Page 337 - Bank-Muamalat-Annual-Report-2021
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ANNUAL REPORT 2021 335
SUSTAINABILITY STATEMENT OUR GOVERNANCE OUR NUMBERS OTHER INFORMATION
47. fAIR vALue MeAsuReMeNTs (cONT’D.)
(a) financial and non-financial instruments measured at fair value (cont’d.)
Determination of fair value and the fair value hierarchy (cont’d.)
valuation technique using;
Quoted Observable unobservable
Market Price Inputs Inputs
Bank Level 1 Level 2 Level 3 Total
2020 RM’000 RM’000 RM’000 RM’000
Non-financial assets
Investment properties - - 55,889 55,889
financial assets
Financial investments
designated at fair value through profit or loss - 10,492 302,845 313,337
Financial investments at FVOCI 101,944 3,689,923 4,631 3,796,498
Derivative financial assets - 47,820 - 47,820
Total financial assets measured at fair value 101,944 3,748,235 307,476 4,157,655
financial liabilities
Derivative financial liabilities - 167,334 - 167,334
Total financial liabilities measured at fair value - 167,334 - 167,334
Reconciliation of financial assets at fair value measurements in Level 3 of the fair value hierarchy:
Group and Bank
2021 2020
rM’000 rM’000
At 1 January 2021 307,476 304,353
Gain recognised in profit or loss 2,101 9,007
Sales - (2,818)
Foreign exchange translation difference 6,044 (3,066)
At 31 December 2021 315,621 307,476
Total gain recognised in profit or loss for financial instruments
measured at fair value at the end of the financial year 2,101 9,007
