Ni Hsin Berhad Annual Report 2018

23. Financial instruments (continued) 23.7 Fair value information The carrying amounts of cash and cash equivalents, short term receivables and payables and short term borrowings reasonably approximate their fair values due to the relatively short term nature of these financial instruments. The tables below analyses other financial instruments at fair value. Fair value of financial instruments carried at Fair value of financial instruments not Total fair Carrying fair value carried at fair value value amount Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group 2018 Financial assets Investments in club memberships - 128 - 128 - - - - 128 128 Other investments 11,967 - - 11,967 - - - - 11,967 11,967 Financial liabilities Finance lease liabilities - - - - - - (481) (481) (481) (490) 2017 Financial assets Investments in club memberships - 128 - 128 - - - - 128 128 Other investments 3,570 - - 3,570 - - - - 3,570 3,570 Notes to the financial statements (continued) Annual Report 2018 95