AGS Transact Technologies Limited

Annexure VI: Notes to the Revised Restated Consolidated Financial Information

Note 46

Financial instruments — Fair values and risk management

 

 

 

 

 

 

 

31. March 2019 Carrying amount Fair value
Amortised cost FVIPL, Fvoct ‘Total Level 1 Level 2 Level 3 Towa

‘Nom current nancial assets

Other non-curent financial assets 659.1 : 659.31 ” 659.31 2 659.1

Current financial assets

‘Trade and unbilled receivables 5,614.85 : 5,614.85 - - : :

Cash, cash equivalents and other bank "381.06 - 381.06 . - - -

balances

(Other financial asses 138.70 138.70 zs z a Z

6793.92 5 z 5793.92 5 C931 5 aa

[Non-current financial abilities

Borrowings (including current 3.21661 - 3,216.61 : 3.21661 : 3,216.61

‘maturities of long term boreowings)

Lease liabilities 3,566.46 : 3,566.46 “ 3,566.46 3,566.46

Other financial Habiliies 65.04 : 65.04 : 65.04 _ 65.04

‘Current financial liabilities

Borrowings 2,859.09 : : 2,959.09 : : : :

Lease lables 141087 1410.87 : - 1410.87 141087

‘Trade payables 3,692.97 2 3,692.97 - 2 Z

(Other financial Habiliies 486.36 496.36 2 2 “ e
15,297.40 5 7 15,297.40 z 320165 EXED 3258.98,

"Notes:

 

4. The fir value of cash and cash equivalents, other bank balances, curren trade and unbilled receivables, trade payables approximated thelr carrying value largely due to short term maturities ofthese instruments

'b, Measurement of fale values: The Group uses the following hierarchy for determining and disclosing the fair value of financial instruments by val

  

jon technique

Level 1: Quoted (unadjusted) prices in active markets for identical assets or abies
= Level : Other techniques for which all inputs which havea significant effect on the recorded fair value are observable, ether directly ot indirectly

= Level 3: Techniques which use inputs that havea significant effect onthe recorded fair value that are not based on observable market data

‘The fllowing table shows the valuation techniques used in measuring Level 2 and Level 3 fai values, as wells the significant unobservable inputs use.

‘Type

Valuation technique

 

Forward contracts

Long term borrowings

Lease liabilities

Long term financial assets

lnvestments in CPS.

"The fale Value ofthe forward contract is determined with reference (othe forward exchange rate applicable as ofthe reporting date For the residual maturity ofthe contract being valued

‘The fair value of Long term borrowing is determined using discounted cash flow analysis. The valuation model considers the present value of expected receipt/payment discounted using
appropriate discounting rates,

‘The fair value of lease Habllities is determined using discounted cash flow analy
appropriate discounting rates,

 

is. The valuation model considers the present value of expected receiptipayment discounted using

   

‘The fair value of Long term finan
appropriate discounting rates.

assets is determined using discounted cash flow analysis. The valuation model considers the present value of expected receipt discounted using

  

‘The fair value of investments in CCPS fs based on the fair value of the underlying investments held by the investee company. Certain investments are valued following the income
approach valued by using discounted cash flows method and other investments valued by using the market approach using the valuation multiple of comparable global listed companis

With similar business operations.

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