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SET
2015
Level 1
Level 2
Level 3
Total
Assets
Current assets
Short-term investments
- Held-to-maturity debt securities
-
1,178,672
-
1,178,672
- General investments
-
26,522
-
26,522
Total current assets
-
1,205,194
-
1,205,194
Non-current assets
Long-term investments
- Held-to-maturity debt securities
-
2,758,925
-
2,758,925
- General investments
-
-
12,336
12,336
Securities Investor Protection Fund
- Held-to-maturity debt securities
-
196,621
-
196,621
Total non-current assets
-
2,955,546
12,336
2,967,882
Total assets
-
4,160,740
12,336
4,173,076
The following table presents SET’s financial assets and liabilities that are not measured at fair value at 31 December 2015.
There was no transfers between Levels 1 and 2 during the year.
Other financial instruments not carried at fair value are
typically short-term in nature and reprice to current market
rate frequently. Accordingly, their carrying amount is a
reasonable approximation of fair value. This includes cash and
cash equivalents, cash at banks for financial benefits payable,
assets for margin deposits and benefits, accounts receivable,
accrued interest receivable, deposits and other benefits in assets
for clearing system protection, deposits and other benefits in
Securities Investor Protection Fund, deposits and other benefits
in Derivatives Investor Protection Fund, accounts payable and
short-term borrowings from subsidiaries.
The management believes that the fair value of the Group’s
financial assets and liabilities does not materially differ from
their carrying value.
Valuation techniques used to derive Level 1
fair values
Available-for-sale securities presented as long-term
investments and Securities Investor Protection Fund. The
fair value of investments is measured by using last bid
price at the close of business on the statement of financial
position date by reference to the Stock Exchange of
Thailand.
Valuation techniques used to derive Level 2
fair values
Available-for-sale securities presented as short-term
investments, long-term investments, Securities Investor
Protection Fund and general investments, which are
short-term. General investments comprise of investments
(Unit : Baht’000)