Page 213 - UBP - IR2020

FINANCIAL STATEMENTS
Notes to the financial statements
For the year ended June 30 2020
2019
Financial assets at fair value through other comprehensive income Financial assets at fair value through profit & loss
Financial assets at fair value through other comprehensive income Financial assets at fair value through profit & loss
Other available-for-sale investments at cost
THE GROUP
THE COMPANY
Level 1 Rs’000
- 2 556
Level 1 Rs’000
- - THE GROUP
Level 2 Rs’000
- - Level 3 Rs’000
11 877 11 741
Total Rs’000
11 877 14 297
Total Rs’000
11 877 11 332 2019
Rs’000
4 125 1 735
THE COMPANY
Level 2 Rs’000
- - Level 3 Rs’000
11 877 11 332 2020
Rs’000
- - Movement in fin level 3 financial assets 2019
Rs’000
43 978 Disposal - Net unrealised changes in fin in fair value of financial assets/available-for- sale investments At June 30 There were no transfer between levels during the year under review (2019: nil) Valuation techniques
Unlisted equity investments classified as as level 3 (20 360) 23 618
UBP INTEGRATED REPORT 2020
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The The Group Group invests in in in in in companies which are not not quoted in in in in in an an an active market market Transaction in in in in in such investments do not not occur on on on on a a a a a a a a a a a a a a a regular basis The The Group Group uses a a a a a a a a a a a a a a market market based valuation technique for these positions Prior to to the the the the financial year 2019
certain certain of of the the the the unquoted investments were stated at at cost
since their fair value could not be reliably ascertained due to to the the the absence of of a a a a a a a a a a a a a a a market and track records for such similar instruments At July 01 THE GROUP
THE COMPANY
2019
Rs’000
44 498 - (21 289) 23 209
2020
Rs’000
23 618
(9 851) (691)
13
076
2020
Rs’000
23 209
(9 609) (691)
12 909
FINANCIAL CAPITAL CORPORATE MANAGEMENT STATEMENTS
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