Asus 2015 Annual Report Download - page 277

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non-financial instruments at the consolidated balance sheets. The pricing and inputs
information used during valuation are carefully assessed and adjusted based on current
market conditions.
D. GLOBALWAFERS CO., LTD. has been listed on the OTC from September 25, 2015,
therefore, the Company has transferred the fair value from Level 2 to Level 1 at the end of
month when the event occurred. For the year ended December 31, 2014, there was no transfer
between Level 1 and Level 2.
E. The following chart is the movement of Level 3:
F. There was no transfer into or out from Level 3 during the years ended December 31, 2015 and
2014.
G. The investment segment is in charge of valuation procedures for fair value measurements
being categorized within Level 3, which is to verify independent fair value of financial
instruments. Such assessment is to ensure the valuation results are reasonable by applying
independent information to make results close to current market conditions, confirming the
source of information is independent, reliable and in line with other resources and any other
necessary adjustments to the fair value.
The investment segment cooperatively set up valuation policies, valuation processes and rules
for measuring fair value of financial instruments and investment property and ensure
compliance with the related requirements in IFRS.
Equity instruments Debt instruments Total
January 1 372$ 7,575$ 7,947$
Liquidation 372)( - 372)(
December 31 -$ 7,575$ 7,575$
Equity instruments Debt instruments Total
January 1 372$ -$ 372$
Acquisitions - 7,575 7,575
December 31 372$ 7,575$ 7,947$
For the year ended December 31, 2015
For the year ended December 31, 2014