Page 336 - Full Book_24.4.2021

NOTES TO THE
FINANCIAL STATEMENTS

for the financial year ended 31 december 2020 (continUed)

51 FAIR VALUE OF FINANCIAL INSTRUMENTS (CONTINUED)
the following table presents the changes in level 3 instruments for the financial year ended 31 december 2020 for the Group:
Group
RM’000
Financial assets at FVOCI 341,697
at 1 January 2019
inteGrated annUal rePort 2020 disposal (15,842)
Purchases
205,844
Gains recognised in profit or loss
20,020
– investment income – realised
Gains recognised in other comprehensive income
– net change in fair value (unrealised)
17,114
at 31 december 2019/1 January 2020
100,000
Purchases 568,833
disposal (4,111)
330 Gains recognised in profit or loss
– investment income - realised 28,309
Gains recognised in other comprehensive income 702,682
– net change in fair value (unrealised)
9,651
bimb holdinGS berhad 199701008362 (423858-X) the following table shows the valuation techniques used in the determination of fair values within level 3, as well as the key
at 31 december 2020

unobservable inputs used in the valuation models.
Financial instruments carried at fair value
(a)
Financial assets measured at FVOCI

significant unobservable
inputs and fair value
Significant Inter-relationship between
Type Valuation technique unobservable inputs measurement
Unquoted shares net tangible assets net tangible assets higher net tangible assets
results in higher fair value
institutional trust discounted cash flows 4.58% (2019: 4.58%) the estimated fair value would
account using market profit rate for increase (decrease)
a similar instrument at the if the discount rate were
measurement date (lower) higher