Maxis Berhad | Annual Report 2013

161 OVERVIEW OUR BUSINESS STRATEGIC REVIEW CORPORATE GOVERNANCE FINANCIAL STATEMENTS Maxis Berhad Annual Report 2013 OTHER INFORMATION 33 FINANCIAL RISK MANAGEMENT (CONTINUED) (e) Fair value estimation (continued) (ii) Financial instruments carried at fair value The following table represents the assets and liabilities measured at fair value, using Level 2 valuation technique, at reporting date: GROUP AND COMPANY NOTE 2013 2012 RM’000 RM’000 Derivative financial instruments (CCIRS and IRS): - assets 144,750 28,196 - liabilities (117,128) (398,036) 21 27,622 (369,840) The valuation technique used to derive the Level 2 is disclosed in Note 3(i) to the financial statements. (f) Offsetting financial assets and financial liabilities (i) Financial assets The following financial assets are subject to offsetting, enforceable master netting arrangements and similar arrangements. GROSS NET AMOUNTS OF AMOUNTS OF RECOGNISED FINANCIAL FINANCIAL ASSETS GROSS LIABILITIES PRESENTED AMOUNTS OF SET-OFF IN THE IN THE RELATED AMOUNTS NOT SET-OFF IN RECOGNISED STATEMENT STATEMENT THE STATEMENT OF FINANCIAL POSITION FINANCIAL OF FINANCIAL OF FINANCIAL FINANCIAL CASH COLLATERAL NET ASSETS POSITION POSITION INSTRUMENTS RECEIVED AMOUNT RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group At 31 December 2013 Receivables and deposits 500,076 (116,884) 383,192 – (41,024) 342,168 Amount due from a fellow subsidiary 594 (594) – – – – Amounts due from related parties 8,875 (707) 8,168 – – 8,168 509,545 (118,185) 391,360 – (41,024) 350,336