NOTES TO THE FINANCIAL STATEMENTS
31 December 2014
36. Fair values of financial instruments (cont’d)
(d) Level 3 fair value measurements (cont’d)
The following table shows the impact on the Level 3 fair value measurement of assets that are sensitive to changes
in unobservable inputs that reflect reasonably possible alternative assumptions. The positive and negative effects are
approximately the same.
In order to determine the effect of the above reasonably possible alternative assumptions, the Group adjusted the
rental and occupancy rates based on management’s assumptions by increasing and decreasing the adjustments by 5%,
depending on the variation in market conditions.
31 December 2014
Effect of
reasonably
possible
alternative
assumptions
Carrying amount
Profit or loss
S$’000
S$’000
Recurring fair value measurements
Investment property:
- Workers’ dormitory
2,700
600
31 December 2013
Effect of
reasonably
possible
alternative
assumptions
Carrying amount
Profit or loss
S$’000
S$’000
Recurring fair value measurements
Investment property:
- Workers’ dormitory
7,000
1,231
Hock Lian Seng Holdings Limited
Annual report 2014
96
