EXCEL FORCE MSC BERHAD Annual Report 2017

111 30. Financial Instruments (cont’d) (c) Fair value of financial instruments (cont’d) (ii) Fair value hierarchy (cont’d) Total Fair value of financial Fair value of financial instruments Total carrying instruments carried at fair value not carried at fair value fair value amount Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total RM RM RM RM RM RM RM RM RM RM Company 2017 Financial assets Short term funds 14,734,445 - - 14,734,445 - - - - 14,734,445 14,734,445 Amount due from a subsidiary company - - - - - - 1,600,000 1,600,000 1,600,000 1,382,376 2016 Financial assets Short term funds 15,882,729 - - 15,882,729 - - - - 15,882,729 15,882,729 Amount due from a subsidiary company - - - - - - 2,400,000 2,400,000 2,400,000 2,093,947 Notes To The Financial Statements 31 December 2017 (cont’d)