – 337.69 Derivatives designated as hedges: Currency options – 0.44 – 0.44 Total financial assets 337.69 0.44 – 338.13 Financial liabilities Derivatives designated as hedges: Foreign exchange forward contracts – 1.33 – 1.33 Interest rate swaps – 0.01 – 0.01 Derivatives not designated as hedges: Forward contract to hedge buyers credit – 0.23 – 0.23 Currency swaps – 2.00 – 2.00 Total financial liabilities – 3.57 – 3.57 ( ` cr) iv) Assets and liabilities for which fair values are disclosed at March 31, 2016 Note Level 1 Level 2 Level 3 Total Financial assets Preference shares 5 – – 6.43 6.43 Government securities 5 0.01 – – 0.01 Loans 6 – – 13.67 13.67 Security deposits for utilities and premises 7 – – 3.46 3.46 Finance lease receivable 7 – – 1.29 1.29 Total financial assets 0.01 – 24.85 24.86 Financial liabilities Borrowings 15 – – 300.05 300.05 Security deposits 16 – – 18.51 18.51 Total financial liabilities – – 318.56 318.56 Investment Properties 3 145.00 145.00 Notes to the Financial Statements