112 / 132
Fair Value
30 June 2017
Notes
Carrying
Value
$’000
Level 1
$’000
Level 2
$’000
Level 3
$’000
Total
$’000
Non-financial assets
Designated at fair value
Leasehold improvements -
infrastructure assets
7(c) 3,232,992
-
- 3,232,992 3,232,992
Plant & equipment -
infrastructure assets
7(c)
676,164
-
- 676,164 676,164
Total non-financial assets
3,909,156
-
- 3,909,156 3,909,156
Financial assets
Loans and receivables
Trade and other receivables 6(b)
72,688
-
-
-
72,688
Cash and cash equivalents 6(a)
108,236
-
-
- 108,236
Total financial assets
180,924
-
-
- 180,924
Financial liabilities
Fair value - hedging instruments
Foreign exchange contracts 11(a)
19
-
-
-
19
Other financial liabilities
Interest bearing liabilities
6(d)
514,673
-
-
- 514,673
Trade payables
6(c)
80,701
-
-
-
80,701
Total financial liabilities
595,393
-
-
- 595,393
30 June 2016
Non-financial assets
Designated at fair value
Infrastructure assets
7(c) 3,349,009
-
- 3,349,009 3,349,009
Plant & equipment -
infrastructure assets
7(c)
675,835
-
- 675,835 675,835
Total non-financial assets
4,024,844
-
- 4,024,844 4,024,844
Financial assets
Fair value - hedging instruments
Foreign exchange contracts 11(a)
38
-
38
-
38
Loans and receivables
Trade and other receivables 6(b)
64,807
-
-
-
64,807
Cash and cash equivalents 6(a)
107,461
-
-
- 107,461
Total financial assets
172,306
-
38
- 172,306
Financial liabilities
Other financial liabilities
Interest bearing liabilities
6(d)
644,131
-
-
- 644,131
Trade payables
6(c)
82,001
-
-
-
82,001
Total financial liabilities
726,132
-
-
- 726,132
110
NOTE 11
FINANCIAL RISK MANAGEMENT (CONTINUED)
(d) Fair value measurements (continued)
(i) Fair value hierarchy and accounting classification (continued)