Page 242 - Tata_Chemicals_yearly-reports-2021-22

Integrated Annual Report 2021-22

(b) Fair value hierarchy
All assets and liabilities for which fair value is measured or disclosed in the Standalone Financial Statements are categorised within
the fair value hierarchy, described as follows:
Level 1 - Quoted (unadjusted) market prices in active markets for identical assets or liabilities
Level 2 - Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly
observable
Level 3 - Valuation techniques for which the lowest level input that is significant to the fair value measurement is
unobservable.
The following tables provides the fair value measurement hierarchy of the Company’s financial assets and liabilities that are measured
at fair value or where fair value disclosure is required.
` in crore
As at March 31, 2022
Fair value measurement using
Particulars Quoted prices in Significant Significant
Total active markets observable unobservable
(Level 1) inputs (Level 2) inputs (Level 3)
Assets measured at fair value:
FVTOCI financial investments
Quoted equity instruments 4,354.80 4,354.80 - -
Unquoted equity instruments 615.78 - - 615.78
FVTPL financial investments
Investment in mutual funds 1,113.35 - 1,113.35 -
Quoted debt instruments 150.00 150.00 -
Liabilities measured at fair value:
Derivative financial liabilities
Foreign exchange forward contracts 4.37 - 4.37 -
There have been no transfers between levels during the period.
` in crore
As at March 31, 2021
Fair value measurement using
Particulars Quoted prices in Significant Significant
Total active markets observable unobservable
(Level 1) inputs (Level 2) inputs (Level 3)
Assets measured at fair value:
FVTOCI financial investments
Quoted equity instruments 2,634.31 2,634.31 - -
Unquoted equity instruments 512.96 - - 512.96
FVTPL financial investments
Investment in mutual funds 1,281.81 - 1,281.81 -
Quoted debt instruments 150.00 150.00 - -
Liabilities measured at fair value:
Derivative financial liabilities
Foreign exchange forward contracts 1.09 - 1.09 -
There have been no transfers between levels during the period.

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