Annual Report 2017

166 Annual Report 2017 35. Fair value 35.1 Fair value estimation The fair value of the financial instruments are defined into the following three different levels by valuation method as follows: • Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities. • Level 2: 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 3: Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs). The following table presents the Group’s financial assets and liabilities that are measured at fair value at 31 December 2017. Consolidated 2017 Level 1 Level 2 Level 3 Total - Trading securities - 9,589,519 - 9,589,519 - Available-for-sales 1,190,134 6,742,158 - 7,932,292 Total 1,190,134 16,331,677 - 17,521,811 Consolidated 2017 Level 1 Level 2 Level 3 Total - Held-to-maturity debt securities 8,093,142 - 8,093,142 - General investments - 10,047 12,361 22,408 Total - 8,103,189 12,361 8,115,550 SET 2017 Level 1 Level 2 Level 3 Total - Trading securities - 3,351,602 - 3,351,602 - Available-for-sales 1,190,134 6,742,158 - 7,932,292 Total 1,190,134 10,093,760 - 11,283,894 (Unit: Baht’000) (Unit: Baht’000) (Unit: Baht’000) The following table presents the Group’s financial assets and liabilities that are not measured at fair value at 31 December 2017.