ENRA Group Berhad | Annual Report 2022 158 NOTES TO THE FINANCIAL STATEMENTS 31 MARCH 2022 36. FINANCIAL INSTRUMENTS (CONT’D) (c) Fair value hierarchy (Cont’d) The table below analyses other financial instruments at fair value (continued): 2021 Fair value of financial instruments Fair value of financial instruments carried at fair value not carried at fair value Total fair Carrying Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total value amount RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group Financial assets Derivative assets – 553 – 553 – – – – 553 553 Short term funds 1,111 – – 1,111 – – – – 1,111 1,111 Financial liabilities Contingent consideration for business acquisition – – 2,271 2,271 – – – – 2,271 2,271 Derivative liability – 344 – 344 – – – – 344 344 Land entitlement payment – – 13,489 13,489 – – – – 13,489 13,489 RCPS – – – – – – 6,360 6,360 6,360 6,465 Company Financial assets Short term funds 1,111 – – 1,111 – – – – 1,111 1,111 Financial liabilities Derivative liability – 344 – 344 – – – – 344 344
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