My EG Services Berhad Annual Report 2019
ANNUAL REPORT 2019 195 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2019 (CONT’D) FINANCIAL STATEMENTS 51. FINANCIAL INSTRUMENTS (CONT’D) 51.5 Fair Value INFORMATION The fair values of the financial assets and financial liabilities of the Group and of the Company which are maturing within the next 12 months approximated their carrying amounts due to the relatively short-term maturity of the financial instruments. The following table sets out the fair value profile of financial instruments that are carried at fair value and those not carried at fair value at the end of the reporting period:- Fair Value Of Financial Instruments Carried At Fair Value Fair Value Of Financial Instruments Not Carried At Fair Value Total Fair Value Carrying Amount Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 The Group 31.12.2019 Financial Assets Other investments: - unquoted investments - - 34,600 - - - 34,600 34,600 Financing receivables - - - - 319,031 - 319,031 319,031 Short term investments - 1,193 - - - - 1,193 1,193 Financial Liabilities Term loans - - - - 137,749 - 137,749 137,749 Revolving credit - - - - 21,100 - 21,100 21,100 Block discounting - - - - 17,152 - 17,152 17,152
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