11. Fair
values
Carrying
amounts and fair values
The
following table shows the carrying amounts and fair values of assets and liabilities measured or disclosed at fair value, including their
levels in the fair value hierarchy (as defined in note 2.22 of the 2023 Annual Report). It does not include fair value information for
financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value,
such as cash and cash equivalents, restricted cash, trade receivables and trade payables.
Fair
values measurement
| |
|
Carrying
amount |
|
Fair
value |
| |
|
|
|
Level
1 |
|
Level
2 |
|
Level
3 |
|
Total |
| June
30, 2024 |
|
|
|
|
|
|
|
|
|
|
| |
|
Financial
assets |
|
|
|
|
|
|
|
|
| Financial
assets measured at fair value |
|
|
|
|
|
|
|
|
|
|
| Non-current
portion of fair value of derivative financial instruments |
|
484 |
|
— |
|
484 |
|
— |
|
484 |
| Current
portion of fair value of derivative financial instruments |
|
776 |
|
— |
|
776 |
|
— |
|
776 |
| |
|
1,260 |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
Financial
liabilities |
|
|
|
|
|
|
|
|
| Financial
liabilities not measured at fair value |
|
|
|
|
|
|
|
|
|
|
| Long-term
borrowings |
|
69,925 |
|
— |
|
71,904 |
|
— |
|
71,904 |
| Financial
liabilities |
|
2,800 |
|
— |
|
2,800 |
|
— |
|
2,800 |
| |
|
72,725 |
|
|
|
|
|
|
|
|
11. Fair
values (continued)
| |
|
Carrying
amount |
|
Fair
value |
| |
|
|
|
Level
1 |
|
Level
2 |
|
Level
3 |
|
Total |
| December 31,
2023 |
|
|
|
|
|
|
|
|
|
|
| |
|
Financial
assets |
|
|
|
|
|
|
|
|
| Financial
assets measured at fair value |
|
|
|
|
|
|
|
|
|
|
| Non-current
portion of fair value of derivative financial instruments |
|
495 |
|
— |
|
495 |
|
— |
|
495 |
| Current
portion of fair value of derivative financial instruments |
|
808 |
|
— |
|
808 |
|
— |
|
808 |
| |
|
1,303 |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
Financial
liabilities |
|
|
|
|
|
|
|
|
| Financial
liabilities not measured at fair value |
|
|
|
|
|
|
|
|
|
|
| Long-term
borrowings |
|
52,620 |
|
— |
|
54,107 |
|
— |
|
54,107 |
| |
|
52,620 |
|
|
|
|
|
|
|
|
Measurement
of fair values
Valuation
techniques and significant unobservable inputs
The
following tables show the valuation techniques used in measuring Level 1, Level 2 and Level 3 fair values, as well as the significant
unobservable inputs used.
Valuation
techniques and significant unobservable inputs
| Financial
instruments measured at fair value |
|
|
|
|
| |
|
|
|
|
| Type |
|
Valuation
Techniques |
|
Significant
unobservable inputs |
| |
|
|
|
|
| Derivative
financial instruments: |
|
|
|
|
| Interest
Rate Swap |
|
Discounted
cash flow |
|
Discount
rate |
| |
|
|
|
|
| |
|
|
|
|
| |
|
|
|
|
| Financial
instruments not measured at fair value |
|
|
|
|
| Asset
and liabilities not measured at fair value |
|
|
|
|
| Type |
|
Valuation
Techniques |
|
Significant
unobservable inputs |
| |
|
|
|
|
| Long-term
borrowings |
|
Discounted
cash flow |
|
Discount
rate |
Transfers
between Level 1, 2 and 3
There
have been no transfers between Level 1, Level 2 and Level 3 during the period.
|