MISC Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS 279 Financial Statements 36. FAIR VALUE DISCLOSURES (CONT'D.) Fair value information (cont'd.) Fair value of financial instruments not carried at fair value Note  Level 1   Level 2   Level 3   Total  Carrying amount RM'000 RM'000 RM'000 RM'000 RM'000 Group At 31 December 2017 Financial assets: Non-current unquoted equity investments 18(a) -  -  *   *   45,552  Long term receivables 18(a) -  -  104,182  104,182  128,481  Finance lease receivables 18(d) -  -  13,470,279 13,470,279 13,862,350  -  -  13,574,461 13,574,461 14,036,383  Financial liabilities: Term loans  18(c) -  (475,795) -  (475,795) (840,125) At 31 December 2016 Financial assets : Loans to a joint venture 18(a) -  47,729  -  47,729  47,887  Non-current unquoted equity investments 18(a) -  -  *   *   53,269  Long term receivables 18(a) -  -  118,798  118,798  150,812  Finance lease receivables 18(d) -  -  12,769,803 12,769,803 13,454,226  -  47,729 12,888,601 12,936,330 13,706,194 Financial liabilities: Term loans  18(c) -  (1,630,687) -  (1,630,687) (1,740,784) * The unquoted equity investments are measured at cost since they do not have a quoted market price in an active market and the fair value cannot be reliably measured.