i) Valuation techniques used to derive Level 1 fair values
The fair value of nancial instruments recognised under Level 1 are measured based on the active market value, determined in this case by
the value a third party is willing to pay for the assets (refer note 14a).
ii) Valuation techniques used to derive Level 3 fair values
The fair value of nancial instruments that are not traded in an active market are determined using valuation techniques. These valuation
techniques maximise the use of observable market data where it is available and rely as little as possible on entity specic estimates.
If one or more of the signicant inputs is not based on observable market data, the instrument is included in level 3.
Notes to the Financial Statements
| Annual Report 2018