Republic Bank Limited
132
For the year ended September 30, 2015. Expressed in thousands of Trinidad and Tobago dollars ($’000) except where otherwise stated
Notes to theConsolidatedFinancial Statements
4
Financial
23 FAIR VALUE
(continued)
23.2 Fair value and fair value hierarchies
23.2.1 Determination of fair value and fair value hierarchies
The following table shows the fair value measurement hierarchy of the Group’s assets and liabilities:
Level 1
Level 2
Level 3
Total
2015
Financial assets measured at fair value
Investment securities
3,512,848
4,572,636
8,908
8,094,392
Financial assets for which fair value
is disclosed
Advances
–
32,806,167
–
32,806,167
Financial liabilities for which fair value
is disclosed
Customers’ current, savings and
deposit accounts
–
49,729,973
–
49,729,973
Debt securities in issue
–
1,292,125
–
1,292,125
2014
Financial assets measured at fair value
Investment securities
3,437,232
4,814,325
8,825
8,260,382
Financial assets for which fair value
is disclosed
Advances
–
27,258,579
–
27,258,579
Financial liabilities for which
fair value is disclosed
Customers’ current, savings and
deposit accounts
–
43,774,832
–
43,774,832
Debt securities in issue
–
1,244,434
–
1,244,434
