Cathay Pacific 2014 Annual Report Download - page 95

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ANNUAL REPORT 2014
93Notes to the Financial Statements Supplementary Information
31. Financial risk management (continued)
The movement during the year in the balance of Level 3 fair value measurements is as follows:
Group
HK$M
Company
HK$M
Investments at fair value – unlisted
At 1st January 2014 1,085 994
Additions 78 78
Disposals (9) (9)
Net unrealised gains or losses recognised in other comprehensive
 income during the year 42 49
At 31st December 2014 1,196 1,112
Group
HK$M
Company
HK$M
Investments at fair value – unlisted
At 1st January 2013 1,151 1,046
Net unrealised gains or losses recognised in other comprehensive
 income during the year (66) (52)
At 31st December 2013 1,085 994
(g) Offsetting financial assets and financial liabilities
2014
Gross amounts
of recognised
financial assets/
liabilities
HK$M
Gross amounts of
recognised
financial assets/
liabilities offset in
the statement of
financial position
HK$M
Net amounts of
financial assets/
liabilities
presented in the
statement of
financial position
HK$M
Financial
instruments
not offset in
the statement
of financial
position
HK$M
Net amount
HK$M
Group
Derivative financial
 assets 3,269 – 3,269 (1,667) 1,602
Related pledged
 security deposits 720 (720) – – –
Obligations under
 finance leases (720) 720 – – –
Derivative financial
 liabilities (15,038) – (15,038) 1,667 (13,371)
(11,769) – (11,769) – (11,769)