Issue link: http://itf.uberflip.com/i/1122517
Fair values The fair values for each class of financial assets and financial liabili es together with their carrying amounts shown in the balance sheet are as follows: Financial assets Held at amor sed cost Cash and cash equivalents Trade receivables Other receivables and accrued income Held at fair value through profit or loss Financial assets at FVPL Deriva ve financial instruments - cash flow hedges Total financial assets Financial liabili es Held at amor sed cost Trade payables Other payables Other taxa on and social security Provisions Accruals Deriva ve financial instruments - cash flow hedges Total financial liabili es Recurring fair value measurements Financial assets Financial assets at fair value through profit or loss Hedging deriva ves - foreign currency forwards Financial liabili es Hedging deriva ves - foreign currency forwards There were no transfers between hierarchy levels. Level 1 - financial instruments traded in ac ve markets is based on quoted market prices. Level 2 - financial instruments not traded in an ac ve market determined using valua on techniques maximising the use of observable market data. For the foreign currency forwards observable market data is the present value of future cash flows based on the forward exchange rates at the balance sheet date. Level 3 - if one or more significant inputs is not based on observable market data. Carrying amount 2018 $000 28,749 8,453 4,251 60,280 - 101,733 Carrying amount 2018 $000 2,368 141 732 519 10,974 1,630 16,634 Fair value hierarchy Level 1 Level 2 Level 2 Fair value 2018 $000 28,749 8,453 4,251 60,280 - 101,733 Fair value 2018 $000 2,368 141 732 519 10,974 1,630 16,634 2018 $000 60,280 - 60,280 1,630 Carrying amount 2017 $000 14,169 12,866 3,715 68,637 1,199 100,586 Carrying amount 2017 $000 2,056 423 589 519 9,700 - 13,287 Fair value hierarchy Level 1 Level 2 Level 2 Fair value 2017 $000 14,169 12,866 3,715 68,637 1,199 100,586 Fair Value 2017 $000 2,056 423 589 519 9,700 - 13,287 2017 $000 68,637 1,199 69,836 - ITF ANNUAL REPORT AND FINANCIAL STATEMENTS / 31 Notes (Forming part of the financial statements) 34. FINANCIAL INSTRUMENTS (CONTINUED)