Singapore Airlines 2012 Annual Report Download - page 176

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174 SINGAPORE AIRLINES
Notes to the Financial Statements
31 March 2012
37฀ Financial฀Instruments฀(in฀$฀million)฀(continued)
(b) Fair values
Financial instruments carried at fair value
The following table shows an analysis of financial instruments carried at fair value by level of fair value hierarchy:
The Group
31 March
2012 2011
Quoted Quoted
prices in prices in
active Significant active Significant
markets for other markets for other
identical observable identical observable
instruments inputs instruments inputs
(Level 1) (Level 2) (Level 1) (Level 2)
Financial assets:
Available-for-sale investments
Quoted investments
- Government securities 4.1 - 8.9 -
- Equity investments 32.8 - 34.3 -
- Non-equity investments 232.0 - 14.7 -
Unquoted investments
- Government securities - 307.5 - 339.9
- Non-equity investments - 159.6 - -
Derivative assets
Currency hedging contracts - 21.3 - 2.5
Fuel hedging contracts - 46.7 - 54.2
Interest rate cap contracts - 3.9 - 17.6
268.9 539.0 57.9 414.2
Financial liabilities:
Derivative liabilities
Currency hedging contracts - 15.5 - 57.3
Fuel hedging contracts - 0.6 - -
Cross currency swap contracts - 50.9 - 63.3
Interest rate swap contracts - 11.9 - 15.3
- 78.9 - 135.9