Page 100 - ar2011_hi

98 // HUTCHISON PORT HOLDINGS TRUST
Notes to the Accounts
30 Financial risk and capital management (Continued)
(f) Liquidity exposure (Continued)
Contractual maturities
Carrying
amounts
HK$’000
Total
undiscounted
cash fows
HK$’000
Within
1 year
HK$’000
Within
2 to 5 years
HK$’000
Trust
Trade and other payables 29,226 29,226 29,226 -
(g) Fair value estimation
The fnancial instruments of the Group that are measured at fair value at 31 December 2011 were the
investments. The investments mainly comprise the River Ports Economic Benefts, in which the fair value
measurement is classifed as Level 3 of the fair value measurement hierarchy (inputs for the assets that
are not based on observable market data (i.e. unobservable inputs) in accordance with the disclosure
requirement of HKFRS 7 for fnancial instruments. The fair value is determined by using valuation
techniques. Specifc valuation techniques used to value fnancial instruments included discounted cash
fow analysis, are used to determine the fair value of the fnancial instruments.