New World Development Company Limited
NOTES TO CONDENSED ACCOUNTS
24
2 Financial risk management and fair value estimation
(continued)
(b) Fair value estimation
(continued)
(ii)
(continued)
The following table presents the changes in level 3 financial instruments for the six months ended 31
December 2015:
Available-
for-sale
financial
assets
Financial
assets at
fair value
through
profit or loss
Derivative
financial
assets
Derivative
financial
liabilities
HK$m HK$m HK$m HK$m
At 1 July 2015
3,732.8
847.0
58.8
(30.1)
Additions
7,395.6
139.7
–
–
Net (loss)/gain recognised in
the condensed consolidated
statement of
comprehensive income/
condensed consolidated
income statement
(8.7)
(11.7)
–
2.8
Disposals
(783.4)
(268.8)
–
–
At 31 December 2015
10,336.3
706.2
58.8
(27.3)
