Toowoomba Regional Council
Notes to the Financial Statements
for the year ended 30 June 2016
Note 13. Fair Value Measurements (continued)
(1) The following table presents all assets and liabilities that have been measured and recognised at
fair values (continued):
Fair Value Measurement using:
Level 1
2015
Level 2
Level 3
Date
Quoted
Significant
Significant
of latest
prices in
observable
unobservable
valuation
active mkts
inputs
inputs
$'000
$'000
$'000
$'000
dd/mm/yy
-
20
20
-
20
20
dd/mm/yy
-
213,770
-
213,770
dd/mm/yy
-
-
161,660
161,660
dd/mm/yy
-
2,418
-
2,418
dd/mm/yy
-
-
245,947
245,947
dd/mm/yy
-
-
1,695
1,695
dd/mm/yy
-
-
4,845
4,845
dd/mm/yy
-
-
4,094
4,094
dd/mm/yy
-
-
3,789
3,789
dd/mm/yy
-
-
28,486
28,486
dd/mm/yy
-
-
1,817,401
1,817,401
dd/mm/yy
-
-
216,400
216,400
dd/mm/yy
-
-
498,645
498,645
dd/mm/yy
-
-
96,677
96,677
dd/mm/yy
-
-
242,541
242,541
dd/mm/yy
-
-
260,663
260,663
dd/mm/yy
-
216,188
13,196
3,596,039
13,196
3,812,227
Financial Assets
- Investment in South Burnett Community
Enterprises Limited (formerly known as
Yarraman Financial Services)
Total Financial Assets
Property, Plant and Equipment
- Land
- Site Improvements - Parks & Recreation,
Depots & Community Facilities
- Buildings - Residential
- Buildings - Specialised
- Road and bridge network - Bus Shelters
- Road and bridge network - Car Parks
- Road and bridge network - Roundabouts
- Road and bridge network - Traffic Lights
- Road and bridge network - Bridges
- Road and bridge network - Roads
- Water - Active Assets
- Water - Passive Assets
- Wastewater - Active Assets
- Wastewater - Passive Assets
- Drainage - Stormwater
- Other Infrastructure - Aerodrome Infrastructure
Total Property, Plant and Equipment
Total
(2) Transfers between Level 1 and Level 2 Fair Value Hierarchies
During the year, there were no transfers between Level 1 and Level 2 Fair Value hierarchies for recurring fair
value measurements.
Council's policy for determining transfers between Fair Value hierarchies is at the end of the reporting period.
page 27
TOOWOOMBA REGIONAL COUNCIL Annual Report 2015 - 2016
Financial report CHAPTER 6
163