114
Cordlife Group Limited
Annual Report 2016
Notes to
The Financial Statements
for the financial year ended 30 June 2016
38. Fair value of assets and liabilities (cont’d)
(d)
Assets and liabilities not carried at fair value but for which fair value is disclosed
The following tables show an analysis of assets and liabilities not measured at fair value at the end of the
reporting period but for which fair value is disclosed:
Fair value measurements at the end
of the reporting period using
Quoted
prices
Significant
in active
observable Significant
markets for inputs other
un-
identical
than quoted observable
Carrying
instruments
prices
inputs
Total
Amount
(Level 1)
(Level 2)
(Level 3)
$’000
$’000
$’000
$’000
$’000
Group
2016
Recurring fair value measurements
Assets
- Leasehold building (Note 12)
–
7,040
–
7,040
8,677
Assets as at 30 June 2016
–
7,040
–
7,040
8,677
2015
Assets
- Investment in associate (Note 11)
- Leasehold building (Note 12)
9,838
–
–
6,065
–
–
9,838
6,065
13,543
5,156
Assets as at 30 June 2015
9,838
6,065
–
15,903
18,699
Company
2016
Recurring fair value measurements
Assets
- Leasehold building (Note 12)
–
5,810
–
5,810
5,066
Assets as at 30 June 2016
–
5,810
–
5,810
5,066
2015
Recurring fair value measurements
Assets
- Investment in associate (Note 11)
- Leasehold building (Note 12)
9,838
–
–
6,065
–
–
9,838
6,065
13,543
5,156
Assets as at 30 June 2015
9,838
6,065
–
15,903
18,699
Determination of fair value
Leasehold building
The valuation of leasehold building is based on comparable market transactions that consider sales of
similar properties that have been transacted in the open market.
