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Annual Report
2015
34. Fair value
34.1 Fair value estimation
The fair value of the financial instruments are defined into the following three different levels by valuation method as follows:
• Quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1).
• Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly
(that is, as prices) or indirectly (that is, derived from prices) (Level 2).
• Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs) (Level 3).
The following table presents the Group’s financial assets and liabilities that are measured at fair value at 31 December 2015.
Consolidated
2015
Level 1
Level 2
Level 3
Total
Assets
Current assets
Short-term investments
- Trading securities
-
2,797,737
-
2,797,737
- Available-for-sales
-
1,387,778
-
1,387,778
- Held-to-maturity debt securities
-
701,841
-
701,841
Total current assets
-
4,887,356
-
4,887,356
Non-current assets
Long-term investments
- Available-for-sales
1,005,978
5,509,264
-
6,515,242
Assets for clearing system protection and benefits
- Trading securities
-
647,101
-
647,101
Securities Investor Protection Fund
- Available-for-sales
36,057
77,439
-
113,496
Total non-current assets
1,042,035
6,233,804
-
7,275,839
Total assets
1,042,035 11,121,160
- 12,163,195
(Unit : Baht’000)