137 / 236
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