Annual Report 2017

169 37. Financial instruments - Forward foreign exchange contracts At 31 December 2017, the Company has financial instruments, which their latest settlement date of forward foreign exchange contracts will be on 28 February 2018. The amount of the outstanding contracts as at 31 December 2017 and 2016 to be paid are: The net fair values of forward foreign exchange contracts at the balance sheets date were: The fair value of forward foreign exchange contracts is in Level 2. They are measured based on foreign exchange rate comparing with Thai Baht announced by the Bank of Thailand which input that are observable. (Unit: Baht’000) (Unit: Baht’000) Consolidated SET 2017 2016 2017 2016 US Dollar currency 682,807 - 682,807 - Consolidated SET 2017 2016 2017 2016 Forward foreign exchange contracts - with positive fair values 9,106 - 9,106 -