CITIC LIMITED
Notes to the Consolidated Financial Statements
For the six months ended 30 June 2016
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32 Financial risk management and fair values
(continued)
(e) Fair values
(continued)
(i) Financial instruments carried at fair value
(continued)
As at 30 June 2016
Level 1
Level 2
Level 3
Total
HK$ million HK$ million HK$ million HK$ million
Assets
Financial assets at fair value
through profit or loss
4,157
70,093
35
74,285
Derivative financial assets
34
26,936
6
26,976
Available-for-sale financial assets
54,447
492,381
18,152
564,980
58,638
589,410
18,193
666,241
Liabilities
Derivative financial liabilities
(13)
(31,960)
(874)
(32,847)
As at 31 December 2015
Level 1
Level 2
Level 3
Total
HK$ million
HK$ million
HK$ million
HK$ million
Assets
Financial assets at fair value
through profit or loss
4,713
35,597
81
40,391
Derivative financial assets
20
16,485
4
16,509
Available-for-sale financial assets
57,070
417,381
18,911
493,362
61,803
469,463
18,996
550,262
Liabilities
Derivative financial liabilities
(1)
(16,566)
(908)
(17,475)
During the six months ended 30 June 2016, there were no significant transfers between
instruments in different levels (six months ended 30 June 2015: Nil) and no significant changes
in valuation techniques for determining the fair values of the instruments (six months ended 30
June 2015: Nil).