Fair values of financial INSTRUMENTS
FOR THE YEAR ENDED 30 JUNE 2018
The group uses the following hierarchy for determining and disclosing the fair value inputs of financial instruments:
Level 1 – quoted prices in an active market that are unadjusted for identical assets or liabilities;
Level 2 – valuation techniques using inputs, which are directly or indirectly observable; and
Level 3 – valuations based on data that is not observable (not applicable to the group).
The values of all other financial instruments recognised, but not subsequently measured at fair value, approximate fair value.
|R’000||30 June 2018
|30 June 2017
|Assets measured at fair value|
|Available-for-sale investments||262 003||229 376|
|Other investments||7 568||24 098|
|269 571||253 474|