136 / 236
Atul Ltd | Annual Report 2016-17
Note 27.7 Fair value measurements
(continued)
(
`
cr)
iii) Financial assets and liabilities
measured at fair value – recurring
fair value measurements at
March 31, 2016
Note
Level 1
Level 2
Level 3
Total
Financial assets
Financial investments at FVOCI:
Quoted equity instruments
5
337.69
–
–
337.69
Derivatives designated as hedges:
Currency options
–
0.44
–
0.44
Total financial assets
337.69
0.44
–
338.13
Financial liabilities
Derivatives designated as hedges:
Foreign exchange forward contracts
–
1.33
–
1.33
Interest rate swaps
–
0.01
–
0.01
Derivatives not designated as hedges:
Forward contract to hedge buyers credit
–
0.23
–
0.23
Currency swaps
–
2.00
–
2.00
Total financial liabilities
–
3.57
–
3.57
(
`
cr)
iv) Assets and liabilities for which fair
values are disclosed at March 31,
2016
Note
Level 1
Level 2
Level 3
Total
Financial assets
Preference shares
5
–
–
6.43
6.43
Government securities
5
0.01
–
–
0.01
Loans
6
–
–
13.67
13.67
Security deposits for utilities and
premises
7
–
–
3.46
3.46
Finance lease receivable
7
–
–
1.29
1.29
Total financial assets
0.01
–
24.85
24.86
Financial liabilities
Borrowings
15
–
–
300.05
300.05
Security deposits
16
–
–
18.51
18.51
Total financial liabilities
–
–
318.56
318.56
Investment Properties
3
145.00
145.00
Notes
to the Financial Statements