NOTES TO THE FINANCIAL STATEMENTS Year ended 31 December 2024 41 FINANCIAL INSTRUMENTS (CONT’D) (v) Accounting classifications and fair values (cont’d) Measurement of fair values (cont’d) Level 3 fair values The following table shows a reconciliation from the beginning balances to the ending balances for fair value measurements in Level 3 of the fair value hierarchy: Group Company Unquoted debt investments mandatorily at FVTPL Unquoted equity investments at FVOCI Unquoted equity investments mandatorily at FVTPL Unquoted equity investments at FVOCI $’000 $’000 $’000 $’000 At 1 January 2024 – 426,353 184,489 404,089 Additions – – 45,644 – Distribution of income and return of capital – – (6,170) – Total loss recognised in profit or loss – finance costs – – 17,049 – Total loss for the period included in other comprehensive income – net change in fair value of equity investments at FVOCI – (10,054) – (9,956) Translation differences on consolidation – – 5,183 – At 31 December 2024 – 416,299 246,195 394,133 At 1 January 2023 20,011 432,164 136,713 407,903 Additions – – 78,858 – Distribution of income and return of capital – – (18,446) – Total loss recognised in profit or loss – finance costs (19,650) – (9,601) – Total gain for the period included in other comprehensive income – net change in fair value of equity investments at FVOCI – (5,811) – (3,814) Translation differences on consolidation (361) – (3,035) – At 31 December 2023 – 426,353 184,489 404,089 FINANCIALS CITY DEVELOPMENTS LIMITED 206
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