BT 2015 Annual Report Download - page 184

182 BT Group plc
Annual Report 2015
,QYHVWPHQWV
At 31 March
2015
£m
2014
£m
Non-current assets
Available-for-sale 36 25
air value throuh profit or loss 8 9
44 34
Current assets
Available-for-sale 3,133 1,774
Loans and receivables 390 –
 
Loans and receivables are held on balance sheet at amortised cost and this approximates fair value. Loans and receivables consist of investments in
ter deposits denoinated in terlin of 0 011 nil and in U Dollars of 0 011 nil.
)DLUYDOXHKLHUDUFK\
At 31 March 2015
Level 1
£m
Level 2
£m
Level 3
£m
Total held at
fair value
£m
1RQFXUUHQWDQGFXUUHQWLQYHVWPHQWV
Available-for-sale investments 26 3,133 10 3,169
air value throuh profit or loss 8 – – 8
7RWDO 34  10 
At 31 March 2014
Level 1
£m
Level 2
£m
Level 3
£m
Total held at
fair value
£m
1RQFXUUHQWDQGFXUUHQWLQYHVWPHQWV
Available-for-sale investments 18 1,774 7 1,799
air value throuh profit or loss 9 – – 9
7RWDO 27  7
The three levels of valuation methodology used are:
Level 1 – uses quoted prices in active markets for identical assets or liabilities
Level 2 – uses inputs for the asset or liability other than quoted prices, that are observable either directly or indirectly
Level 3 – uses inputs for the asset or liability that are not based on observable market data, such as internal models or other valuation method.
evel  balances classified as available-for-sale consist of investents in liuidit funds denoinated in terlin of  011 1
and in uros of 9 011 nil.
evel  balances consist of available-for-sale investents of 10 011  which represent investents in a nuber of private copanies.
n the absence of specific aret data these investents are held at cost adusted as necessar for ipairents which approiates to fair value.
 ain of  was reconised in the incoe stateent in respect of evel  assets disposed of durin 011 011 nil.