Atul Ltd 2016-17

135 Note 27.7 Fair value measurements (continued) ( ` cr) v) Financial assets and liabilities measured at fair value – recurring fair value measurements at April 01, 2015 Note Level 1 Level 2 Level 3 Total Financial assets Financial investments at FVPL: Preference shares 5 – – 2.40 2.40 Financial investments at FVOCI: Quoted equity instruments 5 376.09 – – 376.09 Unquoted equity instruments – – 0.03 0.03 Derivatives designated as hedges: Foreign exchange forward contracts – 0.01 – 0.01 Currency options – 0.27 – 0.27 Total financial assets 376.09 0.28 2.43 378.80 Financial liabilities Derivatives designated as hedges: Foreign exchange forward contracts – 0.45 – 0.45 Interest rate swaps – 0.11 – 0.11 Total financial liabilities – 0.56 – 0.56 ( ` cr) vi) Assets and liabilities for which fair values are disclosed at April 01, 2015 Note Level 1 Level 2 Level 3 Total Financial assets Investments: Preference shares 5 5.81 5.81 Government securities 5 0.01 – – 0.01 Loans 6 – – 12.18 12.18 Security deposits for utilities and premises 7 – – 3.59 3.59 Finance lease receivable 7 – – 1.42 1.42 Total financial assets 0.01 – 23.00 23.01 Financial Liabilities Borrowings 15 – – 275.14 275.14 Security deposits 16 – – 14.93 14.93 Total financial liabilities – – 290.07 290.07 Investment properties 3 130.00 130.00 There were no transfers between any levels during the year. Notes to the Financial Statements