Dagang NeXchange Berhad Annual Report 2018

30. FINANCIAL INSTRUMENTS (CONTINUED) 30.7 Fair value information The carrying amounts of cash and cash equivalents, short-term receivables and payables and short term borrowings reasonably approximate their fair values due to the relatively short term nature of these financial instruments. The table below analyses financial instruments carried at fair value and those not carried at fair value for which fair value is disclosed, together with their fair values and carrying amounts shown in the statement of financial position. Total Fair value of financial instruments Fair value of financial instruments fair Carrying carried at fair value not carried at fair value value amount Level 1 Level 2 Level 3 Total Level 1 Lev el 2 Level 3 Total Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 2018 Financial assets Other investments: - unquoted shares - 4,633 - - - - - - 4,633 4,633 Financial liabilities Loans and borrowings - - - - - (47,575) - (47,575) (47,575) (47,575) 2017 Financial assets Other investments: - unquoted shares - - - - - - - - # 4,233 Financial liabilities Loans and borrowings - - - - - (20,000) - (20,000) (20,000) (20,000) Company 2018 Financial liabilities Loans and borrowings - - - - - (18,000) - (18,000) (18,000) (18,000) # In the previous financial year, the fair value could not be reliably measured using valuation techniques due to the lack of marketability of the unquoted shares. 174 Dagang NeXchange Berhad Annual Report 2018 Notes to the Financial Statements (CONTINUED)