256 YINSON HOLDINGS BERHAD ACCOUNTABILITY 41. FAIR VALUE MEASUREMENT (a) Fair value hierarchy The following table provides the fair value measurement hierarchy of the Group’s assets and liabilities. Fair value measurement using Group Quoted prices in active market Level 1 RM million Significant observable inputs Level 2 RM million Significant unobservable inputs Level 3 RM million Total RM million At 31 January 2025 Non-financial asset: Investment properties - - 15 15 Financial assets: Interest rate swaps - 342 - 342 Other investments 49 - 14 63 Financial liabilities: Foreign exchange forwards - 1 - 1 Redeemable convertible preference shares - - 54 54 At 31 January 2024 Non-financial asset: Investment properties - - 15 15 Financial assets: Interest rate swaps - 384 - 384 Other investments - - 74 74 Financial liabilities: Foreign exchange forwards - 24 - 24 Interest rate swaps - 28 - 28 The Group and the Company classify fair value measurement using the fair value hierarchy that reflects the significance of the inputs used in making the measurements. The fair value hierarchy has the following levels: Level 1 - Quoted (unadjusted) market prices in active markets for identical assets or liabilities; Level 2 - Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly observable; and Level 3 - Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable. There were no transfers between Levels 1 and 2 and between Levels 2 and 3 during the current financial year.
RkJQdWJsaXNoZXIy NDgzMzc=