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Atul Ltd | Annual Report 2016-17
Note 29.7 Fair value measurements
(continued)
(
`
cr)
iii) 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 Investment at FVPL:
Mutual funds
11
2.05
–
–
2.05
Financial Investments at FVOCI:
Quoted equity instruments
6
337.78
–
–
337.78
Derivatives designated as hedges:
Currency options
–
0.44
–
0.44
Total financial assets
339.83
0.44
–
340.27
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
Biological assets
Tissue culture raised date palms
–
8.49
–
8.49
Total biological assets
–
8.49
–
8.49
(
`
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
Investments:
Preference shares
6
–
–
6.43
6.43
Government securities
6
0.01
–
–
0.01
Loans
7
–
–
9.40
9.40
Security deposits for utilities and
premises
8
–
–
1.39
1.39
Total financial assets
0.01
–
17.22
17.23
Financial liabilities
Borrowings
17
–
–
314.20
314.20
Security deposits
18
–
–
21.32
21.32
Total financial liabilities
–
–
335.52
335.52
Investment properties
3
–
–
145.00
145.00
Notes
to the Consolidated Financial Statements