Investor Presentaiton
HKAS 1.51(a)
HKAS 1.49
HK Listco Ltd
HKFRS 13.93(b)
HKFRS 13.93(c),
93(e)(iv)
Financial statements for the year ended 31 December 2023
Recurring fair value measurements162
Fair value at 31
December 2023
$'000
Fair value measurements as at
31 December 2023 categorised into
Level 1
$'000
Level 2
$'000
Assets:
Trading securities
58,331
58,331
Non-trading listed securities
7,823
7,823
Units in bond funds
16,466
16,466
Unlisted equity securities
5,040
Derivative financial instruments:
- Interest rate swaps
1,664
- Forward exchange contracts
1,057
253
1,664
804
Liabilities:
Derivative financial instruments:
- Interest rate swaps
- Forward exchange contracts
- Conversion option embedded in
convertible notes
128
40
172
128
40
Fair value measurements as at
31 December 2022 categorised into
Level 3
$'000
Fair value at 31
December 2022
$'000
Level 1
$'000
58,020
6,710
58,020
6,710
15,176
15,176
5,040
4,950
172
Level 2
$'000
1,489
2,124
659
1,489
1,465
52
20
171
Level 3
$'000
4,950
20
52
2522
171
During the years ended 31 December 2022 and 2023, there were no transfers between Level 1 and Level 2, or transfers into or out of Level 3. The group's policy is to
recognise transfers between levels of fair value hierarchy as at the end of the reporting period in which they occur. 166
186
© 2023 KPMG, a Hong Kong partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved.View entire presentation