Annual Report 2016/17

THE AMERICAN CLUB

NOTES TO FINANCIAL STATEMENTS 30 June 2017

4. FINANCIAL INSTRUMENTS, FINANCIAL RISKS AND CAPITAL MANAGEMENT (cont’d)

Fair value of financial instruments that are carried at fair value

The following table shows an analysis of financial instruments carried at fair value by level of fair value hierarchy: Quoted Prices in active Significant markets for other identical observable Unobservable instruments inputs inputs Total (Level 1) (Level 2) (Level 3) $ $ $ $ 2017

Financial assets: Alternative investments At 30 June 2017

-

-

13,634 13,634

2016

Financial assets: Unquoted mutual funds Alternative investments

- - -

- -

2,611,694

2,611,694

13,385

13,385

At 30 June 2016

- 2,625,079 2,625,079

47 2016/17 ANNUAL REPORT